Abbreviated Company Accounts - SHADES AND CHARACTERS LIMITED

Abbreviated Company Accounts - SHADES AND CHARACTERS LIMITED

SHADES AND CHARACTERS LIMITED - Company Information

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Registered Number 02195046

SHADES AND CHARACTERS LIMITED

Abbreviated Accounts

31 March 2016

SHADES AND CHARACTERS LIMITED Registered Number 02195046

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 1,325 1,857
1,325 1,857
Current assets
Stocks - -
Debtors 7,292 744
Investments 9,350 9,350
Cash at bank and in hand 35,657 30,997
52,299 41,091
Prepayments and accrued income - -
Creditors: amounts falling due within one year (6,679) (7,593)
Net current assets (liabilities) 45,620 33,498
Total assets less current liabilities 46,945 35,355
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 46,945 35,355
Capital and reserves
Called up share capital 5,000 5,000
Profit and loss account 41,945 30,355
Shareholders' funds 46,945 35,355
  • For the year ending 31 March 2016 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 29 December 2016

And signed on their behalf by:
Alister Sieghart, Director

SHADES AND CHARACTERS LIMITED Registered Number 02195046

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 the invoiced value of goods and services supplied by the company, net of Value
Added Tax and trade discounts.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their
estimated useful lives
Plant and machinery - straight line 25%
Fixtures and fittings - straight line 20%

2Tangible fixed assets
£
Cost
At 1 April 2015 27,362
Additions 985
Disposals -
Revaluations -
Transfers -
At 31 March 2016 28,347
Depreciation
At 1 April 2015 25,505
Charge for the year 1,517
On disposals -
At 31 March 2016 27,022
Net book values
At 31 March 2016 1,325
At 31 March 2015 1,857