REGISTERED NUMBER: 07115854 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2014

FOR

SOCKET STORE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Certified Accountants' Report

4

DIRECTORS:

P Stephens

A M Smith

SECRETARY:

P Stephens

REGISTERED OFFICE:

134 Parc Nant Celyn

Efail Isaf

Pontypridd

RCT

CF38 1AA

REGISTERED NUMBER:

07115854 (England and Wales)

FIXED ASSETS

1,136

Tangible assets

2

1,414

CURRENT ASSETS

3,750

Stocks

12,000

18,320

Debtors

27,323

5,601

Cash at bank

-

27,671

39,323

CREDITORS

24,116

Amounts falling due within one year

45,800

3,555

NET CURRENT (LIABILITIES)/ASSETS

(6,477

)

4,691

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,063

)

227

PROVISIONS FOR LIABILITIES

-

4,464

NET (LIABILITIES)/ASSETS

(5,063

)

CAPITAL AND RESERVES

1,000

Called up share capital

3

1,000

3,464

Profit and loss account

(6,063

)

4,464

SHAREHOLDERS' FUNDS

(5,063

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 11 July 2014 and were signed on its behalf by:

P Stephens - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2013

1,515

Additions

749

At 31 January 2014

2,264

DEPRECIATION

At 1 February 2013

379

Charge for year

471

At 31 January 2014

850

NET BOOK VALUE

At 31 January 2014

1,414

At 31 January 2013

1,136

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.14

31.1.13

value:

£

£

1,000

Ordinary

1

1,000

1,000

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Socket Store Limited for the year ended 31 January 2014 which comprise the Profit and Loss

Account, the Balance Sheet, and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Socket Store Limited, as a body, in accordance with our terms of

engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Socket Store

Limited and state those matters that we have agreed to state to the Board of Directors of Socket Store Limited, as a

body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as

detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Socket Store Limited has kept adequate accounting records and to prepare statutory

financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Socket Store

Limited. You consider that Socket Store Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Socket Store Limited. For

this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations

you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Date: .............................................