HONEYJAM_LIMITED - Accounts

HONEYJAM LIMITED - Company Information

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Company Registration No. 05775368 (England and Wales)

HONEYJAM LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2014

HONEYJAM LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

HONEYJAM LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2014

- 1 -

2014

2013

Notes

Fixed assets

Tangible assets

1,936

2,844

Current assets

Stocks

15,000

16,121

Debtors

116

Cash at bank and in hand

2,764

7,048

17,880

23,236

Creditors: amounts falling due within one year

(125,746)

(132,961)

Net current liabilities

(107,866)

(109,725)

Total assets less current liabilities

(105,930)

(106,881)

Creditors: amounts falling due after more than one year

(10,000)

(115,930)

(116,881)

Capital and reserves

Called up share capital

95,600

Profit and loss account

(211,530)

(212,481)

Shareholders' funds

(115,930)

(116,881)

For the financial year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 30 December 2014

Mrs HH Ross

Director

Company Registration No. 05775368

HONEYJAM LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods net of VAT and trade discounts. Turnover is recognised when the goods are supplied to the customer.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

1/3 straight line method

Fixtures, fittings & equipment

20% reducing balance method

Fixed assets

Tangible assets

Cost

At 1 April 2013 & at 31 March 2014

12,783

Depreciation

At 1 April 2013

9,939

Charge for the year

908

At 31 March 2014

10,847

Net book value

At 31 March 2014

1,936

At 31 March 2013

2,844

Share capital

2014

2013

Allotted, called up and fully paid

1,000 Ordinary of £1 each

1,000

94,600 "A" Ordinary of £1 each

94,600

95,600