Abbreviated Company Accounts - BLUEZONE FISHING LIMITED

BLUEZONE FISHING LIMITED - Company Information

08661885 BLUEZONE FISHING LIMITED 2014-08-31 false 2013-08-23 2014-08-31 true 08661885 2013-08-23 2014-08-31 08661885 2014-08-31 08661885 uk-gaap-cd-bus:Director1 2013-08-23 2014-08-31 08661885 uk-gaap-cd-bus:Director2 2013-08-23 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-23 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-08-23 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass3 2013-08-23 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass3 2014-08-31 iso4217:GBP shares

Registered Number 08661885

BLUEZONE FISHING LIMITED

Abbreviated Accounts

31 August 2014

BLUEZONE FISHING LIMITED Registered Number 08661885

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	1,645
		1,645
Current assets
Stocks		40,500
Debtors		11,320
Cash at bank and in hand		9,000
		60,820
Creditors: amounts falling due within one year		(8,887)
Net current assets (liabilities)		51,933
Total assets less current liabilities		53,578
Total net assets (liabilities)		53,578
Capital and reserves
Called up share capital	3	200
Share premium account		89,910
Profit and loss account		(36,532)
Shareholders' funds		53,578

For the year ending 31 August 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 18 May 2015

And signed on their behalf by:
Mr N M Bryant, Director

BLUEZONE FISHING LIMITED Registered Number 08661885

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

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class - Depreciation method and rate
Fixtures and fittings - 25% reducing balance

Other accounting policies
Going concern
The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future. This depends on the continued financial support of the company's directors.

Stock
Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

2Tangible fixed assets

	£
Cost
Additions	2,194
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	2,194
Depreciation
Charge for the year	549
On disposals	-
At 31 August 2014	549
Net book values
At 31 August 2014	1,645

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £
110 Ordinary shares of £1 each	110
50 Ordinary B shares of £1 each	50
40 Ordinary C shares of £1 each	40

During the period 110 Ordinary shares having an aggregate nominal value of £110 were allotted for aggregate consideration of £110.
During the period 50 Ordinary B shares having an aggregate nominal value of £50 were allotted for aggregate consideration of £50,000.
During the period 40 Ordinary C shares having an aggregate nominal value of £40 were allotted for aggregate consideration of £40,000.