Abbreviated Company Accounts - IDYLL HOME LIMITED

IDYLL HOME LIMITED - Company Information

08580611 IDYLL HOME LIMITED 2014-06-30 false 2013-06-24 2014-06-30 true 08580611 2013-06-24 2014-06-30 08580611 2014-06-30 08580611 uk-gaap-cd-bus:Director1 2013-06-24 2014-06-30 08580611 uk-gaap-cd-bus:Director2 2013-06-24 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-24 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 08580611

IDYLL HOME LIMITED

Abbreviated Accounts

30 June 2014

IDYLL HOME LIMITED Registered Number 08580611

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014
		£
Fixed assets
Intangible assets	2	19,400
Tangible assets	3	2,297
		21,697
Current assets
Stocks		20,637
Debtors		8,384
Cash at bank and in hand		1,173
		30,194
Creditors: amounts falling due within one year		(49,235)
Net current assets (liabilities)		(19,041)
Total assets less current liabilities		2,656
Total net assets (liabilities)		2,656
Capital and reserves
Called up share capital	4	1
Profit and loss account		2,655
Shareholders' funds		2,656

For the year ending 30 June 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 4 March 2015

And signed on their behalf by:
C Krier, Director

IDYLL HOME LIMITED Registered Number 08580611

Notes to the Abbreviated Accounts for the period ended 30 June 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 represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

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

Fixtures Fittings & Equipment - 25% Reducing Balance

Intangible assets amortisation policy
Acquired Goodwill is written off in equal annual instalments over its estimated useful economic life of 5 years.

2Intangible fixed assets

	£
Cost
Additions	24,250
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	24,250
Amortisation
Charge for the year	4,850
On disposals	-
At 30 June 2014	4,850
Net book values
At 30 June 2014	19,400

3Tangible fixed assets

	£
Cost
Additions	3,058
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2014	3,058
Depreciation
Charge for the year	761
On disposals	-
At 30 June 2014	761
Net book values
At 30 June 2014	2,297

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £
1 Ordinary shares of £1 each	1