Igloo Pets Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07536846 (England and Wales)

IGLOO PETS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs J Collins

S C Charnock

REGISTERED OFFICE:

PO Box 3310

126 Fairlie Road

Slough

Berkshire

SL1 0AG

REGISTERED NUMBER:

07536846 (England and Wales)

ACCOUNTANTS:

A & S Associates

Chartered Accountants

PO Box 3310

126 Fairlie Road

Slough

Berkshire

SL1 0AG

FIXED ASSETS

Tangible assets

2

2,500

3,437

CURRENT ASSETS

Stocks

53,600

33,640

Debtors

12,191

10,023

Cash at bank and in hand

140

4,689

65,931

48,352

CREDITORS

Amounts falling due within one year

75,141

64,738

NET CURRENT LIABILITIES

(9,210

)

(16,386

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,710

)

(12,949

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(6,711

)

(12,950

)

SHAREHOLDERS' FUNDS

(6,710

)

(12,949

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 December 2014 and were signed on its behalf by:

Mrs J Collins - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

6,111

DEPRECIATION

At 1 April 2013

2,674

Charge for year

937

At 31 March 2014

3,611

NET BOOK VALUE

At 31 March 2014

2,500

At 31 March 2013

3,437

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1`

1

1