Abbreviated Company Accounts - NATURALLY IQ LIMITED

NATURALLY IQ LIMITED - Company Information

07595524 NATURALLY IQ LIMITED 2015-04-30 false 2014-05-01 2015-04-30 true 07595524 2014-05-01 2015-04-30 07595524 2015-04-30 07595524 2014-04-30 07595524 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 07595524 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP shares

Registered Number 07595524

NATURALLY IQ LIMITED

Abbreviated Accounts

30 April 2015

NATURALLY IQ LIMITED Registered Number 07595524

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	281	855
		281	855
Current assets
Debtors		6,366	2,712
Cash at bank and in hand		38,099	27,661
		44,465	30,373
Creditors: amounts falling due within one year		(41,061)	(30,026)
Net current assets (liabilities)		3,404	347
Total assets less current liabilities		3,685	1,202
Total net assets (liabilities)		3,685	1,202
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		3,585	1,102
Shareholders' funds		3,685	1,202

For the year ending 30 April 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 3 July 2015

And signed on their behalf by:
P Ginsberg, Director

NATURALLY IQ LIMITED Registered Number 07595524

Notes to the Abbreviated Accounts for the period ended 30 April 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
Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business.

Tangible assets depreciation policy
Fixed assets are shown at historical cost.
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & fittings Straight line 25%
Equipment Straight line 33%

2Tangible fixed assets

	£
Cost
At 1 May 2014	2,272
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	2,272
Depreciation
At 1 May 2014	1,417
Charge for the year	574
On disposals	-
At 30 April 2015	1,991
Net book values
At 30 April 2015	281
At 30 April 2014	855

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100