Abbreviated Company Accounts - HYDER LIVING LIMITED

TITUS BEDDING LIMITED - Company Information

07509799 HYDER LIVING LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 07509799 2014-06-01 2015-05-31 07509799 2015-05-31 07509799 2014-05-31 07509799 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 07509799 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 07509799

HYDER LIVING LIMITED

Abbreviated Accounts

31 May 2015

HYDER LIVING LIMITED Registered Number 07509799

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	49,000	61,000
Tangible assets	3	55,958	73,113
		104,958	134,113
Current assets
Stocks		429,851	505,050
Debtors		1,097,000	921,620
Cash at bank and in hand		1,622	1,099
		1,528,473	1,427,769
Creditors: amounts falling due within one year		(1,435,812)	(1,445,749)
Net current assets (liabilities)		92,661	(17,980)
Total assets less current liabilities		197,619	116,133
Creditors: amounts falling due after more than one year		-	(1,392)
Total net assets (liabilities)		197,619	114,741
Capital and reserves
Called up share capital	4	200,000	200,000
Profit and loss account		(2,381)	(85,259)
Shareholders' funds		197,619	114,741

For the year ending 31 May 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 29 February 2016

And signed on their behalf by:
Z Hyder, Director

HYDER LIVING LIMITED Registered Number 07509799

Notes to the Abbreviated Accounts for the period ended 31 May 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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life.

Other accounting policies
Goodwill - Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

Foreign currency translation - Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

2Intangible fixed assets

	£
Cost
At 1 June 2014	100,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	100,000
Amortisation
At 1 June 2014	39,000
Charge for the year	12,000
On disposals	-
At 31 May 2015	51,000
Net book values
At 31 May 2015	49,000
At 31 May 2014	61,000

3Tangible fixed assets

	£
Cost
At 1 June 2014	145,997
Additions	-
Disposals	(3,456)
Revaluations	-
Transfers	-
At 31 May 2015	142,541
Depreciation
At 1 June 2014	72,884
Charge for the year	16,869
On disposals	(3,170)
At 31 May 2015	86,583
Net book values
At 31 May 2015	55,958
At 31 May 2014	73,113

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

	2015 £	2014 £
200,000 Ordinary shares of £1 each	200,000	200,000