Abbreviated Company Accounts - JILL TRELOGGEN INTERIORS LIMITED

Abbreviated Company Accounts - JILL TRELOGGEN INTERIORS LIMITED

JILL TRELOGGEN INTERIORS LIMITED - Company Information

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Registered Number 05490934

JILL TRELOGGEN INTERIORS LIMITED

Abbreviated Accounts

30 June 2014

JILL TRELOGGEN INTERIORS LIMITED Registered Number 05490934

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 19,500 21,000
Tangible assets 3 1,916 -
21,416 21,000
Current assets
Stocks 22,045 25,500
Debtors 67,207 64,861
Cash at bank and in hand 171,543 151,730
260,795 242,091
Creditors: amounts falling due within one year (95,852) (109,327)
Net current assets (liabilities) 164,943 132,764
Total assets less current liabilities 186,359 153,764
Total net assets (liabilities) 186,359 153,764
Capital and reserves
Called up share capital 100 100
Profit and loss account 186,259 153,664
Shareholders' funds 186,359 153,764
  • 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 26 March 2015

And signed on their behalf by:
J Treloggen, Director

JILL TRELOGGEN INTERIORS LIMITED Registered Number 05490934

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 25% Straight line
Equipment - 25% Straight line

Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill - 5% straight line

2Intangible fixed assets
£
Cost
At 1 July 2013 30,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2014 30,000
Amortisation
At 1 July 2013 9,000
Charge for the year 1,500
On disposals -
At 30 June 2014 10,500
Net book values
At 30 June 2014 19,500
At 30 June 2013 21,000
3Tangible fixed assets
£
Cost
At 1 July 2013 87
Additions 2,395
Disposals -
Revaluations -
Transfers -
At 30 June 2014 2,482
Depreciation
At 1 July 2013 87
Charge for the year 479
On disposals -
At 30 June 2014 566
Net book values
At 30 June 2014 1,916
At 30 June 2013 0