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REGISTERED NUMBER: 04758241 (England and Wales)











"THE 40'S ROOM" LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2013






"THE 40'S ROOM" LTD (REGISTERED NUMBER: 04758241)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2013




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 2013







DIRECTOR: Mr T Sharples





SECRETARY: Mr J M Sharples





REGISTERED OFFICE: 183 Walsall Road
Great Wyrley
Walsall
West Midlands
WS6 6NL





REGISTERED NUMBER: 04758241 (England and Wales)

"THE 40'S ROOM" LTD (REGISTERED NUMBER: 04758241)

ABBREVIATED BALANCE SHEET
31 MAY 2013

31.5.13 31.5.12
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 4,299 4,844

CURRENT ASSETS
Stocks 29,000 23,500

CREDITORS
Amounts falling due within one year 3 31,077 28,267
NET CURRENT LIABILITIES (2,077 ) (4,767 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,222

77

PROVISIONS FOR LIABILITIES 534 -
NET ASSETS 1,688 77

CAPITAL AND RESERVES
Called up share capital 4 1 1
Profit and loss account 1,687 76
SHAREHOLDERS' FUNDS 1,688 77

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2013 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 18 March 2014 and were signed by:





Mr T Sharples - Director


"THE 40'S ROOM" LTD (REGISTERED NUMBER: 04758241)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2013

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 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 2012 13,785
Additions 359
At 31 May 2013 14,144
DEPRECIATION
At 1 June 2012 8,941
Charge for year 904
At 31 May 2013 9,845
NET BOOK VALUE
At 31 May 2013 4,299
At 31 May 2012 4,844

3. CREDITORS

Creditors include an amount of £ 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 2013

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.13 31.5.12
value: £    £   
1 Ordinary £1 1 1

5. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of Mr T Sharples by virtue of his shareholding.