Abbreviated Company Accounts - A & G ROCK N' ROLL COUTURE LIMITED

06853435 A & G ROCK N' ROLL COUTURE LIMITED 2012-08-31 false 2011-09-01 2012-08-31 true 06853435 2011-09-01 2012-08-31 06853435 2012-08-31 06853435 2011-08-31 06853435 uk-gaap-cd-bus:Director1 2011-09-01 2012-08-31 06853435 uk-gaap-cd-bus:Director2 2011-09-01 2012-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2011-09-01 2012-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2011-08-31 iso4217:GBP shares

Registered Number 06853435

A & G ROCK N' ROLL COUTURE LIMITED

Abbreviated Accounts

31 August 2012

A & G ROCK N' ROLL COUTURE LIMITED Registered Number 06853435

Abbreviated Balance Sheet as at 31 August 2012

	Notes	2012	2011
		£	£
Fixed assets
Tangible assets	2	19,745	21,964
		19,745	21,964
Current assets
Stocks		19,650	48,750
Debtors		3,163	8,816
Cash at bank and in hand		2,109	2,070
		24,922	59,636
Creditors: amounts falling due within one year		(229,027)	(185,002)
Net current assets (liabilities)		(204,105)	(125,366)
Total assets less current liabilities		(184,360)	(103,402)
Total net assets (liabilities)		(184,360)	(103,402)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(184,460)	(103,502)
Shareholders' funds		(184,360)	(103,402)

For the year ending 31 August 2012 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 31 May 2013

And signed on their behalf by:
M A Guessous, Director

A & G ROCK N' ROLL COUTURE LIMITED Registered Number 06853435

Notes to the Abbreviated Accounts for the period ended 31 August 2012

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.

Tangible assets depreciation policy
Fixtures and fittings - 25% on the reducing balance

Computer equipment - 25% on the reducing balance

Short Leasehold - over the term of the lease

Other accounting policies
Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

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.

Going concern basis
The financial statements have been prepared on a going concern basis which is dependent upon the company's director continuing to provide the necessary financial facilities to enable the company to continue in operation for the foreseeable future.

2Tangible fixed assets

	£
Cost
At 1 September 2011	39,047
Additions	3,475
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2012	42,522
Depreciation
At 1 September 2011	17,083
Charge for the year	5,694
On disposals	-
At 31 August 2012	22,777
Net book values
At 31 August 2012	19,745
At 31 August 2011	21,964

3Called Up Share Capital
Allotted, called up and fully paid:

	2012 £	2011 £
100 Ordinary shares of £1 each	100	100