Registered Number 08085156
MILCH BEAUTY LIMITED
Abbreviated Accounts
31 December 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
|
|
|
Total assets less current liabilities |
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|
|
Creditors: amounts falling due after more than one year |
( |
( |
|
Total net assets (liabilities) |
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|
|
Capital and reserves | |||
Called up share capital | 4 |
|
|
Share premium account |
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Profit and loss account |
( |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Computer equipment - % on straight line basis
Fixtures and fittings -10% on straight line basis
Motor Vehicles - 25% on reducing balance basis
PPE - % on straight line basis
Other tangibles - no depreciation
Intangible assets amortisation policy
Website - 0% on straight line basis
Other accounting policies
The charge for taxation is based on the loss for the year and takes into account taxation deferred because of timing differences between the treatment of certain items for taxation and accounting purposes. Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes which have arisen but not reversed by the balance sheet date, except as otherwise required by FRS 19.
£ | |
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Cost | |
At 1 January 2015 |
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Additions |
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Disposals |
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Revaluations |
|
Transfers |
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At 31 December 2015 |
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Amortisation | |
At 1 January 2015 |
|
Charge for the year |
|
On disposals |
|
At 31 December 2015 |
|
Net book values | |
At 31 December 2015 | 11,677 |
At 31 December 2014 | - |
£ | |
---|---|
Cost | |
At 1 January 2015 |
|
Additions |
|
Disposals |
( |
Revaluations |
|
Transfers |
|
At 31 December 2015 |
|
Depreciation | |
At 1 January 2015 |
|
Charge for the year |
|
On disposals |
|
At 31 December 2015 |
|
Net book values | |
At 31 December 2015 | 25,280 |
At 31 December 2014 | 23,293 |