Registered Number 02142916

ARNOLFINI TRADING LIMITED

Abbreviated Accounts

31 March 2014

ARNOLFINI TRADING LIMITED Registered Number 02142916

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 30,459 39,585
30,459 39,585
Creditors: amounts falling due within one year 3 (29,957) (23,635)
Net current assets (liabilities) (29,957) (23,635)
Total assets less current liabilities 502 15,950
Total net assets (liabilities) 502 15,950
Capital and reserves
Called up share capital 502 15,950
Shareholders' funds 502 15,950
  • For the year ending 31 March 2014 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 19 December 2014

And signed on their behalf by:
Jim McAuliffe, Director
Sarah Wight, Director

ARNOLFINI TRADING LIMITED Registered Number 02142916

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 gross invoiced sales of services, less value added tax calculated at a flat rate on those gross sales, which are recognised when the services are provided.

Tangible assets depreciation policy
Assets over £500 are capitalised. Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is calculated to write down the cost less the estimated residual value of all tangible fixed assets by equal annual instalments. The rates/periods generally applicable are:
(I) Freehold property (excluding land) - Fifty years
(II) Freehold property improvements - Twenty years
(III) Fixtures, fittings, and equipment - Five to ten years

Intangible assets amortisation policy
Arnolfini Trading does not maintain any intangible assets.

Valuation information and policy
The accounting statements have been prepared in accordance with the historical cost convention except that investments are valued at market rate.

2Tangible fixed assets
£
Cost
At 1 April 2013 39,585
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 39,585
Depreciation
At 1 April 2013 -
Charge for the year 9,126
On disposals -
At 31 March 2014 9,126
Net book values
At 31 March 2014 30,459
At 31 March 2013 39,585
3Creditors
2014
£		 2013
£
Secured Debts 29,957 23,635