Abbreviated Company Accounts - BABY ELEPHANTS LIMITED

BABY ELEPHANTS LIMITED - Company Information

05509971 BABY ELEPHANTS LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 05509971 2014-01-01 2014-12-31 05509971 2014-12-31 05509971 2013-12-31 05509971 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 05509971 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 05509971

BABY ELEPHANTS LIMITED

Abbreviated Accounts

31 December 2014

BABY ELEPHANTS LIMITED Registered Number 05509971

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	17,031	-
		17,031	-
Current assets
Cash at bank and in hand		826	-
		826	-
Creditors: amounts falling due within one year	3	(7,798)	(9,159)
Net current assets (liabilities)		(6,972)	(9,159)
Total assets less current liabilities		10,059	(9,159)
Creditors: amounts falling due after more than one year	3	(10,698)	(1,065)
Total net assets (liabilities)		(639)	(10,224)
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		(641)	(10,226)
Shareholders' funds		(639)	(10,224)

For the year ending 31 December 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 18 February 2015

And signed on their behalf by:
Yolandie Jacob David, Director

BABY ELEPHANTS LIMITED Registered Number 05509971

Notes to the Abbreviated Accounts for the period ended 31 December 2014

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 represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Fixtures, fittings and equipment - 25% straight line Motor vehicles - 25% straight line

Other accounting policies
The director acknowledges the responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the financial year in accordance with the requirement of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.
________________________________________

2Tangible fixed assets

	£
Cost
At 1 January 2014	68,768
Additions	17,641
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	86,409
Depreciation
At 1 January 2014	68,768
Charge for the year	610
On disposals	-
At 31 December 2014	69,378
Net book values
At 31 December 2014	17,031
At 31 December 2013	0

3Creditors

	2014 £	2013 £
Secured Debts	15,973	9,159

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 A Ordinary shares of £1 each	2	2