Bullet Marketing Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04842820 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2014

FOR

BULLET MARKETING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P Goodman

S Gulliver

A J Wattridge

SECRETARY:

P Goodman

REGISTERED OFFICE:

47-49 Queens Road

Weybridge

Surrey

KT13 9UH

REGISTERED NUMBER:

04842820 (England and Wales)

FIXED ASSETS

Tangible assets

2

1,450

911

Investments

3

50

50

1,500

961

CURRENT ASSETS

Debtors

409,327

291,134

Cash at bank

242,758

283,370

652,085

574,504

CREDITORS

Amounts falling due within one year

356,878

292,960

NET CURRENT ASSETS

295,207

281,544

TOTAL ASSETS LESS CURRENT LIABILITIES

296,707

282,505

CAPITAL AND RESERVES

Called up share capital

4

190

190

Profit and loss account

296,517

282,315

SHAREHOLDERS' FUNDS

296,707

282,505

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 directors acknowledge their 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 Board of Directors on 14 April 2015 and were signed on its behalf by:

S Gulliver - 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 sales of marketing consultancy services, excluding value added tax, performed during the year.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

39,677

Additions

1,657

Disposals

(28,825

)

At 31 July 2014

12,509

DEPRECIATION

At 1 August 2013

38,766

Charge for year

1,118

Eliminated on disposal

(28,825

)

At 31 July 2014

11,059

NET BOOK VALUE

At 31 July 2014

1,450

At 31 July 2013

911

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 August 2013

and 31 July 2014

50

NET BOOK VALUE

At 31 July 2014

50

At 31 July 2013

50

The company's investments at the balance sheet date in the share capital of companies include the following:

Associated company

Brandshine Limited

Nature of business: Brand design agency

%

Class of shares:

holding

Ordinary 'B'

50.00

30.9.13

30.9.12

£

£

Aggregate capital and reserves

61,031

1,665

Profit for the year/period

98,384

21,693

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

95,000

'A' Ordinary

£.001

95

95

95,000

'B' Ordinary

£.001

95

95

190

190

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, P Goodman received £3,381 (2013 - £nil) as an expenses advance. The balance outstanding at the

year end was £5,548 (2013 - £2,167) and this amount is included within Other debtors.

During the year, Groboard Limited, a company under the control of the directors was advanced £214 (2013 - £40).

The balance outstanding at the year end was £214 (2013 - £214) and this amount is included within Other debtors.

6.	ULTIMATE CONTROLLING PARTY

There is no single ultimate controlling party.