Abbreviated Company Accounts - VIOLA PEARL LIMITED

VIOLA PEARL LIMITED - Company Information

08061775 VIOLA PEARL LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 08061775 2013-06-01 2014-05-31 08061775 2014-05-31 08061775 2013-05-31 08061775 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 08061775 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:Director3 2013-06-01 2014-05-31 uk-gaap-cd-bus:Director3 2014-05-31 uk-gaap-cd-bus:Director3 2013-05-31 iso4217:GBP shares

Registered Number 08061775

VIOLA PEARL LIMITED

Abbreviated Accounts

31 May 2014

VIOLA PEARL LIMITED Registered Number 08061775

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	889	1,125
		889	1,125
Current assets
Debtors		13,260	17,160
Cash at bank and in hand		157,333	91,908
		170,593	109,068
Creditors: amounts falling due within one year		(34,319)	(39,228)
Net current assets (liabilities)		136,274	69,840
Total assets less current liabilities		137,163	70,965
Total net assets (liabilities)		137,163	70,965
Capital and reserves
Called up share capital		100	100
Profit and loss account		137,063	70,865
Shareholders' funds		137,163	70,965

For the year ending 31 May 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 14 September 2014

And signed on their behalf by:
M C Edge, Director

VIOLA PEARL LIMITED Registered Number 08061775

Notes to the Abbreviated Accounts for the period ended 31 May 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 net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant & Machinery - 25% on cost

2Tangible fixed assets

	£
Cost
At 1 June 2013	1,500
Additions	186
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	1,686
Depreciation
At 1 June 2013	375
Charge for the year	422
On disposals	-
At 31 May 2014	797
Net book values
At 31 May 2014	889
At 31 May 2013	1,125

3Transactions with directors

Name of director receiving advance or credit:	M C Edge
Description of the transaction:	Directors Advances, Credits and Guarantees
Balance at 1 June 2013:	£ 5,006
Advances or credits made:	£ 45,080
Advances or credits repaid:	£ 49,801
Balance at 31 May 2014:	£ 285