Abbreviated Company Accounts - SUN EXOTIC WHOLESALE LTD

SUN EXOTIC WHOLESALE LTD - Company Information

08818144 SUN EXOTIC WHOLESALE LTD 2014-12-31 false 2013-12-17 2014-12-31 true 08818144 2013-12-17 2014-12-31 08818144 2014-12-31 08818144 uk-gaap-cd-bus:Director1 2013-12-17 2014-12-31 08818144 uk-gaap-cd-bus:Director2 2013-12-17 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-17 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 08818144

SUN EXOTIC WHOLESALE LTD

Abbreviated Accounts

31 December 2014

SUN EXOTIC WHOLESALE LTD Registered Number 08818144

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	5,850
		5,850
Current assets
Stocks		4,655
Debtors		254
Cash at bank and in hand		28,222
		33,131
Creditors: amounts falling due within one year		(24,389)
Net current assets (liabilities)		8,742
Total assets less current liabilities		14,592
Total net assets (liabilities)		14,592
Capital and reserves
Called up share capital	3	1
Profit and loss account		14,591
Shareholders' funds		14,592

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 27 August 2015

And signed on their behalf by:
Nihat Ender, Director

SUN EXOTIC WHOLESALE LTD Registered Number 08818144

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
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixture & Fitting Straight Line 10%

Valuation information and policy
Stocks and work -in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets

	£
Cost
Additions	6,500
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	6,500
Depreciation
Charge for the year	650
On disposals	-
At 31 December 2014	650
Net book values
At 31 December 2014	5,850

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

	2014 £
1 Ordinary shares of £1 each	1