High Street Promotions Limited - Abbreviated accounts

Registered number

04700560

High Street Promotions Limited

Abbreviated Accounts

31 March 2014

High Street Promotions Limited
Registered number:		04700560
Abbreviated Balance Sheet
as at 31 March 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		209			279

Current assets
Stocks		8,250			8,080
Debtors		4,956			4,956
Cash at bank and in hand		4,167			4,072
		17,373			17,108

Creditors: amounts falling due within one year		(6,139)			(8,231)

Net current assets			11,234			8,877

Net assets			11,443			9,156

Capital and reserves
Called up share capital	3		1			1
Profit and loss account			11,442			9,155

Shareholder's funds			11,443			9,156

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.



SJ Rickards
Director
Approved by the board on 16 July 2014

High Street Promotions 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.

	Plant and machinery			25% Reducing balance

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 April 2013					819
	At 31 March 2014					819

	Depreciation
	At 1 April 2013					540
	Charge for the year					70
	At 31 March 2014					610

	Net book value
	At 31 March 2014					209
	At 31 March 2013					279


3	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1		1		1