Abbreviated Company Accounts - BITA TRADING COMPANY LIMITED

Abbreviated Company Accounts - BITA TRADING COMPANY LIMITED


Registered Number 08552712

BITA TRADING COMPANY LIMITED

Abbreviated Accounts

29 June 2014

BITA TRADING COMPANY LIMITED Registered Number 08552712

Abbreviated Balance Sheet as at 29 June 2014

Notes 2014
£
Current assets
Cash at bank and in hand 21,712
21,712
Creditors: amounts falling due within one year (2,114)
Net current assets (liabilities) 19,598
Total assets less current liabilities 19,598
Total net assets (liabilities) 19,598
Capital and reserves
Called up share capital 2 1
Profit and loss account 19,597
Shareholders' funds 19,598
  • For the year ending 29 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 22 May 2015

And signed on their behalf by:
P Whitnell, Director

BITA TRADING COMPANY LIMITED Registered Number 08552712

Notes to the Abbreviated Accounts for the period ended 29 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
1 Accounting policies

1.1 Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2 Compliance with accounting standards The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3 Income
Income represents membership fees and sponsorship receivable from members of the trade association during the period.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2 Ordinary shares of £0.50 each 1

During the year 2 ordinary shares were issued at £0.50.

The company is limited by guarantee. Every member of the company undertakes to contribute such
amount as may be required not exceeding £0.50 to the assets of the company in the event of its