Registered Number 04902661
BIG AL'S CREATIVE EMPORIUM LIMITED
Abbreviated Accounts
30 September 2014
Notes | 2014 | 2013 | |
---|---|---|---|
£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
|
|
|
|
||
Current assets | |||
Debtors |
|
|
|
Investments |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
|
|
|
Total assets less current liabilities |
|
|
|
Total net assets (liabilities) |
|
|
|
Capital and reserves | |||
Called up share capital | 3 |
|
|
Profit and loss account |
|
|
|
Shareholders' funds |
|
|
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
1.1 Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2 Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied
consistently (except as otherwise stated).
1.3 Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4 Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to
write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
1.5 Investments
Current asset investments are stated at the lower of cost and net realisable value.
£ | |
---|---|
Cost | |
At 1 October 2013 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 September 2014 |
|
Depreciation | |
At 1 October 2013 |
|
Charge for the year |
|
On disposals |
|
At 30 September 2014 |
|
Net book values | |
At 30 September 2014 | 3,675 |
At 30 September 2013 | 4,900 |