Abbreviated Company Accounts - POLSMAK LIMITED

Registered Number 04925743

POLSMAK LIMITED

Abbreviated Accounts

31 March 2014

POLSMAK LIMITED Registered Number 04925743

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	10,808	10,753
		10,808	10,753
Current assets
Stocks		10,000	10,000
Debtors		973	6,513
Cash at bank and in hand		53,690	3,705
		64,663	20,218
Creditors: amounts falling due within one year		(63,636)	(30,905)
Net current assets (liabilities)		1,027	(10,687)
Total assets less current liabilities		11,835	66
Total net assets (liabilities)		11,835	66
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		10,835	(934)
Shareholders' funds		11,835	66

For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 25 December 2014

And signed on their behalf by:
Piotr Wojciechowski, Director

POLSMAK LIMITED Registered Number 04925743

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Fixtures, fittings & equipment 15% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2013	38,308
Additions	2,225
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	40,533
Depreciation
At 1 April 2013	27,555
Charge for the year	2,170
On disposals	-
At 31 March 2014	29,725
Net book values
At 31 March 2014	10,808
At 31 March 2013	10,753