Abbreviated Company Accounts - YELLOWVALE LTD

Registered Number 04955333

YELLOWVALE LTD

Abbreviated Accounts

30 November 2015

YELLOWVALE LTD Registered Number 04955333

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	143,801	155,521
		143,801	155,521
Current assets
Stocks		1,000	1,000
Debtors		5,600	5,600
Cash at bank and in hand		128,966	47,518
		135,566	54,118
Creditors: amounts falling due within one year		(40,691)	(36,941)
Net current assets (liabilities)		94,875	17,177
Total assets less current liabilities		238,676	172,698
Creditors: amounts falling due after more than one year		(91,379)	(68,609)
Total net assets (liabilities)		147,297	104,089
Capital and reserves
Called up share capital		100	100
Profit and loss account		147,197	103,989
Shareholders' funds		147,297	104,089

For the year ending 30 November 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 May 2016

And signed on their behalf by:
Mr Murat Demirdag, Director

YELLOWVALE LTD Registered Number 04955333

Notes to the Abbreviated Accounts for the period ended 30 November 2015

1Accounting Policies

Basis of measurement and preparation of accounts
These accounts have been prepared under the historical cost convention as
modified by the revaluation of certain fixed assets and in accordance with
the Financial Reporting Standard for Smaller Entities (effective April 2008)

Turnover policy
Turnover is the total amount receivable by the company in the ordinary course of
business from outside customers, for services provided and any goods supplied,
excluding VAT. The turnover and operating costs are attributable to the principal
activity of the business being that of a Turkish cuisine Restaurant.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation Depreciation is calculated
on the reducing balance method and aims to write down cost less estimated residual
value of all tangible fixed assets over their expected useful lives The rates are as
follows:-
Fixture, Fittings & Equipment 15%

Other accounting policies
Stocks and work in progress are valued at the lower of cost and net realisable value
after making due allowance for obsolete and slow-moving stocks. Cost includes all
direct costs and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets

	£
Cost
At 1 December 2014	188,393
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	188,393
Depreciation
At 1 December 2014	32,872
Charge for the year	11,720
On disposals	-
At 30 November 2015	44,592
Net book values
At 30 November 2015	143,801
At 30 November 2014	155,521