Sally Yonge Interiors Limited - Limited company - abbreviated - 11.6

Sally Yonge Interiors Limited - Limited company - abbreviated - 11.6

SALLY YONGE INTERIORS LIMITED - Company Information

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REGISTERED NUMBER: 04832679 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

SALLY YONGE INTERIORS LIMITED

SALLY YONGE INTERIORS LIMITED (REGISTERED NUMBER: 04832679)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Report of the Accountants 6

SALLY YONGE INTERIORS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2014







DIRECTORS: Ms S A Yonge
Ms C Hadley





SECRETARY: Ms C Hadley





REGISTERED OFFICE:
85C Huntingdon Street
St Neots
Cambridgeshire
PE19 1DU





REGISTERED NUMBER: 04832679 (England and Wales)





ACCOUNTANTS: GRH Accountancy Limited
85C Huntingdon Street
St Neots
Cambridgeshire
PE19 1DU
Page 1
SALLY YONGE INTERIORS LIMITED (REGISTERED NUMBER: 04832679)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - -
Tangible assets 3 18,163 3,997
18,163 3,997

CURRENT ASSETS
Stocks 950 950
Debtors 9,636 30,431
Cash at bank 51,372 33,874
61,958 65,255
CREDITORS
Amounts falling due within one
year
49,150
60,912
NET CURRENT ASSETS 12,808 4,343
TOTAL ASSETS LESS CURRENT
LIABILITIES
30,971
8,340

CREDITORS
Amounts falling due after more
than one year
17,003
-
NET ASSETS 13,968 8,340

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 13,868 8,240
SHAREHOLDERS' FUNDS 13,968 8,340

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with
Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state
of affairs of the company as at the end of each financial year and of its
profit or loss for each financial year in accordance with the requirements
of Sections 394 and 395 and which otherwise comply with the requirements of
the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The notes form part of these abbreviated accounts

Page 2 continued...
SALLY YONGE INTERIORS LIMITED (REGISTERED NUMBER: 04832679)

ABBREVIATED BALANCE SHEET - continued
31 DECEMBER 2014


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on
23 March 2015 and were signed on its behalf by:





Ms S A Yonge - Director


The notes form part of these abbreviated accounts

Page 3
SALLY YONGE INTERIORS LIMITED (REGISTERED NUMBER: 04832679)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost
convention and in accordance with the Financial Reporting Standard for
Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after
making due allowance for obsolete and slow moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have
originated but not reversed at the balance sheet date.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2014
and 31 December 2014 30,500
AMORTISATION
At 1 January 2014
and 31 December 2014 30,500
NET BOOK VALUE

At 31 December 2014 -
At 31 December 2013 -

Page 4 continued...
SALLY YONGE INTERIORS LIMITED (REGISTERED NUMBER: 04832679)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2014 20,155
Additions 20,635
At 31 December 2014 40,790
DEPRECIATION
At 1 January 2014 16,158
Charge for year 6,469
At 31 December 2014 22,627
NET BOOK VALUE
At 31 December 2014 18,163
At 31 December 2013 3,997

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1 100 100

Page 5
SALLY YONGE INTERIORS LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
SALLY YONGE INTERIORS LIMITED

The following reproduces the text of the report prepared for the directors in
respect of the company's annual unaudited financial statements, from which the
unaudited abbreviated accounts (set out on pages two to five) have been
prepared.

As described on the balance sheet you are responsible for the preparation of the
financial statements for the year ended 31 December 2014 set out on pages three
to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial
statements in order to assist you to fulfil your statutory responsibilities,
from the accounting records and information and explanations supplied to us.






GRH Accountancy Limited
85C Huntingdon Street
St Neots
Cambridgeshire
PE19 1DU


23 March 2015

This page does not form part of the abbreviated accounts

Page 6