Abbreviated Company Accounts - WE ARE SPARKLE LIMITED

Abbreviated Company Accounts - WE ARE SPARKLE LIMITED


Registered Number 08464412

WE ARE SPARKLE LIMITED

Abbreviated Accounts

31 March 2014

WE ARE SPARKLE LIMITED Registered Number 08464412

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014
£
Called up share capital not paid -
Fixed assets
Intangible assets -
Tangible assets 2 3,660
Investments -
3,660
Current assets
Stocks -
Debtors 1,430
Investments -
Cash at bank and in hand 4,790
6,220
Prepayments and accrued income -
Creditors: amounts falling due within one year (8,167)
Net current assets (liabilities) (1,947)
Total assets less current liabilities 1,713
Creditors: amounts falling due after more than one year 0
Provisions for liabilities 0
Accruals and deferred income 0
Total net assets (liabilities) 1,713
Capital and reserves
Called up share capital 3 2
Share premium account 0
Revaluation reserve 0
Other reserves 0
Profit and loss account 1,711
Shareholders' funds 1,713
  • For the year ending 31 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 10 October 2014

And signed on their behalf by:
Ms N Little, Director

WE ARE SPARKLE LIMITED Registered Number 08464412

Notes to the Abbreviated Accounts for the period ended 31 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 represents gross invoiced sales of goods and services

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

Plant and machinery - 20% on reducing balance, 15% on reducing balance and 10% on reducing balance

2Tangible fixed assets
£
Cost
Additions 3,789
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2014 3,789
Depreciation
Charge for the year 129
On disposals 0
At 31 March 2014 129
Net book values
At 31 March 2014 3,660
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
1A Ordinary share of £1 each 1
1B Ordinary shares of £1 each 1