Abbreviated Company Accounts - EAGLEYELLOW LTD

Abbreviated Company Accounts - EAGLEYELLOW LTD


Registered Number 07503029

EAGLEYELLOW LTD

Abbreviated Accounts

31 January 2014

EAGLEYELLOW LTD Registered Number 07503029

Abbreviated Balance Sheet as at 31 January 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 6,153 4,664
6,153 4,664
Current assets
Stocks 4,650 6,663
Debtors 1,515 1,515
Cash at bank and in hand 23,461 2,391
29,626 10,569
Creditors: amounts falling due within one year (29,021) (24,000)
Net current assets (liabilities) 605 (13,431)
Total assets less current liabilities 6,758 (8,767)
Total net assets (liabilities) 6,758 (8,767)
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 6,757 (8,768)
Shareholders' funds 6,758 (8,767)
  • For the year ending 31 January 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 11 July 2014

And signed on their behalf by:
Ms E Kiomourtzi, Director

EAGLEYELLOW LTD Registered Number 07503029

Notes to the Abbreviated Accounts for the period ended 31 January 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
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures & Fittings - 25% Straight Line
Equipment - 25% Straight Line

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2Tangible fixed assets
£
Cost
At 1 February 2013 6,220
Additions 3,821
Disposals -
Revaluations -
Transfers -
At 31 January 2014 10,041
Depreciation
At 1 February 2013 1,556
Charge for the year 2,332
On disposals -
At 31 January 2014 3,888
Net book values
At 31 January 2014 6,153
At 31 January 2013 4,664
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary shares of £1 each 1 1