Abbreviated Company Accounts - BRIGHT FLAIR LTD.

Abbreviated Company Accounts - BRIGHT FLAIR LTD.


Registered Number 08105909

BRIGHT FLAIR LTD.

Abbreviated Accounts

30 June 2014

BRIGHT FLAIR LTD. Registered Number 08105909

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,896 2,653
1,896 2,653
Current assets
Debtors 219 3,850
Cash at bank and in hand 2,247 4,624
2,466 8,474
Creditors: amounts falling due within one year (3,811) (3,305)
Net current assets (liabilities) (1,345) 5,169
Total assets less current liabilities 551 7,822
Total net assets (liabilities) 551 7,822
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 550 7,821
Shareholders' funds 551 7,822
  • For the year ending 30 June 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 29 March 2015

And signed on their behalf by:
Gregory Bowler, Director

BRIGHT FLAIR LTD. Registered Number 08105909

Notes to the Abbreviated Accounts for the period ended 30 June 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
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Computer equipment - 33%

2Tangible fixed assets
£
Cost
At 1 July 2013 3,865
Additions 664
Disposals -
Revaluations -
Transfers -
At 30 June 2014 4,529
Depreciation
At 1 July 2013 1,212
Charge for the year 1,421
On disposals -
At 30 June 2014 2,633
Net book values
At 30 June 2014 1,896
At 30 June 2013 2,653
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1 Ordinary shares of £1 each 1 1