BBL Solutions Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04129429 (England and Wales)

BBL Solutions Limited

Trading as

Encompass

Abbreviated Accounts For The Year Ended 31 March 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr G Beale

Mr P Lea

Mr L Cutmore

SECRETARY:

Mr G Beale

REGISTERED OFFICE:

Unit 1

Weston Barns

Hitchin Road

Weston

Hertfordshire

SG4 7AX

REGISTERED NUMBER:

04129429 (England and Wales)

ACCOUNTANTS:

Streets ISA Limited

Building 15

Gateway 1000

Arlington Business Park

Stevenage

Hertfordshire

SG1 2FP

FIXED ASSETS

Tangible assets

2

8,427

8,576

CURRENT ASSETS

Stocks

3,000

5,000

Debtors

90,340

75,256

Cash at bank and in hand

74,382

89,184

167,722

169,440

CREDITORS

Amounts falling due within one year

(122,393

)

(117,992

)

NET CURRENT ASSETS

45,329

51,448

TOTAL ASSETS LESS CURRENT LIABILITIES

53,756

60,024

PROVISIONS FOR LIABILITIES

(955

)

(824

)

NET ASSETS

52,801

59,200

CAPITAL AND RESERVES

Called up share capital

3

15,000

15,000

Profit and loss account

37,801

44,200

SHAREHOLDERS' FUNDS

52,801

59,200

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 27 August 2014 and were signed on its behalf by:

Mr G Beale - Director

Mr P Lea - 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.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% 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 the excess taxation allowances over depreciation on fixed assets.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in

which timing difference reverse, based on the tax rates and laws enacted or substantively enacted at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

40,743

Additions

2,660

At 31 March 2014

43,403

DEPRECIATION

At 1 April 2013

32,167

Charge for year

2,809

At 31 March 2014

34,976

NET BOOK VALUE

At 31 March 2014

8,427

At 31 March 2013

8,576

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2014

2013

value:

£

£

15,000

Ordinary

£1

15,000

15,000