Registered Number 07945837

ABSTRACTS HAIR STUDIO LIMITED

Abbreviated Accounts

28 February 2015

ABSTRACTS HAIR STUDIO LIMITED Registered Number 07945837

Abbreviated Balance Sheet as at 28 February 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 14,167 24,167
Tangible assets 3 324 432
14,491 24,599
Current assets
Stocks 3,500 2,500
Debtors 211 -
Cash at bank and in hand 2,875 10,224
6,586 12,724
Creditors: amounts falling due within one year (8,786) (22,319)
Net current assets (liabilities) (2,200) (9,595)
Total assets less current liabilities 12,291 15,004
Provisions for liabilities (65) (86)
Total net assets (liabilities) 12,226 14,918
Capital and reserves
Called up share capital 2 2
Profit and loss account 12,224 14,916
Shareholders' funds 12,226 14,918
  • For the year ending 28 February 2015 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 26 November 2015

And signed on their behalf by:
W Barber, Director

ABSTRACTS HAIR STUDIO LIMITED Registered Number 07945837

Notes to the Abbreviated Accounts for the period ended 28 February 2015

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.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

2Intangible fixed assets
£
Cost
At 1 March 2014 40,000
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2015 40,000
Amortisation
At 1 March 2014 15,833
Charge for the year 10,000
On disposals -
At 28 February 2015 25,833
Net book values
At 28 February 2015 14,167
At 28 February 2014 24,167
3Tangible fixed assets
£
Cost
At 1 March 2014 674
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2015 674
Depreciation
At 1 March 2014 242
Charge for the year 108
On disposals -
At 28 February 2015 350
Net book values
At 28 February 2015 324
At 28 February 2014 432