Accounts filed on 31-07-2015
Accounts filed on 31-07-2015
trueLittle Bunnies Ltd085938792015-07-31-137220-13622100100100-13622100-13622100-151191001741990023001000230010001497077007270Basis of accounting
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).
Intangible Assets
Intangible assets acquired separately from a business are capitalised at cost. Intangible assets
acquired as part of an acquisition of a business are capitalised separately from goodwill if the fair
value can be measured reliably on initial recognition, subject to the constraint that, unless the asset
has a readily ascertainable market value, the fair value is limited to an amount that does not create or
increase any negative goodwill arising on the acquisition. Intangible assets, excluding development costs,
created within the business are not capitalised and expenditure is charged against profits in the year in
which it is incurred.
Intangible assets are amortised on a straight line basis over their estimated useful lives up to a maximum
of 20 years. The carrying value of intangible assets is reviewed for impairment at the end of the first full
year following acquisition and in other periods if events or changes in circumstances indicate the carrying
value may not be recoverable.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Fixed Assets
All fixed assets are initially recorded at cost.
Fixtures & FittingsMethod for Fixtures & fittings0.1500770077075807583103115280152831031Ordinary1001100100Ordinary11001001002016-06-17Miss L LewisMiss K E RichardsonDirectortruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureLittle Bunnies Ltd2014-08-012015-07-31Little Bunnies Ltd2013-07-022014-07-31Little Bunnies Ltd2013-07-01Little Bunnies Ltd2014-07-31Little Bunnies Ltd2014-07-31Little Bunnies Ltd2015-07-31 2016-06-17
