Registered Number 07278667

SHELLEY SUPPLIES LTD

Abbreviated Accounts

31 May 2014

SHELLEY SUPPLIES LTD Registered Number 07278667

Abbreviated Balance Sheet as at 31 May 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 3,461 354
3,461 354
Current assets
Debtors 5,338 18,553
Cash at bank and in hand 8,904 6,833
14,242 25,386
Creditors: amounts falling due within one year (12,742) (21,216)
Net current assets (liabilities) 1,500 4,170
Total assets less current liabilities 4,961 4,524
Total net assets (liabilities) 4,961 4,524
Capital and reserves
Called up share capital 100 100
Profit and loss account 4,861 4,424
Shareholders' funds 4,961 4,524
  • For the year ending 31 May 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 21 October 2014

And signed on their behalf by:
CHRISTOPHER JEWELL, Director

SHELLEY SUPPLIES LTD Registered Number 07278667

Notes to the Abbreviated Accounts for the period ended 31 May 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 comprises the invoiced value of goods and services supplied by the company, net of VAT and trade discounts

2Tangible fixed assets
£
Cost
At 1 June 2013 708
Additions 4,379
Disposals -
Revaluations -
Transfers -
At 31 May 2014 5,087
Depreciation
At 1 June 2013 354
Charge for the year 1,272
On disposals -
At 31 May 2014 1,626
Net book values
At 31 May 2014 3,461
At 31 May 2013 354