4ever Limited - Period Ending 2014-03-31

Registration number: 04985443

4ever Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2014
 

4ever Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

4ever Limited
(Registration number: 04985443)
Abbreviated Balance Sheet at 31 March 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					1			249
Current assets
Debtors					3,182			4,733
Cash at bank and in hand					2,182			5,451
					5,364			10,184
Creditors: Amounts falling due within one year					(9,401)			(8,688)
Net current (liabilities)/assets					(4,037)			1,496
Net (liabilities)/assets					(4,036)			1,745
Capital and reserves
Called up share capital		3			1,000			1,000
Profit and loss account					(5,036)			745
Shareholders' (deficit)/funds					(4,036)			1,745

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 22 September 2014 and signed on its behalf by:

.........................................
R E Stackhouse
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

4ever Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	25% reducing balance

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2013		2,145			2,145
Additions		1,583			1,583
Disposals		(3,727)			(3,727)
At 31 March 2014		1			1
Depreciation
At 1 April 2013		1,896			1,896
Charge for the year		458			458
Eliminated on disposals		(2,354)			(2,354)
At 31 March 2014		-			-
Net book value
At 31 March 2014		1			1
At 31 March 2013		249			249

Page 2

4ever Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary shares of £1 each		1,000			1,000			1,000			1,000

Page 3