Ageless Solutions Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08403996 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 28 February 2015

for

Ageless Solutions Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C Chapman

SECRETARY:

REGISTERED OFFICE:

Third Floor

Scottish Mutual House

27-29 North Street

Romford

Essex

RM11 1RS

REGISTERED NUMBER:

08403996 (England and Wales)

ACCOUNTANTS:

Havard & Associates

Third Floor, Scottish Mutual House

27-29 North Street

Hornchurch

Essex

RM11 1RS

FIXED ASSETS

Tangible assets

2

4,209

299

CURRENT ASSETS

Stocks

5,500

-

Debtors

1,642

20,142

Cash at bank

8,832

11,899

15,974

32,041

CREDITORS

Amounts falling due within one year

19,396

21,742

NET CURRENT (LIABILITIES)/ASSETS

(3,422

)

10,299

TOTAL ASSETS LESS CURRENT LIABILITIES

787

10,598

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

786

10,597

SHAREHOLDERS' FUNDS

787

10,598

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 19 November 2015 and were signed by:

C Chapman - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2014

399

Additions

4,963

At 28 February 2015

5,362

DEPRECIATION

At 1 March 2014

100

Charge for year

1,053

At 28 February 2015

1,153

NET BOOK VALUE

At 28 February 2015

4,209

At 28 February 2014

299

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

28.2.15

28.2.14

value:

£

£

1

Share capital 1

£1

1

1