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REGISTERED NUMBER: 04758241 (England and Wales)























Abbreviated Unaudited Accounts

for the Year Ended 31 May 2014

for

"the 40's Room" Ltd

"the 40's Room" Ltd (Registered number: 04758241)






Contents of the Abbreviated Accounts
for the Year Ended 31 May 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

"the 40's Room" Ltd

Company Information
for the Year Ended 31 May 2014







DIRECTOR: T Sharples





SECRETARY: J M Sharples





REGISTERED OFFICE: Harance House
Rumer Hill Road
Cannock
Staffordshire
WS11 0ET





REGISTERED NUMBER: 04758241 (England and Wales)





ACCOUNTANTS: Rice & Co Limited
Chartered Accountants
Harance House
Rumer Hill Road
Cannock
Staffordshire
WS11 0ET

"the 40's Room" Ltd (Registered number: 04758241)

Abbreviated Balance Sheet
31 May 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 4,129 4,299

CURRENT ASSETS
Stocks 20,500 29,000
Debtors 586 -
21,086 29,000
CREDITORS
Amounts falling due within one year 3 33,148 31,077
NET CURRENT LIABILITIES (12,062 ) (2,077 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,933
)
2,222

PROVISIONS FOR LIABILITIES - 534
NET (LIABILITIES)/ASSETS (7,933 ) 1,688

CAPITAL AND RESERVES
Called up share capital 4 1 1
Profit and loss account (7,934 ) 1,687
SHAREHOLDERS' FUNDS (7,933 ) 1,688

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

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

The director acknowledges his 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 director on 20 February 2015 and were signed by:




T Sharples - Director


"the 40's Room" Ltd (Registered number: 04758241)

Notes to the Abbreviated Accounts
for the Year Ended 31 May 2014

1. ACCOUNTING POLICIES

Accounting convention
The company is currently reporting net current liabilities of £12,062 (2013 £2,077). The director has confirmed
his intention to provide the necessary financial support for a period of twelve months from the date of signing
these financial statements. On the basis of this support the financial statements have been prepared on the going
concern basis.

Turnover
Turnover represents net invoiced sales of goods and services. The company is not registered for 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.

Fixtures and fittings - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 25% on cost

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 June 2013 14,144
Additions 1,328
Disposals (3,500 )
At 31 May 2014 11,972
DEPRECIATION
At 1 June 2013 9,845
Charge for year 809
Eliminated on disposal (2,811 )
At 31 May 2014 7,843
NET BOOK VALUE
At 31 May 2014 4,129
At 31 May 2013 4,299

3. CREDITORS

Creditors include an amount of £ 7,205 (2013 - £ 6,816 ) for which security has been given.

"the 40's Room" Ltd (Registered number: 04758241)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 May 2014

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
1 Ordinary share £1 1 1