Abbreviated Company Accounts - THEBUYER LIMITED

Abbreviated Company Accounts - THEBUYER LIMITED


Registered Number 03528780

THEBUYER LIMITED

Abbreviated Accounts

31 December 2014

THEBUYER LIMITED Registered Number 03528780

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Current assets
Debtors 52,955 53,703
Cash at bank and in hand - 8,487
52,955 62,190
Creditors: amounts falling due within one year - (2,561)
Net current assets (liabilities) 52,955 59,629
Total assets less current liabilities 52,955 59,629
Creditors: amounts falling due after more than one year (5,854) (5,854)
Total net assets (liabilities) 47,101 53,775
Capital and reserves
Called up share capital 2,000 2,000
Profit and loss account 45,101 51,775
Shareholders' funds 47,101 53,775
  • For the year ending 31 December 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 7 January 2015

And signed on their behalf by:
Sarah Lynn Hulme, Director

THEBUYER LIMITED Registered Number 03528780

Notes to the Abbreviated Accounts for the period ended 31 December 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.

Other accounting policies
Foreign currency
Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.