| Prodigio Design Limited |
| Registered number: |
06540512 |
| Abbreviated Balance Sheet |
| as at 31 March 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
6,855 |
|
|
5,177 |
|
| Current assets |
| Stocks |
|
|
48,100 |
|
|
- |
| Debtors |
|
|
183,400 |
|
|
52,418 |
| Cash at bank and in hand |
|
|
288,579 |
|
|
131,040 |
|
|
|
520,079 |
|
|
183,458 |
|
| Creditors: amounts falling due within one year |
|
|
(357,188) |
|
|
(77,868) |
|
| Net current assets |
|
|
|
162,891 |
|
|
105,590 |
|
| Total assets less current liabilities |
|
|
|
169,746 |
|
|
110,767 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(417) |
|
|
(1,417) |
|
|
|
| Net assets |
|
|
|
169,329 |
|
|
109,350 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
169,229 |
|
|
109,250 |
|
| Shareholders' funds |
|
|
|
169,329 |
|
|
109,350 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| M Sydenham |
| Director |
| Approved by the board on 16 December 2014 |
|
| Prodigio Design Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Computer equipment |
33.3% straight line |
|
Furniture & fixtures |
20% straight line |
|
|
Stocks |
|
Work in progress is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2013 |
11,030 |
|
Additions |
5,678 |
|
At 31 March 2014 |
16,708 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2013 |
5,853 |
|
Charge for the year |
4,000 |
|
At 31 March 2014 |
9,853 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2014 |
6,855 |
|
At 31 March 2013 |
5,177 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
