Abbreviated Company Accounts - EAGLEYELLOW LTD

Registered Number 07503029

EAGLEYELLOW LTD

Abbreviated Accounts

31 January 2015

EAGLEYELLOW LTD Registered Number 07503029

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	42,774	-
Tangible assets	3	18,102	6,153
Investments		-	-
		60,876	6,153
Current assets
Stocks		15,500	4,650
Debtors		9,015	1,515
Investments		-	-
Cash at bank and in hand		11,385	23,461
		35,900	29,626
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(80,194)	(29,021)
Net current assets (liabilities)		(44,294)	605
Total assets less current liabilities		16,582	6,758
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		16,582	6,758
Capital and reserves
Called up share capital		1	1
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		16,581	6,757
Shareholders' funds		16,582	6,758

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 14 May 2015

And signed on their behalf by:
Ms E Kiomourtzi, Director

EAGLEYELLOW LTD Registered Number 07503029

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 year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures & Fittings - 25% Straight Line
Equipment - 25% Straight Line
Leasehold Improvements - 7 years

Intangible assets amortisation policy
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Goodwill - 10 Years

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

2Intangible fixed assets

	£
Cost
At 1 February 2014	0
Additions	47,527
Disposals	0
Revaluations	0
Transfers	0
At 31 January 2015	47,527
Amortisation
At 1 February 2014	0
Charge for the year	4,753
On disposals	-
At 31 January 2015	4,753
Net book values
At 31 January 2015	42,774
At 31 January 2014	0

3Tangible fixed assets

	£
Cost
At 1 February 2014	10,041
Additions	18,078
Disposals	0
Revaluations	0
Transfers	0
At 31 January 2015	28,119
Depreciation
At 1 February 2014	3,888
Charge for the year	6,129
On disposals	0
At 31 January 2015	10,017
Net book values
At 31 January 2015	18,102
At 31 January 2014	6,153