A Bit on the Side (SW) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06634415 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2014

for

A Bit on the Side (SW) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A B Godfrey

REGISTERED OFFICE:

Lilliput House

Fosseway

Midsomer Norton

Radstock

BA3 4BB

REGISTERED NUMBER:

06634415 (England and Wales)

ACCOUNTANTS:

Graham Long and Company

Chartered Management Accountants

Lilliput House

Fosseway

Midsomer Norton

RADSTOCK

BA3 4BB

FIXED ASSETS

Tangible assets

2

98,367

84,690

CURRENT ASSETS

Debtors

167,685

166,841

Prepayments and accrued income

5,629

2,070

Cash at bank

76

24

173,390

168,935

CREDITORS

Amounts falling due within one year

129,138

175,642

NET CURRENT ASSETS/(LIABILITIES)

44,252

(6,707

)

TOTAL ASSETS LESS CURRENT LIABILITIES

142,619

77,983

CREDITORS

Amounts falling due after more than one year

(11,130

)

-

PROVISIONS FOR LIABILITIES

(14,250

)

(10,320

)

NET ASSETS

117,239

67,663

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

117,238

67,662

SHAREHOLDERS' FUNDS

117,239

67,663

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 13 April 2015 and were signed by:

A B Godfrey - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced value of goods and services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

119,933

Additions

33,542

At 31 July 2014

153,475

DEPRECIATION

At 1 August 2013

35,243

Charge for year

19,865

At 31 July 2014

55,108

NET BOOK VALUE

At 31 July 2014

98,367

At 31 July 2013

84,690

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

£

1

Ordinary

£1

1

1