Breaking The Shell Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06378122 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2014

for

Breaking The Shell Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Certified Accountants' Report

5

DIRECTORS:

B Taylor

Miss N Sears

SECRETARY:

REGISTERED OFFICE:

20 Evesham Way

London

SW11 5QX

REGISTERED NUMBER:

06378122 (England and Wales)

ACCOUNTANTS:

Farnell Clarke Limited

Evolution House

Delft Way

Norwich Airport

Norwich

Norfolk

NR6 6BB

FIXED ASSETS

Intangible assets

2

1,250

1,500

Tangible assets

3

4,496

2,627

5,746

4,127

CURRENT ASSETS

Stocks

-

7,500

Cash at bank

11,295

312

11,295

7,812

CREDITORS

Amounts falling due within one year

43,905

31,669

NET CURRENT LIABILITIES

(32,610

)

(23,857

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(26,864

)

(19,730

)

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

(26,866

)

(19,732

)

SHAREHOLDERS' FUNDS

(26,864

)

(19,730

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 2 June 2015 and were signed on its behalf by:

B Taylor - 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 sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

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 etc

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

and 30 September 2014

2,500

AMORTISATION

At 1 October 2013

1,000

Amortisation for year

250

At 30 September 2014

1,250

NET BOOK VALUE

At 30 September 2014

1,250

At 30 September 2013

1,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

7,849

Additions

3,358

At 30 September 2014

11,207

DEPRECIATION

At 1 October 2013

5,222

Charge for year

1,489

At 30 September 2014

6,711

NET BOOK VALUE

At 30 September 2014

4,496

At 30 September 2013

2,627

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

2

Ordinary

1.00

2

2

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the trading period ended 30th September 2014 the directors made a loan to the company. At the balance

sheet date this amounted to £43,604.56.(£29,369.79 for 2013). This loan is interest free and has no fixed

repayment terms

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Breaking The Shell Limited for the year ended 30 September 2014 which comprise the Profit and

Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Breaking The Shell Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Breaking The Shell Limited and state those matters that we have agreed to state to the Board of Directors of Breaking The Shell Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Breaking The Shell Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Breaking The Shell Limited. You consider that Breaking The Shell Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Breaking The Shell Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Farnell Clarke Limited

Evolution House

Delft Way

Norwich Airport

Norwich

Norfolk

NR6 6BB

Date: .............................................