Abbreviated Company Accounts - BUMBLEBEE DESIGN LTD

BUMBLEBEE DESIGN LTD - Company Information

03107320 BUMBLEBEE DESIGN LTD 2014-09-30 false 2013-10-01 2014-09-30 true 03107320 2013-10-01 2014-09-30 03107320 2014-09-30 03107320 2013-09-30 03107320 uk-gaap-cd-bus:Director1 2013-10-01 2014-09-30 03107320 uk-gaap-cd-bus:Director2 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-30 iso4217:GBP shares

Registered Number 03107320

BUMBLEBEE DESIGN LTD

Abbreviated Accounts

30 September 2014

BUMBLEBEE DESIGN LTD Registered Number 03107320

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	40	80
Tangible assets	3	4,370	2,812
		4,410	2,892
Current assets
Stocks		15,108	21,107
Debtors		24,780	18,753
Cash at bank and in hand		9,132	18,152
		49,020	58,012
Creditors: amounts falling due within one year		(53,193)	(47,046)
Net current assets (liabilities)		(4,173)	10,966
Total assets less current liabilities		237	13,858
Total net assets (liabilities)		237	13,858
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		235	13,856
Shareholders' funds		237	13,858

For the year ending 30 September 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 16 June 2015

And signed on their behalf by:
Mr B O'Neil, Director

BUMBLEBEE DESIGN LTD Registered Number 03107320

Notes to the Abbreviated Accounts for the period ended 30 September 2014

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.

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied
during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates
calculated to write off the cost of fixed assets, less their estimated residual value, over their
expected useful lives on the following bases:
Office equipment, furniture &
fixtures
- 25% reducing balance

Intangible assets amortisation policy
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value
of the identifiable assets and liabilities. It is amortised to the Profit and loss account over its
estimated economic life.
Patent is amortised to profit and loss account over the estimated economic life of 10 years.

2Intangible fixed assets

	£
Cost
At 1 October 2013	6,900
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	6,900
Amortisation
At 1 October 2013	6,820
Charge for the year	40
On disposals	-
At 30 September 2014	6,860
Net book values
At 30 September 2014	40
At 30 September 2013	80

3Tangible fixed assets

	£
Cost
At 1 October 2013	39,123
Additions	3,027
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	42,150
Depreciation
At 1 October 2013	36,311
Charge for the year	1,469
On disposals	-
At 30 September 2014	37,780
Net book values
At 30 September 2014	4,370
At 30 September 2013	2,812

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2