Abbreviated Company Accounts - BUSINESS BY TECHNOLOGY LIMITED

Abbreviated Company Accounts - BUSINESS BY TECHNOLOGY LIMITED


Registered Number 03030275

BUSINESS BY TECHNOLOGY LIMITED

Abbreviated Accounts

30 April 2015

BUSINESS BY TECHNOLOGY LIMITED Registered Number 03030275

Abbreviated Balance Sheet as at 30 April 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 455,996 513,595
Tangible assets 3 269,884 280,455
Investments 4 - -
725,880 794,050
Current assets
Stocks 384,914 323,530
Debtors 1,797,086 1,121,918
Cash at bank and in hand 188,517 40,730
2,370,517 1,486,178
Creditors: amounts falling due within one year (1,536,378) (1,415,081)
Net current assets (liabilities) 834,139 71,097
Total assets less current liabilities 1,560,019 865,147
Creditors: amounts falling due after more than one year (54,705) (65,001)
Provisions for liabilities (737) (398)
Total net assets (liabilities) 1,504,577 799,748
Capital and reserves
Called up share capital 5 100 100
Profit and loss account 1,504,477 799,648
Shareholders' funds 1,504,577 799,748
  • For the year ending 30 April 2015 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 19 May 2015

And signed on their behalf by:
P RUNCIMAN, Director

BUSINESS BY TECHNOLOGY LIMITED Registered Number 03030275

Notes to the Abbreviated Accounts for the period ended 30 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Intangible fixed assets
£
Cost
At 1 May 2014 575,994
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2015 575,994
Amortisation
At 1 May 2014 62,399
Charge for the year 57,599
On disposals -
At 30 April 2015 119,998
Net book values
At 30 April 2015 455,996
At 30 April 2014 513,595
3Tangible fixed assets
£
Cost
At 1 May 2014 841,368
Additions 116,305
Disposals (182,833)
Revaluations -
Transfers -
At 30 April 2015 774,840
Depreciation
At 1 May 2014 560,913
Charge for the year 73,960
On disposals (129,917)
At 30 April 2015 504,956
Net book values
At 30 April 2015 269,884
At 30 April 2014 280,455

4Fixed assets Investments
The company's investments at the Balance sheet date were of a 100% holding of the share capital of Siop Offer Swyddffa Ltd. Siop Offer Swyddffa Ltd wenty into liquidation on 11th February 2014. The investment in Siop Offer Swyddfa Ltd and the intercompany loan due from Siop Offer Swddfa Ltd have been fully provided against.

5Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100