SUBMITTED
Director: |
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Registered office: |
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Hampshire | ||
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Company Registration Number: |
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Notes | 2015 £ |
2014 £ |
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Fixed assets | |||
Tangible assets: | 5 |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 7 |
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Total current assets: |
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Creditors | |||
Creditors: amounts falling due within one year | 8 |
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Net current assets (liabilities): | ( |
( |
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Total assets less current liabilities: | ( |
( |
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Provision for liabilities: | 9 |
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10,618 |
Total net assets (liabilities): | ( |
( |
The notes form part of these financial statements
Notes | 2015 £ |
2014 £ |
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Capital and reserves | |||
Called up share capital: | 10 |
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Profit and Loss account: | ( |
( |
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Total shareholders funds: | ( |
( |
The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name: M Harding
Status: Director
The notes form part of these financial statements
Basis of measurement and preparation of accounts
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
Taxation: Current tax is measured on expected amounts to be paid based on tax rates enacted or substantively enacted by the balance sheet date. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that the recognition of deferred tax assets is limited to the extent that the company anticipates making sufficient taxable profits in the future to absorb the reversal of the underlying timing differences. Deferred tax balances are not discounted. Stock: Stock is stated at the lower of cost and net realisable value. Cost is based on the cost of purchase on a first in, first out basis. Net realisable value is based on estimated selling price less additional costs to completion and disposal. Going concern: The company is currently insolvent. However the directors have prepared the accounts on the going concern basis as a result of the continuing support of the directors and creditors as its justification.
Total | |
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Cost | £ |
At 01st April 2014: |
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Additions: |
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Disposals: |
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At 31st March 2015: |
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Depreciation | |
At 01st April 2014: |
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Charge for year: |
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On disposals: |
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At 31st March 2015: |
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Net book value | |
At 31st March 2015: |
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At 31st March 2014: |
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Included in Debtors is an amount of £7,872 (2014 - £nil) owed by the director, J Bell.
2015 £ |
2014 £ |
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Bank loans and overdrafts: |
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Trade creditors: |
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Taxation and social security: |
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Other creditors: |
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Total: |
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