Registered Number 07120798

ABOUT CHILDREN LIMITED

Abbreviated Accounts

31 March 2016

ABOUT CHILDREN LIMITED Registered Number 07120798

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 8,491 6,240
8,491 6,240
Current assets
Debtors 3,814 3,813
Cash at bank and in hand 34,606 8,495
38,420 12,308
Creditors: amounts falling due within one year (23,638) (18,294)
Net current assets (liabilities) 14,782 (5,986)
Total assets less current liabilities 23,273 254
Total net assets (liabilities) 23,273 254
Capital and reserves
Called up share capital 12 6
Revaluation reserve 1,500 1,500
Profit and loss account 21,761 (1,252)
Shareholders' funds 23,273 254
  • For the year ending 31 March 2016 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 6 June 2016

And signed on their behalf by:
L Ritchie, Director

ABOUT CHILDREN LIMITED Registered Number 07120798

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 the amount derived from the provision of goods and services falling within the company's ordinary activities, excluding VAT.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and Equipment 10% on the reducing balance

Other accounting policies
The company has taken advantage of the exemption in Financial Reporting Standard No. 1 from producing a cash flow statement on the grounds that it is a small company.

2Tangible fixed assets
£
Cost
At 1 April 2015 9,042
Additions 3,195
Disposals -
Revaluations -
Transfers -
At 31 March 2016 12,237
Depreciation
At 1 April 2015 2,802
Charge for the year 944
On disposals -
At 31 March 2016 3,746
Net book values
At 31 March 2016 8,491
At 31 March 2015 6,240