Abbreviated Company Accounts - KAREN MANSFIELD LIMITED

KAREN MANSFIELD LIMITED - Company Information

06102478 KAREN MANSFIELD LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 06102478 2013-04-01 2014-03-31 06102478 2014-03-31 06102478 2013-03-31 06102478 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 06102478 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 uk-gaap-cd-bus:PreferenceShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:PreferenceShareClass1 2014-03-31 uk-gaap-cd-bus:PreferenceShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 06102478

KAREN MANSFIELD LIMITED

Abbreviated Accounts

31 March 2014

KAREN MANSFIELD LIMITED Registered Number 06102478

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	484	645
		484	645
Current assets
Stocks		5,986	3,328
Debtors		2,585	5,073
Cash at bank and in hand		901	1,383
		9,472	9,784
Creditors: amounts falling due within one year		(6,400)	(4,353)
Net current assets (liabilities)		3,072	5,431
Total assets less current liabilities		3,556	6,076
Total net assets (liabilities)		3,556	6,076
Capital and reserves
Called up share capital	3	10,100	10,100
Profit and loss account		(6,544)	(4,024)
Shareholders' funds		3,556	6,076

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 24 December 2014

And signed on their behalf by:
Mrs K Mansfield, Director

KAREN MANSFIELD LIMITED Registered Number 06102478

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
The turnover represents the gross value of the sales generated during the year

Tangible assets depreciation policy
Depreciation is provided at the rate of 25% of the cost or written down value brought forward to ensure that the asset is written off over the expected useful life.

Valuation information and policy
The stock is valued at retail price less the expected profit.

2Tangible fixed assets

	£
Cost
At 1 April 2013	2,721
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	2,721
Depreciation
At 1 April 2013	2,076
Charge for the year	161
On disposals	-
At 31 March 2014	2,237
Net book values
At 31 March 2014	484
At 31 March 2013	645

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100
10,000 Preference shares of £1 each	10,000	10,000