Abbreviated Company Accounts - YELLOWVALE LTD
Abbreviated Company Accounts - YELLOWVALE LTD
Registered Number 04955333
YELLOWVALE LTD
Abbreviated Accounts
30 November 2014
YELLOWVALE LTD Registered Number 04955333
Abbreviated Balance Sheet as at 30 November 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 30 November 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
And signed on their behalf by:
YELLOWVALE LTD Registered Number 04955333
Notes to the Abbreviated Accounts for the period ended 30 November 2014
1Accounting Policies
Basis of measurement and preparation of accounts
modified by the revaluation of certain fixed assets and in accordance with
the Financial Reporting Standard for Smaller Entities (effective April 2008)
Turnover policy
business from outside customers, for services provided and any goods supplied,
excluding VAT. The turnover and operating costs are attributable to the principal
activity of the business being that of a Turkish cuisine Restaurant.
Tangible assets depreciation policy
on the reducing balance method and aims to write down cost less estimated residual
value of all tangible fixed assets over their expected useful lives The rates are as
follows:-
Fixture, Fittings & Equipment 15%
Other accounting policies
after making due allowance for obsolete and slow-moving stocks. Cost includes all
direct costs and an appropriate proportion of fixed and variable overheads.
£ | |
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Cost | |
At 1 December 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 November 2014 |
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Depreciation | |
At 1 December 2013 |
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Charge for the year |
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On disposals |
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At 30 November 2014 |
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Net book values | |
At 30 November 2014 | 155,521 |
At 30 November 2013 | 169,309 |