STONES TRADERS LIMITED
|
Registered number: |
03931687
|
Abbreviated Balance Sheet |
as at 28 February 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
11,748 |
|
|
11,874 |
|
Current assets |
Stocks |
|
|
195,730 |
|
|
198,975 |
Debtors |
|
|
7,342 |
|
|
7,342 |
Cash at bank and in hand |
|
|
5,707 |
|
|
7,426 |
|
|
|
208,779 |
|
|
213,743 |
|
Creditors: amounts falling due within one year |
|
|
(177,216) |
|
|
(183,095) |
|
Net current assets |
|
|
|
31,563 |
|
|
30,648 |
|
Net assets |
|
|
|
43,311 |
|
|
42,522 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
100 |
|
|
100 |
Share premium |
|
|
|
35,000 |
|
|
35,000 |
Profit and loss account |
|
|
|
8,211 |
|
|
7,422 |
|
Shareholders' funds |
|
|
|
43,311 |
|
|
42,522 |
|
|
|
|
|
|
|
|
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.
|
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.
|
|
|
|
MR.S.YILDIZ |
Director |
Approved by the board on 10 November 2015
|
|
STONES TRADERS LIMITED
|
Notes to the Abbreviated Accounts |
for the year ended 28 February 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% reducing balance
|
|
0 |
|
|
0
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 March 2014 |
29,684 |
|
At 28 February 2015 |
29,684 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2014 |
17,810 |
|
Charge for the year |
126 |
|
At 28 February 2015 |
17,936 |
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2015 |
11,748 |
|
At 28 February 2014 |
11,874 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|