Abbreviated Company Accounts - THE YOGURT COUNCIL LIMITED

Abbreviated Company Accounts - THE YOGURT COUNCIL LIMITED

THE YOGURT COUNCIL LIMITED - Company Information

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Registered Number 08494986

THE YOGURT COUNCIL LIMITED

Abbreviated Accounts

31 December 2013

THE YOGURT COUNCIL LIMITED Registered Number 08494986

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013
£
Fixed assets
Intangible assets 3 19,247
Tangible assets 4 671
19,918
Current assets
Debtors 131,553
131,553
Creditors: amounts falling due within one year (44,428)
Net current assets (liabilities) 87,125
Total assets less current liabilities 107,043
Provisions for liabilities (3,984)
Total net assets (liabilities) 103,059
Reserves
Income and expenditure account 103,059
Members' funds 103,059
  • For the year ending 31 December 2013 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 24 July 2014

And signed on their behalf by:
Frances Clare Cheney, Director

THE YOGURT COUNCIL LIMITED Registered Number 08494986

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Intangible fixed assets
£
Cost
Additions 30,795
Disposals -
Revaluations -
Transfers -
At 31 December 2013 30,795
Amortisation
Charge for the year 11,548
On disposals -
At 31 December 2013 11,548
Net book values
At 31 December 2013 19,247

Expenditure incurred in the development of the website is capitalised and amortised over 2 years, which is the period over which the company is expected to benefit. The director is satisfied as to the technical, commercial and financial viability of this project.

4Tangible fixed assets
£
Cost
Additions 894
Disposals -
Revaluations -
Transfers -
At 31 December 2013 894
Depreciation
Charge for the year 223
On disposals -
At 31 December 2013 223
Net book values
At 31 December 2013 671

Tangible fixed assets are stated at cost less depreciation.

Depreciation is provided at the following annual rates in order to write-off the cost less expected residual value of each asset over its estimated useful life:

Computer equipment - 33.33% on cost