Abbreviated Company Accounts - TERRARIUM UK LTD

Registered Number 08646969

TERRARIUM UK LTD

Abbreviated Accounts

31 January 2015

TERRARIUM UK LTD Registered Number 08646969

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015
		£
Fixed assets
Intangible assets	2	12,118
Tangible assets	3	2,026
		14,144
Current assets
Stocks		35,838
Debtors		1,810
Cash at bank and in hand		14,850
		52,498
Creditors: amounts falling due within one year	4	(42,841)
Net current assets (liabilities)		9,657
Total assets less current liabilities		23,801
Creditors: amounts falling due after more than one year	4	(87,975)
Total net assets (liabilities)		(64,174)
Capital and reserves
Called up share capital		100
Profit and loss account		(64,274)
Shareholders' funds		(64,174)

For the year ending 31 January 2015 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 12 May 2015

And signed on their behalf by:
Mrs L Serafi, Director

TERRARIUM UK LTD Registered Number 08646969

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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 period, exclusive of Value Added tax.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.

Depreciation is calculated to write off the cost of an asset. less its estimated residual value, over the useful economic life as that asset as follows:
Equipment - over 4 years

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

Website - over 5 years

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

2Intangible fixed assets

	£
Cost
Additions	15,118
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	15,118
Amortisation
Charge for the year	3,000
On disposals	-
At 31 January 2015	3,000
Net book values
At 31 January 2015	12,118

3Tangible fixed assets

	£
Cost
Additions	2,515
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	2,515
Depreciation
Charge for the year	489
On disposals	-
At 31 January 2015	489
Net book values
At 31 January 2015	2,026

4Creditors

	2015 £
Secured Debts	4,500