Company Registration No. 07585512 (England and Wales)
YELLOW DAFFODIL LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2014
YELLOW DAFFODIL LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
YELLOW DAFFODIL LTD
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2014
31 March 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Intangible assets
2
42,000
48,000
Tangible assets
2
2,492
3,841
44,492
51,841
Current assets
Cash at bank and in hand
1,553
Creditors: amounts falling due within one year
(19,378)
(19,982)
Net current liabilities
(19,378)
(18,429)
Total assets less current liabilities
25,114
33,412
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
25,113
33,411
Shareholders' funds
25,114
33,412
For the financial year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on .........................
2014-12-22
..............................
Mrs C A S Kerr
Director
Company Registration No. 07585512
YELLOW DAFFODIL LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 10 years.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment
straight line over 3 years
Fixtures, fittings & equipment
25% reducing balance method
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 April 2013
60,000
5,966
65,966
Additions
664
664
At 31 March 2014
60,000
6,630
66,630
Depreciation
At 1 April 2013
12,000
2,125
14,125
Charge for the year
6,000
2,013
8,013
At 31 March 2014
18,000
4,138
22,138
Net book value
At 31 March 2014
42,000
2,492
44,492
At 31 March 2013
48,000
3,841
51,841
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
1 Ordinary Share of £1 each
1
1
2014-03-312013-04-01truetruetruefalsetruetruetmp6661.html2014-12-23075855122013-04-012014-03-31075855122014-03-31075855122013-03-31075855122013-03-3107585512uk-bus:Director12013-04-012014-03-3107585512uk-gaap:ComputerEquipment2013-04-012014-03-3107585512uk-gaap:FixturesFittingsToolsEquipment2013-04-012014-03-3107585512uk-bus:OrdinaryShareClass12013-04-012014-03-3107585512uk-bus:OrdinaryShareClass12014-03-3107585512uk-bus:OrdinaryShareClass12013-03-3107585512uk-curr:PoundSterling2013-04-012014-03-31xbrli:purexbrli:sharesiso4217:GBP
