Abbreviated Company Accounts - SERENITY HAIR DESIGNS LIMITED
Abbreviated Company Accounts - SERENITY HAIR DESIGNS LIMITED
Registered Number 07484409
SERENITY HAIR DESIGNS LIMITED
Abbreviated Accounts
31 July 2015
SERENITY HAIR DESIGNS LIMITED Registered Number 07484409
Abbreviated Balance Sheet as at 31 July 2015
Notes | 31/07/2015 | 31/01/2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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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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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
For the year ending 31 July 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
And signed on their behalf by:
SERENITY HAIR DESIGNS LIMITED Registered Number 07484409
Notes to the Abbreviated Accounts for the period ended 31 July 2015
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Fixtures, fittings and equipment - 15% reducing balance
Other accounting policies
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Stock
Stock is valued at the lower of cost and net realisable value.
Deferred taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred taxation is measured on a non-discounted basis at the average tax rates that would apply when the timing differences are expected to reverse, based on tax rates and laws that have been enacted by the balance sheet date.
The company ceased to trade on 10 February 2015 and accounts have been prepared accordingly.
£ | |
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Cost | |
At 1 February 2015 |
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Additions |
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Disposals |
( |
Revaluations |
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Transfers |
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At 31 July 2015 |
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Depreciation | |
At 1 February 2015 |
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Charge for the year |
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On disposals |
( |
At 31 July 2015 |
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Net book values | |
At 31 July 2015 | 11,762 |
At 31 January 2015 | 16,995 |