Cherryade Ltd - Abbreviated accounts

Registered number

08594462

Cherryade Ltd

Abbreviated Accounts

31 July 2015

Cherryade Ltd
Registered number:		08594462
Abbreviated Balance Sheet
as at 31 July 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		8,490			10,943

Current assets
Stocks		25,578			19,843
Debtors		4,005			3,900
Cash at bank and in hand		9,314			5,366
		38,897			29,109

Creditors: amounts falling due within one year		(56,805)			(48,917)

Net current liabilities			(17,908)			(19,808)

Total assets less current liabilities			(9,418)			(8,865)

Creditors: amounts falling due after more than one year			(4,437)			(10,469)

Provisions for liabilities			-			(1,132)


Net liabilities			(13,855)			(20,466)

Capital and reserves
Called up share capital	3		2			2
Profit and loss account			(13,857)			(20,468)

Shareholders' funds			(13,855)			(20,466)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



I M Stanley
Director
Approved by the board on 27 April 2016

Cherryade Ltd
Notes to the Abbreviated Accounts
for the year ended 31 July 2015

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Leasehold property			20% straight line
	Plant and machinery			20% reducing balance

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 August 2014					13,679
	At 31 July 2015					13,679

	Depreciation
	At 1 August 2014					2,736
	Charge for the year					2,453
	At 31 July 2015					5,189

	Net book value
	At 31 July 2015					8,490
	At 31 July 2014					10,943


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		2		2		2