Bead Time Limited - Limited company - abbreviated - 11.0.0
Bead Time Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Accounts |
| for the Year Ended 31 October 2014 |
| for |
| BEAD TIME LIMITED |
| BEAD TIME LIMITED (REGISTERED NUMBER: 07038854) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 October 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| BEAD TIME LIMITED |
| Company Information |
| for the Year Ended 31 October 2014 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BEAD TIME LIMITED (REGISTERED NUMBER: 07038854) |
| Abbreviated Balance Sheet |
| 31 October 2014 |
| 31.10.14 | 31.10.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| BEAD TIME LIMITED (REGISTERED NUMBER: 07038854) |
| Abbreviated Balance Sheet - continued |
| 31 October 2014 |
| The financial statements were approved by the Board of Directors on signed on its behalf by: |
| BEAD TIME LIMITED (REGISTERED NUMBER: 07038854) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 October 2014 |
| 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 |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance |
| for obsolete and slow moving items. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange |
| ruling at the balance sheet date. Transactions in foreign currencies are translated into |
| sterling at the rate of exchange ruling at the date of transaction. Exchange differences are |
| taken into account in arriving at the operating result. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight |
| line basis over the period of the lease. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 November 2013 |
| Additions |
| At 31 October 2014 |
| DEPRECIATION |
| At 1 November 2013 |
| Charge for year |
| At 31 October 2014 |
| NET BOOK VALUE |
| At 31 October 2014 |
| At 31 October 2013 |
| BEAD TIME LIMITED (REGISTERED NUMBER: 07038854) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 October 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.10.14 | 31.10.13 |
| value: | £ | £ |
| A Class Ordinary | £1 |
| B Class Ordinary | £1 |
| C Class Ordinary | £1 |
| D Class Ordinary | £1 |
| E Class Ordinary | £1 |
| 101 | 100 |
| The following shares were issued during the year for cash at par : |
| 4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| At the balance sheet date, the company owed the directors, Ms G Ferris an amount |
| £316,415 (2013: £262,230). |