Abbreviated Company Accounts - ISHADA LIMITED

Abbreviated Company Accounts - ISHADA LIMITED


Registered Number 08482697

ISHADA LIMITED

Abbreviated Accounts

31 March 2014

ISHADA LIMITED Registered Number 08482697

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014
£
Fixed assets
Intangible assets 2 536,750
536,750
Current assets
Debtors 169,240
Cash at bank and in hand 100
169,340
Creditors: amounts falling due within one year (161,453)
Net current assets (liabilities) 7,887
Total assets less current liabilities 544,637
Creditors: amounts falling due after more than one year (350,000)
Total net assets (liabilities) 194,637
Capital and reserves
Called up share capital 3 100
Profit and loss account 194,537
Shareholders' funds 194,637
  • 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:
Jason Selig, Director

ISHADA LIMITED Registered Number 08482697

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 amounts receivable for goods and services net of VAT and trade discounts

Intangible assets amortisation policy
Goodwill acquired is written off in equal annual instalments over its useful economic life - the estimated useful life of the goodwill acquired is 20 years.

2Intangible fixed assets
£
Cost
Additions 565,000
Disposals -
Revaluations -
Transfers -
At 31 March 2014 565,000
Amortisation
Charge for the year 28,250
On disposals -
At 31 March 2014 28,250
Net book values
At 31 March 2014 536,750
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
51A Ordinary shares of £1 each 51
49B Ordinary shares of £1 each 49