Abbreviated Company Accounts - YAXLEY WINES LTD

07299033 YAXLEY WINES LTD 2016-06-30 false 2015-07-01 2016-06-30 true 07299033 2015-07-01 2016-06-30 07299033 2016-06-30 07299033 2015-06-30 07299033 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 07299033 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 07299033

YAXLEY WINES LTD

Abbreviated Accounts

30 June 2016

YAXLEY WINES LTD Registered Number 07299033

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	20,000	20,000
Tangible assets	3	2,230	2,787
		22,230	22,787
Current assets
Stocks		13,175	31,155
Debtors		451	533
Cash at bank and in hand		9,108	9,985
		22,734	41,673
Creditors: amounts falling due within one year		(46,423)	(85,670)
Net current assets (liabilities)		(23,689)	(43,997)
Total assets less current liabilities		(1,459)	(21,210)
Total net assets (liabilities)		(1,459)	(21,210)
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(1,559)	(21,310)
Shareholders' funds		(1,459)	(21,210)

For the year ending 30 June 2016 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 21 November 2016

And signed on their behalf by:
Mr Ranjodh Singh, Director

YAXLEY WINES LTD Registered Number 07299033

Notes to the Abbreviated Accounts for the period ended 30 June 2016

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.

2Intangible fixed assets

	£
Cost
At 1 July 2015	20,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	20,000
Amortisation
At 1 July 2015	-
Charge for the year	-
On disposals	-
At 30 June 2016	-
Net book values
At 30 June 2016	20,000
At 30 June 2015	20,000

Acquired goodwill is stated at cost.

3Tangible fixed assets

	£
Cost
At 1 July 2015	5,384
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	5,384
Depreciation
At 1 July 2015	2,597
Charge for the year	557
On disposals	-
At 30 June 2016	3,154
Net book values
At 30 June 2016	2,230
At 30 June 2015	2,787

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment @ 20% on WDV
Motor Vehicles @ 20% on WDV
Fixtures and Fittings @ 20% on WDV

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100