Body Inc. Spas Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08176992 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014

FOR

BODY INC. SPAS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr G S Bansal

REGISTERED OFFICE:

Solar House

282 Chase Road

London

N14 6NZ

REGISTERED NUMBER:

08176992 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Tangible assets

2

72,234

92,339

CURRENT ASSETS

Stocks

11,480

12,250

Debtors

9,966

8,970

Cash at bank and in hand

2,469

7,091

23,915

28,311

CREDITORS

Amounts falling due within one year

150,212

152,691

NET CURRENT LIABILITIES

(126,297

)

(124,380

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(54,063

)

(32,041

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(54,163

)

(32,141

)

SHAREHOLDERS' FUNDS

(54,063

)

(32,041

)

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 director acknowledges his 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 director on 30 June 2015 and were signed by:

Mr G S Bansal - 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 gross invoiced sales of goods/services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

Over the term of lease

Fixtures & equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

114,763

Additions

257

Disposals

(3,500

)

At 30 September 2014

111,520

DEPRECIATION

At 1 October 2013

22,424

Charge for year

17,562

Eliminated on disposal

(700

)

At 30 September 2014

39,286

NET BOOK VALUE

At 30 September 2014

72,234

At 30 September 2013

92,339

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100