Abbreviated Company Accounts - ANNA PARK LIMITED

Registered Number 04098847

ANNA PARK LIMITED

Abbreviated Accounts

31 January 2014

ANNA PARK LIMITED Registered Number 04098847

Abbreviated Balance Sheet as at 31 January 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	1	1
Tangible assets	3	278,633	287,267
		278,634	287,268
Current assets
Stocks		377,035	545,255
Debtors		71,520	53,933
Cash at bank and in hand		27,011	21,617
		475,566	620,805
Creditors: amounts falling due within one year		(412,039)	(599,608)
Net current assets (liabilities)		63,527	21,197
Total assets less current liabilities		342,161	308,465
Total net assets (liabilities)		342,161	308,465
Capital and reserves
Called up share capital		200,000	200,000
Profit and loss account		142,161	108,465
Shareholders' funds		342,161	308,465

For the year ending 31 January 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 30 September 2014

And signed on their behalf by:
A Park, Director
R P Cawston, Director

ANNA PARK LIMITED Registered Number 04098847

Notes to the Abbreviated Accounts for the period ended 31 January 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, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Long-term leasehold property - Nil
Short-term leasehold property - 10% reducing balance
Fixtures and fittings - 25% reducing balance

Intangible assets amortisation policy
Goodwill is the difference between amounts paid on acquisition of a business and the fair value of the identifiable assets and liabilities. It is amortised to the Profit and Loss account over its estimated economic life.

Other accounting policies
Pensions
The pension costs charged in financial statements represent the contributions payable by the company during the year in accordance with FRS 17.

2Intangible fixed assets

	£
Cost
At 1 February 2013	30,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2014	30,000
Amortisation
At 1 February 2013	29,999
Charge for the year	-
On disposals	-
At 31 January 2014	29,999
Net book values
At 31 January 2014	1
At 31 January 2013	1

3Tangible fixed assets

	£
Cost
At 1 February 2013	429,152
Additions	6,533
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2014	435,685
Depreciation
At 1 February 2013	141,885
Charge for the year	15,167
On disposals	-
At 31 January 2014	157,052
Net book values
At 31 January 2014	278,633
At 31 January 2013	287,267