Applecore Designs Ltd
|
Registered number: |
03010943
|
Abbreviated Balance Sheet |
as at 31 January 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
11,639 |
|
|
7,771 |
Investments |
3 |
|
|
467,128 |
|
|
467,128 |
|
|
|
|
478,767 |
|
|
474,899 |
|
Current assets |
Debtors |
|
|
21,930 |
|
|
23,569 |
Cash at bank and in hand |
|
|
360,301 |
|
|
268,047 |
|
|
|
382,231 |
|
|
291,616 |
|
Creditors: amounts falling due within one year |
|
|
(284,562) |
|
|
(275,746) |
|
Net current assets |
|
|
|
97,669 |
|
|
15,870 |
|
Total assets less current liabilities |
|
|
|
576,436 |
|
|
490,769 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(106,646) |
|
|
(142,581) |
|
|
|
Net assets |
|
|
|
469,790 |
|
|
348,188 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
5 |
|
|
200 |
|
|
200 |
Profit and loss account |
|
|
|
469,590 |
|
|
347,988 |
|
Shareholders' funds |
|
|
|
469,790 |
|
|
348,188 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
S R Berry |
Director |
Approved by the board on 31 October 2015
|
|
Applecore Designs Ltd
|
Notes to the Abbreviated Accounts |
for the year ended 31 January 2015
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% p. a. straight line
|
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 February 2014 |
78,189 |
|
Additions |
8,131 |
|
At 31 January 2015 |
86,320 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 February 2014 |
70,418 |
|
Charge for the year |
4,263 |
|
At 31 January 2015 |
74,681 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2015 |
11,639 |
|
At 31 January 2014 |
7,771 |
|
|
|
|
|
|
|
|
|
|
3 |
Investments |
£ |
|
|
Cost |
|
At 1 February 2014 |
467,128 |
|
|
At 31 January 2015 |
467,128 |
|
|
|
|
|
|
|
|
The company holds 20% or more of the share capital of the following companies: |
|
Capital and |
Profit (loss) |
|
Company |
Shares held |
reserves |
for the year |
|
|
Class |
% |
£ |
£ |
|
IBIM Consultancy Limited |
Ordinary |
100 |
|
(4,670) |
|
- |
|
4 |
Loans |
2015 |
|
2014 |
£ |
£ |
|
Creditors include: |
|
Amounts falling due for payment after more than five years |
59,382 |
|
56,735 |
|
Secured bank loans |
73,471 |
|
78,943 |
|
|
|
|
|
|
|
|
|
|
On 4 August 2015, £30,000 was paid as a reduction of the above liabilities. |
|
5 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
200 |
|
200 |
|
200 |
|
|
|
|
|
|
|
|
|