Doananda Limited - Period Ending 2014-10-31

Registration number: 07813747

Doananda Limited

trading as Breathe Health and Fitness

Unaudited Abbreviated Accounts

for the Year Ended 31 October 2014
 

Clever Accounts Limited
Carrwood Park
Selby Road
Leeds
West Yorkshire
LS15 4LG

Doananda Limited
trading as Breathe Health and Fitness
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Doananda Limited
trading as Breathe Health and Fitness
(Registration number: 07813747)
Abbreviated Balance Sheet at 31 October 2014

		Note			2014 £			2013 £
Fixed assets
Intangible fixed assets					10,099			11,508
Tangible fixed assets					4,049			4,471
					14,148			15,979
Current assets
Cash at bank and in hand					2,770			3,200
Creditors: Amounts falling due within one year					(16,839)			(18,284)
Net current liabilities					(14,069)			(15,084)
Net assets					79			895
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					77			893
Shareholders' funds					79			895

For the year ending 31 October 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 13 April 2015 and signed on its behalf by:

dl.signhere.2
.........................................
Mrs Oriana Parnwell
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Doananda Limited
trading as Breathe Health and Fitness
Notes to the Abbreviated Accounts for the Year Ended 31 October 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Goodwill

Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Amortisation

Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Amortisation method and rate
Goodwill	Over 10 years

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Leasehold Property	2% straight line
Fixtures & Fittings	15% reducing balance

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 2

Doananda Limited
trading as Breathe Health and Fitness
Notes to the Abbreviated Accounts for the Year Ended 31 October 2014
......... continued

2	Fixed assets

		Intangible assets £			Tangible assets £			Total £
Cost
At 1 November 2013		14,091			5,368			19,459
At 31 October 2014		14,091			5,368			19,459
Depreciation
At 1 November 2013		2,583			897			3,480
Charge for the year		1,409			422			1,831
At 31 October 2014		3,992			1,319			5,311
Net book value
At 31 October 2014		10,099			4,049			14,148
At 31 October 2013		11,508			4,471			15,979

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary shares of £1 each		2			2			2			2

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