Nataliya Limited - Abbreviated accounts

07143710

England and Wales

Nataliya Limited

Abbreviated Accounts

30 April 2016

Nataliya Limited
Abbreviated unaudited accounts
as at 30 April 2016
Contents

Abbreviated unaudited balance sheet
Notes to the abbreviated unaudited accounts

Director
Nataliya Tutus

Registered office
Coronation House
Queen Street
Lymington

Trading address
1 London Road
Ascot
Berkshire

Independent Accountants
New Forest Tax Accountants
Coronation House
Queen Street
Lymington
Hampshire

Registered number
07143710

Incorporated
England and Wales: 2 February 2010

Statement of director's responsibilities for the preparation of the accounts
Company law requires the director to prepare accounts for each financial year which give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that year. In preparing those accounts, the director is required to: • select suitable accounting policies and then apply them consistently • make judgements and estimates that are reasonable and prudent • follow applicable accounting standards, subject to any material departures disclosed and explained in the accounts •prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business The director is responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable him to ensure that the accounts comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Nataliya Limited
Abbreviated Balance Sheet
as at 30 April 2016

Notes			2016			2015
£				£
Fixed assets
Intangible assets	2		6,000			7,000
Tangible assets	3		9,088			8,477
			15,088			15,477

Current assets
Stocks		101,210			85,670
Debtors		40,097			39,336
Cash at bank and in hand		32,914			9,244
		174,221			134,250

Creditors: amounts falling due within one year		(9,646)			(19,057)

Net current assets			164,575			115,193

Net assets			179,663			130,670

Capital and reserves
Called up share capital	4		100			100
Shareholder's loan			261,901			203,503
Profit and loss account			(82,338)			(72,933)

Shareholder's funds			179,663			130,670


The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her 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.
Nataliya Tutus
Director
Approved by the board on 30 August 2016

Nataliya Limited
Notes to the Abbreviated Accounts
for the year ended 30 April 2016

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 January 2015).

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

	Goodwill
	Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimates useful econcomic lives. Impairment of intangible assets is reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

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

	Equipment			20% reducing balance
	Fixtures & fittings			25% reducing balance
	Leashold property			10% straight line

	VAT
	The business is registered for VAT. All figures stated in the accounts exclude any applicable VAT.

	Provisions
	Provisions are made on the basis of the director's expectation as to the likely outflow of future economic benefits.

	Equity funding
	Loans to the company which are repayable on notice of at least 1 year and are regarded by the directors as a source of general business finance are treated as equity funding in the accounts. Any interest payable thereon is charged to Profit & Loss Account on an accruing basis

	Stocks
	Stock is valued at the lower of cost and net realisable value, after taking in to account all projected costs to realisation .

	Pensions
	The company does not operate a pension scheme.


2	Intangible fixed assets					£

	Cost
	At 1 May 2015					10,000
	At 30 April 2016					10,000

	Amortisation
	At 1 May 2015					3,000
	Provided during the year					1,000
	At 30 April 2016					4,000

	Net book value
	At 30 April 2016					6,000
	At 30 April 2015					7,000


3	Tangible fixed assets					£

	Cost
	At 1 May 2015					16,422
	Additions					2,456
	At 30 April 2016					18,878

	Depreciation
	At 1 May 2015					7,945
	Charge for the year					1,845
	At 30 April 2016					9,790

	Net book value
	At 30 April 2016					9,088
	At 30 April 2015					8,477


4	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100