Stylish Living Limited - Limited company - abbreviated - 11.0.0
Stylish Living Limited - Limited company - abbreviated - 11.0.0
REGISTERED NUMBER: |
Abbreviated Accounts |
for the Year Ended 30 June 2014 |
for |
STYLISH LIVING LIMITED |
STYLISH LIVING LIMITED (REGISTERED NUMBER: 04473627) |
Contents of the Abbreviated Accounts |
for the Year Ended 30 June 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
STYLISH LIVING LIMITED |
Company Information |
for the Year Ended 30 June 2014 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
STYLISH LIVING LIMITED (REGISTERED NUMBER: 04473627) |
Abbreviated Balance Sheet |
30 June 2014 |
30.6.14 | 30.6.13 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 3 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
3 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
STYLISH LIVING LIMITED (REGISTERED NUMBER: 04473627) |
Abbreviated Balance Sheet - continued |
30 June 2014 |
The financial statements were approved by the director on |
STYLISH LIVING LIMITED (REGISTERED NUMBER: 04473627) |
Notes to the Abbreviated Accounts |
for the Year Ended 30 June 2014 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective April 2008). |
Turnover |
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of |
Value Added Tax. |
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done |
in the year, including, where appropriate, estimates of amounts not invoiced. Turnover in respect of long-term |
contracts and contracts for on-going services is recognised by reference to the stage of completion. |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in |
market value is transferred to a revaluation reserve. |
Stocks |
Property in the course of development is valued at the lower of direct cost or net realisable value. Direct cost |
comprises the cost of land, raw materials and development costs, including loan interest but excludes indirect |
overheads. Progress payments if any, are deducted from work in progress. |
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. Deferred tax is measured on an undiscounted basis at the tax rates that |
are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or |
substantively enacted at the balance sheet date. |
2. | INVESTMENT PROPERTY |
Total |
£ |
COST |
Reclassification/transfer |
At 30 June 2014 |
NET BOOK VALUE |
At 30 June 2014 |
3. | CREDITORS |
Creditors include an amount of £ |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.6.14 | 30.6.13 |
value: | £ | £ |
"A" Ordinary | £1 |
5. | ULTIMATE CONTROLLING PARTY |
There was no ultimate controlling party throughout the year. |