Abbreviated Company Accounts - BREAK 90 LIMITED

08714507 BREAK 90 LIMITED 2014-12-31 false 2013-10-02 2014-12-31 true 08714507 2013-10-02 2014-12-31 08714507 2014-12-31 08714507 uk-gaap-cd-bus:Director1 2013-10-02 2014-12-31 08714507 uk-gaap-cd-bus:Director2 2013-10-02 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-02 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 08714507

BREAK 90 LIMITED

Abbreviated Accounts

31 December 2014

BREAK 90 LIMITED Registered Number 08714507

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	68,259
		68,259
Current assets
Stocks		4,047
Debtors	3	58,954
Cash at bank and in hand		52,474
		115,475
Creditors: amounts falling due within one year		(71,620)
Net current assets (liabilities)		43,855
Total assets less current liabilities		112,114
Total net assets (liabilities)		112,114
Capital and reserves
Called up share capital	4	200
Share premium account		299,940
Profit and loss account		(188,026)
Shareholders' funds		112,114

For the year ending 31 December 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 2 July 2015

And signed on their behalf by:
Barry Gill, Director

BREAK 90 LIMITED Registered Number 08714507

Notes to the Abbreviated Accounts for the period ended 31 December 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 represents net invoiced sales of good excluding value added tax. Turnover is attributable to the continuing principal activity of the company and arose wholly within the United Kingdom.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the full cost or valuation less estimated residual value of each asset over its estimated useful life. The principal rates in use are:

Plant and Machinery 20% reducing balance
Equipment, fixtures and fittings 25% reducing balance

Other accounting policies
Stocks
Stock and work in progress is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Research and development
Expenditure on research and development is charged to the income statement in the year in which it is incurred.

Taxation
The charge for taxation is based in the profit/loss for the period and takes into account taxation deferred because of timing differences between the treatment of certain items for taxation and accounting purposes which have arisen but not reversed by the balance sheet date, except as otherwise required by FRS 19.

2Tangible fixed assets

	£
Cost
Additions	73,331
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	73,331
Depreciation
Charge for the year	5,072
On disposals	-
At 31 December 2014	5,072
Net book values
At 31 December 2014	68,259

3Debtors

	2014 £
Debtors include the following amounts due after more than one year	58,954

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

	2014 £
200 Ordinary shares of £1 each	200