Abbreviated Company Accounts - FRESHORIZE LTD

04404575 FRESHORIZE LTD 2014-03-31 false 2013-04-01 2014-03-31 true 04404575 2013-04-01 2014-03-31 04404575 2014-03-31 04404575 2013-03-31 04404575 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 04404575 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 04404575

FRESHORIZE LTD

Abbreviated Accounts

31 March 2014

FRESHORIZE LTD Registered Number 04404575

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	31,347	33,846
Tangible assets	3	84,250	91,591
		115,597	125,437
Current assets
Stocks		28,500	10,600
Debtors		36,527	96,801
Cash at bank and in hand		157,601	205,889
		222,628	313,290
Creditors: amounts falling due within one year		(126,766)	(233,452)
Net current assets (liabilities)		95,862	79,838
Total assets less current liabilities		211,459	205,275
Total net assets (liabilities)		211,459	205,275
Capital and reserves
Called up share capital	4	75,684	75,684
Profit and loss account		135,775	129,591
Shareholders' funds		211,459	205,275

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 15 December 2014

And signed on their behalf by:
Mr Abdul Patel, Director

FRESHORIZE LTD Registered Number 04404575

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention. The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life.

Intangible assets amortisation policy
Patents are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful lives.

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 April 2013	49,982
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	49,982
Amortisation
At 1 April 2013	16,136
Charge for the year	2,499
On disposals	-
At 31 March 2014	18,635
Net book values
At 31 March 2014	31,347
At 31 March 2013	33,846

3Tangible fixed assets

	£
Cost
At 1 April 2013	183,514
Additions	14,778
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	198,292
Depreciation
At 1 April 2013	91,923
Charge for the year	22,119
On disposals	-
At 31 March 2014	114,042
Net book values
At 31 March 2014	84,250
At 31 March 2013	91,591

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
75,684 Ordinary shares of £1 each	75,684	75,684