Registered Number 03210339
SHERBET LIMITED
Abbreviated Accounts
30 June 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
( |
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Total assets less current liabilities |
( |
( |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Furniture and fittings - 20%
Computer equipment - 20%
Other accounting policies
Deferred taxation is provided at the current rates of taxation on differences arising from the inclusion of income and expenditure in taxation computations in periods different to those in which they are included in the financial statements, except where the difference is expected to continue for the foreseeable future.
Foreign currencies:
Transactions denominated in foreign currencies are recorded in sterling at the date of the transaction. Exchange differences arising in the ordinary course of business are dealt with in the profit and loss account.
Controlling Party:
The director is the company's ultimate controlling party.
£ | |
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Cost | |
At 1 July 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 June 2015 |
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Depreciation | |
At 1 July 2014 |
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Charge for the year |
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On disposals |
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At 30 June 2015 |
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Net book values | |
At 30 June 2015 | 5,571 |
At 30 June 2014 | 12,147 |