Abbreviated Company Accounts - VERNALIS GARDENS LTD

VERNALIS GARDENS LTD - Company Information

05576489 VERNALIS GARDENS LTD 2015-03-31 false 2014-04-01 2015-03-31 true 05576489 2014-04-01 2015-03-31 05576489 2015-03-31 05576489 2014-03-31 05576489 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 05576489 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director3 2015-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director4 2014-04-01 2015-03-31 uk-gaap-cd-bus:Director4 2015-03-31 uk-gaap-cd-bus:Director4 2014-03-31 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 05576489

VERNALIS GARDENS LTD

Abbreviated Accounts

31 March 2015

VERNALIS GARDENS LTD Registered Number 05576489

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	6,580	6,840
		6,580	6,840
Current assets
Debtors		24,837	13,760
Cash at bank and in hand		55	19,918
		24,892	33,678
Creditors: amounts falling due within one year		(28,785)	(40,455)
Net current assets (liabilities)		(3,893)	(6,777)
Total assets less current liabilities		2,687	63
Total net assets (liabilities)		2,687	63
Capital and reserves
Called up share capital	3	1,000	2
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		1,687	61
Shareholders' funds		2,687	63

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 26 January 2016

And signed on their behalf by:
V A Taylor-Barker, Director

VERNALIS GARDENS LTD Registered Number 05576489

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 value of goods and services provided, net of VAT.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost of each asset over its expected useful life, as follows:
Plant & machinery 25% reducing balance
Motor vehicles 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2014	41,957
Additions	-
Disposals	(21,408)
Revaluations	-
Transfers	-
At 31 March 2015	20,549
Depreciation
At 1 April 2014	35,117
Charge for the year	2,193
On disposals	(23,341)
At 31 March 2015	13,969
Net book values
At 31 March 2015	6,580
At 31 March 2014	6,840

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

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000

4Transactions with directors

Name of director receiving advance or credit:	V A Taylor-Barker
Description of the transaction:	Interest free directors loan
Balance at 1 April 2014:	£ 0
Advances or credits made:	£ 5,026
Advances or credits repaid:	-
Balance at 31 March 2015:	£ 5,026

Name of director receiving advance or credit:	M W P Scott
Description of the transaction:	Interest free directors loan
Balance at 1 April 2014:	£ 0
Advances or credits made:	£ 5,026
Advances or credits repaid:	-
Balance at 31 March 2015:	£ 5,026