Abbreviated Company Accounts - PRISCILLA'S TEA ROOM LTD

PRISCILLA'S TEA ROOM LTD - Company Information

Registered Number 08825064

PRISCILLA'S TEA ROOM LTD

Abbreviated Accounts

31 December 2014

PRISCILLA'S TEA ROOM LTD Registered Number 08825064

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	11,012
		11,012
Current assets
Debtors		42
Cash at bank and in hand		125
		167
Creditors: amounts falling due within one year		(1,981)
Net current assets (liabilities)		(1,814)
Total assets less current liabilities		9,198
Creditors: amounts falling due after more than one year		(15,862)
Total net assets (liabilities)		(6,664)
Capital and reserves
Called up share capital		1
Profit and loss account		(6,665)
Shareholders' funds		(6,664)

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 15 September 2015

And signed on their behalf by:
T A Ashton, Director

PRISCILLA'S TEA ROOM LTD Registered Number 08825064

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Leasehold
Fixtures, fittings & equipment 25% straight line

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

2Tangible fixed assets

	£
Cost
Additions	12,329
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	12,329
Depreciation
Charge for the year	1,317
On disposals	-
At 31 December 2014	1,317
Net book values
At 31 December 2014	11,012