Abbreviated Company Accounts

03210339 SHERBET LIMITED 2013-06-30 false 2012-07-01 2013-06-30 true 03210339 2012-07-01 2013-06-30 03210339 2013-06-30 03210339 2012-06-30 03210339 uk-gaap-cd-bus:Director1 2012-07-01 2013-06-30 03210339 uk-gaap-cd-bus:Director2 2012-07-01 2013-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-07-01 2013-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-06-30 iso4217:GBP shares

Registered Number 03210339

SHERBET LIMITED

Abbreviated Accounts

30 June 2013

SHERBET LIMITED Registered Number 03210339

Abbreviated Balance Sheet as at 30 June 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	16,980	27,219
		16,980	27,219
Current assets
Debtors		29,910	33,703
Cash at bank and in hand		35,166	33,537
		65,076	67,240
Creditors: amounts falling due within one year		(192,025)	(165,508)
Net current assets (liabilities)		(126,949)	(98,268)
Total assets less current liabilities		(109,969)	(71,049)
Provisions for liabilities		0	(338)
Total net assets (liabilities)		(109,969)	(71,387)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(109,971)	(71,389)
Shareholders' funds		(109,969)	(71,387)

For the year ending 30 June 2013 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 31 March 2014

And signed on their behalf by:
J C Bairstow, Director

SHERBET LIMITED Registered Number 03210339

Notes to the Abbreviated Accounts for the period ended 30 June 2013

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.

Tangible assets depreciation policy
Depreciation is provided on all fixed assets to write off the cost of each asset evenly over its expected useful life using the following rates:

Furniture, fittings and equipment - 20%

Other accounting policies
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.

2Tangible fixed assets

	£
Cost
At 1 July 2012	334,980
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2013	334,980
Depreciation
At 1 July 2012	307,761
Charge for the year	10,239
On disposals	-
At 30 June 2013	318,000
Net book values
At 30 June 2013	16,980
At 30 June 2012	27,219

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2

Authorized: 10,000 ordinary shares of £1 each.