Abbreviated Company Accounts - START YOUR OWN BUSINESS LIMITED

START YOUR OWN BUSINESS LIMITED - Company Information

05426374 START YOUR OWN BUSINESS LIMITED 2015-04-30 false 2014-05-01 2015-04-30 true 05426374 2014-05-01 2015-04-30 05426374 2015-04-30 05426374 2014-04-30 05426374 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 05426374 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP shares

Registered Number 05426374

START YOUR OWN BUSINESS LIMITED

Abbreviated Accounts

30 April 2015

START YOUR OWN BUSINESS LIMITED Registered Number 05426374

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	392	523
		392	523
Current assets
Debtors		24,707	24,752
Cash at bank and in hand		3,216	1,043
		27,923	25,795
Creditors: amounts falling due within one year	3	(12,822)	(11,472)
Net current assets (liabilities)		15,101	14,323
Total assets less current liabilities		15,493	14,846
Creditors: amounts falling due after more than one year	3	(316)	(2,386)
Total net assets (liabilities)		15,177	12,460
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		15,077	12,360
Shareholders' funds		15,177	12,460

For the year ending 30 April 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 22 January 2016

And signed on their behalf by:
A Pringle, Director

START YOUR OWN BUSINESS LIMITED Registered Number 05426374

Notes to the Abbreviated Accounts for the period ended 30 April 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 comprises the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets, are stated at cost less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets over their expected useful lives on the following basis:-

Fixtures and fittings : 25% reducing balance

Other accounting policies
Deferred taxation
Deferred taxation arises when items are charged or credited in accounts in different periods to those in which they are included in the company's tax computations.

Deferred tax is calculated at the rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

2Tangible fixed assets

	£
Cost
At 1 May 2014	3,793
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	3,793
Depreciation
At 1 May 2014	3,270
Charge for the year	131
On disposals	-
At 30 April 2015	3,401
Net book values
At 30 April 2015	392
At 30 April 2014	523

3Creditors

	2015 £	2014 £
Secured Debts	2,386	4,456

4Called Up Share Capital
Allotted, called up and fully paid:

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