Registered Number 07945837

ABSTRACTS HAIR STUDIO LIMITED

Abbreviated Accounts

28 February 2013

ABSTRACTS HAIR STUDIO LIMITED Registered Number 07945837

Abbreviated Balance Sheet as at 28 February 2013

Notes 2013
£
Fixed assets
Intangible assets 2 32,000
Tangible assets 3 1,650
33,650
Current assets
Stocks 2,000
Cash at bank and in hand 2,103
4,103
Creditors: amounts falling due within one year (37,191)
Net current assets (liabilities) (33,088)
Total assets less current liabilities 562
Provisions for liabilities (330)
Total net assets (liabilities) 232
Capital and reserves
Called up share capital 1
Profit and loss account 231
Shareholders' funds 232
  • For the year ending 28 February 2013 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 7 November 2013

And signed on their behalf by:
J A Barber, Director

ABSTRACTS HAIR STUDIO LIMITED Registered Number 07945837

Notes to the Abbreviated Accounts for the period ended 28 February 2013

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
Additions 40,000
Disposals -
Revaluations -
Transfers -
At 28 February 2013 40,000
Amortisation
Charge for the year 8,000
On disposals -
At 28 February 2013 8,000
Net book values
At 28 February 2013 32,000
3Tangible fixed assets
£
Cost
Additions 2,200
Disposals -
Revaluations -
Transfers -
At 28 February 2013 2,200
Depreciation
Charge for the year 550
On disposals -
At 28 February 2013 550
Net book values
At 28 February 2013 1,650