Abbreviated Company Accounts - EAST2WEST LIMITED

Abbreviated Company Accounts - EAST2WEST LIMITED


Registered Number 03144358

EAST2WEST LIMITED

Abbreviated Accounts

30 March 2014

EAST2WEST LIMITED Registered Number 03144358

Abbreviated Balance Sheet as at 30 March 2014

Notes 2014 2013
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 - 2,109
Investments - -
- 2,109
Current assets
Stocks - -
Debtors 23,380 21,880
Investments - -
Cash at bank and in hand 6,261 1,490
29,641 23,370
Prepayments and accrued income 335 335
Creditors: amounts falling due within one year (28,841) (20,278)
Net current assets (liabilities) 1,135 3,427
Total assets less current liabilities 1,135 5,536
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 0
Accruals and deferred income (4,768) (4,765)
Total net assets (liabilities) (3,633) 771
Capital and reserves
Called up share capital 3 1 1
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account (3,634) 770
Shareholders' funds (3,633) 771
  • For the year ending 30 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 28 January 2015

And signed on their behalf by:
W I Stewart, Director

EAST2WEST LIMITED Registered Number 03144358

Notes to the Abbreviated Accounts for the period ended 30 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 comprises revenue recognised by the company in respect of goods and services supplied during the year, exculsive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciaition is provided at rates calculated to write off the cost of fixed asets, less their estimated residual vale, over their expected useful lives on the following bases; Fixtures & Fittings - 33.3% straight line.

2Tangible fixed assets
£
Cost
At 31 March 2013 15,873
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 March 2014 15,873
Depreciation
At 31 March 2013 13,764
Charge for the year 2,109
On disposals 0
At 30 March 2014 15,873
Net book values
At 30 March 2014 0
At 30 March 2013 2,109
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary shares of £1 each 1 1

Allotted, called up and fully paid.