Abbreviated Company Accounts - A & M FILIPINO ORIENTAL SHOP LTD

Abbreviated Company Accounts - A & M FILIPINO ORIENTAL SHOP LTD


Registered Number 08436915

A & M FILIPINO ORIENTAL SHOP LTD

Abbreviated Accounts

31 March 2014

A & M FILIPINO ORIENTAL SHOP LTD Registered Number 08436915

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014
£
Fixed assets
Tangible assets 2 1,200
1,200
Current assets
Stocks 575
Debtors 790
Cash at bank and in hand 235
1,600
Creditors: amounts falling due within one year (5,084)
Net current assets (liabilities) (3,484)
Total assets less current liabilities (2,284)
Total net assets (liabilities) (2,284)
Capital and reserves
Called up share capital 3 100
Profit and loss account (2,384)
Shareholders' funds (2,284)
  • 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 2 December 2014

And signed on their behalf by:
Ronald Maraon, Director

A & M FILIPINO ORIENTAL SHOP LTD Registered Number 08436915

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 the value of sales by the company, net of value added tax.

Tangible assets depreciation policy
Furniture, fixtures and equipment 20% on reducing balance

2Tangible fixed assets
£
Cost
Additions 1,500
Disposals -
Revaluations -
Transfers -
At 31 March 2014 1,500
Depreciation
Charge for the year 300
On disposals -
At 31 March 2014 300
Net book values
At 31 March 2014 1,200
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
100Ordinary shares of £1 each 100