Abbreviated Company Accounts - VIPPIES LIMITED

07880539 VIPPIES LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 07880539 2014-04-01 2015-03-31 07880539 2015-03-31 07880539 2014-03-31 07880539 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07880539 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 07880539

VIPPIES LIMITED

Abbreviated Accounts

31 March 2015

VIPPIES LIMITED Registered Number 07880539

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	22,926	20,972
		22,926	20,972
Current assets
Debtors		23,833	11,472
Cash at bank and in hand		3,418	2,919
		27,251	14,391
Prepayments and accrued income		1,526	-
Creditors: amounts falling due within one year		(50,308)	(34,621)
Net current assets (liabilities)		(21,531)	(20,230)
Total assets less current liabilities		1,395	742
Provisions for liabilities		-	(136)
Total net assets (liabilities)		1,395	606
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		1,295	506
Shareholders' funds		1,395	606

For the year ending 31 March 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 18 December 2015

And signed on their behalf by:
Sheena Chapman, Director
Director, Director

VIPPIES LIMITED Registered Number 07880539

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 VAT 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:
Plant and machinery - 25% reducing balance
Motor vehicles - 25% reducing balance

Other accounting policies
Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more or a right to pay less or to receive more tax.

2Tangible fixed assets

	£
Cost
At 1 April 2014	29,392
Additions	25,330
Disposals	(20,980)
Revaluations	-
Transfers	-
At 31 March 2015	33,742
Depreciation
At 1 April 2014	8,420
Charge for the year	7,641
On disposals	(5,245)
At 31 March 2015	10,816
Net book values
At 31 March 2015	22,926
At 31 March 2014	20,972

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100