Abbreviated Company Accounts - YADLY MARKETING COMPANY LTD

YADLY MARKETING COMPANY LTD - Company Information

Registered Number 06248529

YADLY MARKETING COMPANY LTD

Abbreviated Accounts

31 March 2016

YADLY MARKETING COMPANY LTD Registered Number 06248529

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	327,084	402,084
Tangible assets	3	2,264,993	2,274,966
		2,592,077	2,677,050
Current assets
Stocks		448,643	404,527
Debtors		503,907	304,166
Cash at bank and in hand		209,874	769,662
		1,162,424	1,478,355
Creditors: amounts falling due within one year		(2,214,347)	(2,548,274)
Net current assets (liabilities)		(1,051,923)	(1,069,919)
Total assets less current liabilities		1,540,154	1,607,131
Creditors: amounts falling due after more than one year		(595,458)	(681,834)
Total net assets (liabilities)		944,696	925,297
Capital and reserves
Called up share capital		100	100
Other reserves		9,758	9,758
Profit and loss account		934,838	915,439
Shareholders' funds		944,696	925,297

For the year ending 31 March 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 29 December 2016

And signed on their behalf by:
M Saleem Yadallee, Director

YADLY MARKETING COMPANY LTD Registered Number 06248529

Notes to the Abbreviated Accounts for the period ended 31 March 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.

Turnover policy
Turnover represent the total invoice value, excluding value added tax, of sales made during the year

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follow

Land and buildings - None. Freehold building is worth than the book value.
Plant and machinery -

Intangible assets amortisation policy
Acquired goodwill is written off in equal instalments over its estimated useful economic life of years.

2Intangible fixed assets

	£
Cost
At 1 April 2015	850,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	850,000
Amortisation
At 1 April 2015	447,916
Charge for the year	75,000
On disposals	-
At 31 March 2016	522,916
Net book values
At 31 March 2016	327,084
At 31 March 2015	402,084

3Tangible fixed assets

	£
Cost
At 1 April 2015	2,646,219
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	2,646,219
Depreciation
At 1 April 2015	371,253
Charge for the year	9,973
On disposals	-
At 31 March 2016	381,226
Net book values
At 31 March 2016	2,264,993
At 31 March 2015	2,274,966