Company Registration No. 05529536 (England and Wales)
SLEEPBREEZE LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2014
SLEEPBREEZE LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
SLEEPBREEZE LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 AUGUST 2014
31 August 2014
- 1 -
2014
2013
Notes
£
£
£
£
Current assets
Stocks
7,300
7,300
Debtors
780
780
Cash at bank and in hand
772
864
8,852
8,944
Creditors: amounts falling due within one year
(1,234)
(1,234)
Total assets less current liabilities
7,618
7,710
Creditors: amounts falling due after more than one year
(59,821)
(59,821)
(52,203)
(52,111)
Capital and reserves
Called up share capital
2
1
1
Profit and loss account
(52,204)
(52,112)
Shareholders' funds
(52,203)
(52,111)
For the financial year ended 31 August 2014 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 his 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 May 2015
A C Buxton
Director
Company Registration No. 05529536
SLEEPBREEZE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2014
- 2 -
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
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 and services net of VAT and trade discounts. Sales are recognised at the date of invoice.
1.4
Stock
Stock is valued at the lower of cost and net realisable value.
1.5
Going Concern
The financial statements are prepared on the going concern basis dependent on the continued support of the directors and shareholders.
2
Share capital
2014
2013
£
£
Allotted, called up and fully paid
1 Ordinary shares of £1 each
1
1
3
Ultimate parent company
The ultimate controlling party is A C Buxton the director and sole shareholder.