Abbreviated Company Accounts - THE BARBER SHOP BARGOED LTD

THE BARBER SHOP BARGOED LTD - Company Information

07552118 THE BARBER SHOP BARGOED LTD 2014-03-31 false 2013-04-01 2014-03-31 true 07552118 2013-04-01 2014-03-31 07552118 2014-03-31 07552118 2013-03-31 07552118 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 07552118 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 07552118

THE BARBER SHOP BARGOED LTD

Abbreviated Accounts

31 March 2014

THE BARBER SHOP BARGOED LTD Registered Number 07552118

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	9,000	12,000
Tangible assets	3	3,140	3,200
		12,140	15,200
Current assets
Stocks		75	60
Cash at bank and in hand		1,767	2,475
		1,842	2,535
Creditors: amounts falling due within one year		(13,933)	(13,498)
Net current assets (liabilities)		(12,091)	(10,963)
Total assets less current liabilities		49	4,237
Total net assets (liabilities)		49	4,237
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		47	4,235
Shareholders' funds		49	4,237

For the year ending 31 March 2014 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 31 January 2015

And signed on their behalf by:
H Terry, Director

THE BARBER SHOP BARGOED LTD Registered Number 07552118

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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
Turover represents net invoiced sales of goods and serivces

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the full cost or valuation less estimated residual value of each asset over the estimated useful life. The principal rates in use are:
Equipment fitures and fittings 20% straigh line

Intangible assets amortisation policy
acquired goodwill is written off in equla instalments over its estimated useful life.

2Intangible fixed assets

	£
Cost
At 1 April 2013	15,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	15,000
Amortisation
At 1 April 2013	3,000
Charge for the year	3,000
On disposals	-
At 31 March 2014	6,000
Net book values
At 31 March 2014	9,000
At 31 March 2013	12,000

3Tangible fixed assets

	£
Cost
At 1 April 2013	4,000
Additions	922
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	4,922
Depreciation
At 1 April 2013	800
Charge for the year	982
On disposals	-
At 31 March 2014	1,782
Net book values
At 31 March 2014	3,140
At 31 March 2013	3,200

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2