Abbreviated Company Accounts - SAFFRON BEAUTY LTD

SAFFRON BEAUTY LTD - Company Information

06195151 SAFFRON BEAUTY LTD 2015-03-31 false 2014-04-01 2015-03-31 true 06195151 2014-04-01 2015-03-31 06195151 2015-03-31 06195151 2014-03-31 06195151 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 06195151 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 06195151

SAFFRON BEAUTY LTD

Abbreviated Accounts

31 March 2015

SAFFRON BEAUTY LTD Registered Number 06195151

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	21,054	23,394
		21,054	23,394
Current assets
Stocks		37,624	32,741
Debtors		23,918	27,652
Cash at bank and in hand		27,426	31,178
		88,968	91,571
Net current assets (liabilities)		88,968	91,571
Total assets less current liabilities		110,022	114,965
Creditors: amounts falling due after more than one year		(51,418)	(51,418)
Total net assets (liabilities)		58,604	63,547
Capital and reserves
Called up share capital	3	3	3
Profit and loss account		58,601	63,544
Shareholders' funds		58,604	63,547

For the year ending 31 March 2015 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 30 September 2015

And signed on their behalf by:
MR BASHARAT ALI, Director

SAFFRON BEAUTY LTD Registered Number 06195151

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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 revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings Reducing balance method 10%
Motor Vehicles Reducing balance method 10%

2Tangible fixed assets

	£
Cost
At 1 April 2014	35,961
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	35,961
Depreciation
At 1 April 2014	12,567
Charge for the year	2,340
On disposals	-
At 31 March 2015	14,907
Net book values
At 31 March 2015	21,054
At 31 March 2014	23,394

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

	2015 £	2014 £
3 Ordinary shares of £1 each	3	3