Company Registration No. 06510349 (England and Wales)
& BUTTONS LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2013
& BUTTONS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
& BUTTONS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
29 FEBRUARY 2013
- 1 -
2013
2012
Notes
£
£
£
£
Fixed assets
Tangible assets
2
6,587 
8,038 
Current assets
Stocks
30,668 
41,920 
Debtors
1,834 
1,961 
Cash at bank and in hand
28,350 
21,750 
60,852 
65,631 
Creditors: amounts falling due within one year
(48,566)
(45,178)
Net current assets
12,286 
20,453 
Total assets less current liabilities
18,873 
28,491 
Capital and reserves
Called up share capital
3
100 
100 
Profit and loss account
18,773 
28,391 
Shareholders' funds
18,873 
28,491 
For the financial year ended 28 February 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges her 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 20 September 2013
E S Bennett
Director
Company Registration No. 06510349
& BUTTONS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2013
1
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
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
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
33% per annum on cost
Fixtures, plant and equipment
15% per annum on net book value
1.4
Stock
Stock is valued at the lower of cost and net realisable value.
1.5
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes.
2
Fixed assets
Tangible assets
£
Cost
At 1 March 2012 and at 28 February 2013
17,524 
Depreciation
At 1 March 2012
9,486 
Charge for the year
1,451 
At 28 February 2013
10,937 
Net book value
At 28 February 2013
6,587 
At 29 February 2012
8,038 
3
Share capital
2013
2012
£
£
Allotted, called up and fully paid
100 Ordinary Shares of £1 each
100 
100 
truefalsetruefalsetruetrue2012-03-012013-02-28tmp76EC.html2013-10-15065103492012-03-012013-02-28065103492013-02-28065103492012-02-29065103492012-02-2906510349uk-bus:AllEntityOfficers2012-03-012013-02-2806510349uk-gaap:ComputerEquipment2012-03-012013-02-2806510349uk-gaap:FixturesFittingsToolsEquipment2012-03-012013-02-2806510349uk-bus:OrdinaryShareClass12012-03-012013-02-2806510349uk-bus:OrdinaryShareClass12013-02-2806510349uk-bus:OrdinaryShareClass12012-02-2906510349uk-curr:PoundSterling2012-03-012013-02-28xbrli:purexbrli:sharesiso4217:GBP

Options

Monitor

  • Receive an alert email on changes to financial status
  • Early indications of liquidity problems
  • Warns when company reporting is overdue
  • Free service, no spam emails
Monitor Now

Please Help Us!

Was this document useful to you? Please Like our page. The more Likes we get, the more documents we can supply you free. Thanks.