Abbreviated Company Accounts - WAFFLES MEDIA LTD

Registered Number 08181023

WAFFLES MEDIA LTD

Abbreviated Accounts

31 March 2014

WAFFLES MEDIA LTD Registered Number 08181023

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,456	1,500
		1,456	1,500
Current assets
Debtors		7,015	5,400
Cash at bank and in hand		10,509	3,698
		17,524	9,098
Creditors: amounts falling due within one year		(9,220)	(2,644)
Net current assets (liabilities)		8,304	6,454
Total assets less current liabilities		9,760	7,954
Total net assets (liabilities)		9,760	7,954
Capital and reserves
Called up share capital		100	100
Profit and loss account		9,660	7,854
Shareholders' funds		9,760	7,954

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 14 May 2014

And signed on their behalf by:
ADAM NELSON BEASLEY, Director

WAFFLES MEDIA LTD Registered Number 08181023

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 net invoiced sales excluding value added tax.

Tangible assets depreciation policy
Depreciation is charged so as to write off the full costs less estimated residual values over their expected useful lives at the following rate:
Equipment - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2013	2,000
Additions	442
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	2,442
Depreciation
At 1 April 2013	500
Charge for the year	486
On disposals	-
At 31 March 2014	986
Net book values
At 31 March 2014	1,456
At 31 March 2013	1,500