Accounts filed on 31-12-2014

Accounts filed on 31-12-2014

RESTLESS BUDDHA LIMITED - Company Information

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2014-01-012014-12-3107941450falsetruehttp://www.companieshouse.gov.uk/cd:Director12014-01-012014-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-01-012014-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12013-12-31http://www.companieshouse.gov.uk/2013-01-012013-12-31http://www.companieshouse.gov.uk/2014-01-012014-12-31http://www.companieshouse.gov.uk/2013-12-31http://www.companieshouse.gov.uk/2014-12-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2014-01-012014-12-31http://www.companieshouse.gov.uk/2013-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07941450
Restless Buddha Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/12/2014
Prepared By:
DNS Associates
Pacific House
382 Kenton Road
Harrow
Middlesex
HA3 8DP

Restless Buddha Limited
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/12/2014
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 07941450

Restless Buddha Limited
Registered Number: 07941450
BALANCE SHEET AT 31/12/2014
20142013
Notes££
CURRENT ASSETS
Stock3,6383,638
Cash at bank and in hand2,5104,935
6,1488,573
CREDITORS: Amounts falling due within one year14,12313,534
NET CURRENT LIABILITIES(7,975)(4,961)
TOTAL ASSETS LESS CURRENT LIABILITIES(7,975)(4,961)
CAPITAL AND RESERVES
Called up share capital222
Profit and loss account(7,977)(4,963)
SHAREHOLDERS' FUNDS(7,975)(4,961)
For the year ending 31/12/2014 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 23/04/2015 and signed on their behalf by
Michelle Andrea YUE
Director

Restless Buddha Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2014
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.
1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. SHARE CAPITAL 20142013
££
Allotted, issued and fully paid:
2 Ordinary shares of £ each22
22