Abbreviated Company Accounts - VIRALLY LIMITED

08171193 VIRALLY LIMITED 2014-08-31 false 2013-09-01 2014-08-31 true 08171193 2013-09-01 2014-08-31 08171193 2014-08-31 08171193 2013-08-31 08171193 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 08171193 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 08171193

VIRALLY LIMITED

Abbreviated Accounts

31 August 2014

VIRALLY LIMITED Registered Number 08171193

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	-	1,860
		-	1,860
Current assets
Debtors		19,256	7,803
Cash at bank and in hand		-	2,485
		19,256	10,288
Creditors: amounts falling due within one year		(5,391)	(3,956)
Net current assets (liabilities)		13,865	6,332
Total assets less current liabilities		13,865	8,192
Creditors: amounts falling due after more than one year		(57,600)	(30,000)
Total net assets (liabilities)		(43,735)	(21,808)
Capital and reserves
Called up share capital	3	9,000	9,000
Share premium account		55,655	55,655
Profit and loss account		(108,390)	(86,463)
Shareholders' funds		(43,735)	(21,808)

For the year ending 31 August 2014 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 14 October 2014

And signed on their behalf by:
Paul Rodrigues, Director

VIRALLY LIMITED Registered Number 08171193

Notes to the Abbreviated Accounts for the period ended 31 August 2014

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 represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

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

Fixtures, fittings and equipment - 33% Straight Line

Other accounting policies
Research and Development
Research expenditure is written off to the profit and loss account in the year in which it is incurred.

2Tangible fixed assets

	£
Cost
At 1 September 2013	2,790
Additions	-
Disposals	(2,790)
Revaluations	-
Transfers	-
At 31 August 2014	0
Depreciation
At 1 September 2013	930
Charge for the year	-
On disposals	(930)
At 31 August 2014	0
Net book values
At 31 August 2014	0
At 31 August 2013	1,860

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
9,000 Ordinary shares of £0.01 each	90	90