Registered Number 07342691

ABSTRACT GREETINGS LTD

Abbreviated Accounts

31 August 2013

ABSTRACT GREETINGS LTD Registered Number 07342691

Abbreviated Balance Sheet as at 31 August 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 332 496
332 496
Current assets
Stocks 16,214 16,214
Debtors - 2,364
Cash at bank and in hand 27 267
16,241 18,845
Creditors: amounts falling due within one year (4,611) (4,611)
Net current assets (liabilities) 11,630 14,234
Total assets less current liabilities 11,962 14,730
Creditors: amounts falling due after more than one year (12,769) (40,895)
Total net assets (liabilities) (807) (26,165)
Capital and reserves
Called up share capital 2 2
Profit and loss account (809) (26,167)
Shareholders' funds (807) (26,165)
  • For the year ending 31 August 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 12 May 2014

And signed on their behalf by:
M Costecalde, Director

ABSTRACT GREETINGS LTD Registered Number 07342691

Notes to the Abbreviated Accounts for the period ended 31 August 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
The turnover shown in the profit and loss account represents amounts invoiced during the year.

2Tangible fixed assets
£
Cost
At 1 September 2012 1,062
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2013 1,062
Depreciation
At 1 September 2012 566
Charge for the year 164
On disposals -
At 31 August 2013 730
Net book values
At 31 August 2013 332
At 31 August 2012 496