Abbreviated Company Accounts - SOUTH DOWNS STATIONERY LIMITED

SOUTH DOWNS STATIONERY LIMITED - Company Information

Registered Number 06375938

SOUTH DOWNS STATIONERY LIMITED

Abbreviated Accounts

31 March 2014

SOUTH DOWNS STATIONERY LIMITED Registered Number 06375938

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	24,000	30,000
Tangible assets	3	2,062	3,306
		26,062	33,306
Current assets
Stocks		15,000	28,513
Debtors		18,927	28,586
Cash at bank and in hand		-	8,991
		33,927	66,090
Creditors: amounts falling due within one year		(21,424)	(38,465)
Net current assets (liabilities)		12,503	27,625
Total assets less current liabilities		38,565	60,931
Creditors: amounts falling due after more than one year		(86,970)	(100,201)
Total net assets (liabilities)		(48,405)	(39,270)
Capital and reserves
Called up share capital		2	2
Profit and loss account		(48,407)	(39,272)
Shareholders' funds		(48,405)	(39,270)

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 30 December 2014

And signed on their behalf by:
F E PASQUET, Director

SOUTH DOWNS STATIONERY LIMITED Registered Number 06375938

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.

2Intangible fixed assets

	£
Cost
At 1 April 2013	60,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	60,000
Amortisation
At 1 April 2013	30,000
Charge for the year	6,000
On disposals	-
At 31 March 2014	36,000
Net book values
At 31 March 2014	24,000
At 31 March 2013	30,000

3Tangible fixed assets

	£
Cost
At 1 April 2013	16,219
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	16,219
Depreciation
At 1 April 2013	12,913
Charge for the year	1,244
On disposals	-
At 31 March 2014	14,157
Net book values
At 31 March 2014	2,062
At 31 March 2013	3,306