Yellow Dot (North Baddesley) Limited

Abbreviated Unaudited Accounts

for the Year Ended

31 August 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs J E Dyke

T J Dyke

SECRETARY:

T J Dyke

REGISTERED OFFICE:

91 Lakewood Road

Chandlers Ford

Eastleigh

Hampshire

SO53 5AD

REGISTERED NUMBER:

05468820

ACCOUNTANTS:

David Tilsley Limited

91 Lakewood Road

Chandlers Ford

Eastleigh

Hampshire

SO53 5AD

FIXED ASSETS

Tangible assets

2

220,928

37,464

CURRENT ASSETS

Debtors

231,923

368,978

Cash at bank and in hand

24,478

29,897

256,401

398,875

CREDITORS

Amounts falling due within one year

43,008

49,027

NET CURRENT ASSETS

213,393

349,848

TOTAL ASSETS LESS CURRENT
LIABILITIES

434,321

387,312

PROVISIONS FOR LIABILITIES

1,396

-

NET ASSETS

432,925

387,312

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

432,825

387,212

SHAREHOLDERS' FUNDS

432,925

387,312

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 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 5 February 2015 and were signed on its behalf by:

Mrs J E Dyke - Director

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).

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related Party

Disclosures, not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents net invoiced fees, excluding value added tax.

Tangible fixed assets

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

Land and buildings

-

Straight line over 20 year lease

Plant and machinery etc

-

33% on cost and 25% on cost

Deferred tax

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

sheet date.

Pension costs

The company makes contributions to the directors personal pension schemes.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

88,766

Additions

212,984

Disposals

(588

)

At 31 August 2014

301,162

DEPRECIATION

At 1 September 2013

51,302

Charge for year

29,520

Eliminated on disposal

(588

)

At 31 August 2014

80,234

NET BOOK VALUE

At 31 August 2014

220,928

At 31 August 2013

37,464

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.14

31.8.13

value:

£

100

Ordinary

£1

100

4.	ULTIMATE PARENT COMPANY

Yellow Dot Group Ltd is regarded by the directors as being the company's ultimate parent company.

The company is a wholly owned subsidiary of Yellow Dot Group Limited, a company wholly owned by the

directors.

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2014 and

31 August 2013:

31.8.14

31.8.13

£

Mrs J E Dyke

Balance outstanding at start of year

-

Amounts advanced

200,000

-

Amounts repaid

(200,000

)

-

Balance outstanding at end of year

-

During the year Mrs J E Dyke, a director of the company, loaned the company £200,000 on a short term basis.

Whilst the loan was in place the company paid interest of 4% to Mrs J E Dyke..

Yellow Dot (North Baddesley) Limited - Limited company - abbreviated - 11.6

Yellow Dot (North Baddesley) Limited - Limited company - abbreviated - 11.6