Abbreviated Company Accounts - HAIR RITZ TOO LTD

Registered Number NI058455

HAIR RITZ TOO LTD

Abbreviated Accounts

31 March 2015

HAIR RITZ TOO LTD Registered Number NI058455

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	3,250	6,500
Tangible assets	3	12,053	10,049
		15,303	16,549
Current assets
Stocks		1,750	1,750
Debtors		7,446	3,416
Cash at bank and in hand		6,565	6,281
		15,761	11,447
Creditors: amounts falling due within one year		(28,741)	(26,548)
Net current assets (liabilities)		(12,980)	(15,101)
Total assets less current liabilities		2,323	1,448
Total net assets (liabilities)		2,323	1,448
Capital and reserves
Called up share capital		100	100
Profit and loss account		2,223	1,348
Shareholders' funds		2,323	1,448

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 9 December 2015

And signed on their behalf by:
Mr Richard Lamont, Director

HAIR RITZ TOO LTD Registered Number NI058455

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention.

Turnover policy
Turnover represents amounts receivable for goods and services net of Vat and trade discounts.

Tangible assets depreciation policy
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: fixtures & equipment 25% reducing balance

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

2Intangible fixed assets

	£
Cost
At 1 April 2014	32,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	32,500
Amortisation
At 1 April 2014	26,000
Charge for the year	3,250
On disposals	-
At 31 March 2015	29,250
Net book values
At 31 March 2015	3,250
At 31 March 2014	6,500

3Tangible fixed assets

	£
Cost
At 1 April 2014	11,451
Additions	3,540
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	14,991
Depreciation
At 1 April 2014	1,402
Charge for the year	1,536
On disposals	-
At 31 March 2015	2,938
Net book values
At 31 March 2015	12,053
At 31 March 2014	10,049