Bildeston Newsagents Limited
|
Registered number: |
07564004
|
Abbreviated Balance Sheet |
as at 31 March 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Intangible assets |
2 |
|
|
14,439 |
|
|
17,328 |
Tangible assets |
3 |
|
|
9,844 |
|
|
1,869 |
|
|
|
|
24,283 |
|
|
19,197 |
|
Current assets |
Debtors |
|
|
6,894 |
|
|
7,780 |
Cash at bank and in hand |
|
|
7,008 |
|
|
6,043 |
|
|
|
13,902 |
|
|
13,823 |
|
Creditors: amounts falling due within one year |
|
|
(37,929) |
|
|
(32,294) |
|
Net current liabilities |
|
|
|
(24,027) |
|
|
(18,471) |
|
Net assets |
|
|
|
256 |
|
|
726 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
254 |
|
|
724 |
|
Shareholders' funds |
|
|
|
256 |
|
|
726 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
K K Bailey |
Director |
Approved by the board on 21 April 2016
|
|
Bildeston Newsagents Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 March 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line
|
|
Motor vehicles |
20% straight line
|
|
|
2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
28,882 |
|
At 31 March 2016 |
28,882 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2015 |
11,554 |
|
Provided during the year |
2,889 |
|
At 31 March 2016 |
14,443 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
14,439 |
|
At 31 March 2015 |
17,328 |
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
7,045 |
|
Additions |
12,218 |
|
Disposals |
(6,695) |
|
At 31 March 2016 |
12,568 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
5,176 |
|
Charge for the year |
2,514 |
|
On disposals |
(4,966) |
|
At 31 March 2016 |
2,724 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
9,844 |
|
At 31 March 2015 |
1,869 |
|
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|