ShawCann Limited - Dormant company accounts 11.6

REGISTERED NUMBER: 05700506 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2014

for

ShawCann Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I C Shaw

Mrs F L Shaw

REGISTERED OFFICE:

12 Ayam Close

Welton

Lincoln

Lincolnshire

LN2 3QG

REGISTERED NUMBER:

05700506 (England and Wales)

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

2,955

CURRENT ASSETS

Cash at bank

237

CREDITORS

Amounts falling due within one year

1,085

NET CURRENT LIABILITIES

(848

)

(848

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,107

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

2,007

SHAREHOLDERS' FUNDS

2,107

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of each financial year and of its profit or loss for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with
the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22 December 2014 and were
signed on its behalf by:

I C Shaw - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company was dormant throughout the year ended 31 March 2014. However, reference to

information relating to the year ended 31 March 2013 has been made where appropriate.

Turnover

Turnover represents trading income accrued during the period shown by these financial

statements.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

8,000

AMORTISATION

At 1 April 2013

and 31 March 2014

8,000

NET BOOK VALUE

At 31 March 2014

-

At 31 March 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

8,577

DEPRECIATION

At 1 April 2013

and 31 March 2014

5,622

NET BOOK VALUE

At 31 March 2014

2,955

At 31 March 2013

2,955

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

100

Ordinary

1.00

100