Blueline Enterprise Limited - Abbreviated accounts

Registered number

07444437

Blueline Enterprise Limited

Abbreviated Accounts

31 December 2014

Blueline Enterprise Limited
Registered number:		07444437
Abbreviated Balance Sheet
as at 31 December 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		187			249

Current assets
Stocks		4,190			4,190
Debtors		3,970			-
Cash at bank and in hand		21,392			13,449
		29,552			17,639

Creditors: amounts falling due within one year		(21,330)			(18,137)

Net current assets/(liabilities)			8,222			(498)

Net assets/(liabilities)			8,409			(249)

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			8,309			(349)

Shareholder's funds			8,409			(249)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mr. L Varsani
Director
Approved by the board on 21 July 2015

Blueline Enterprise Limited
Notes to the Abbreviated Accounts
for the year ended 31 December 2014

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			25% reducing balance

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	At 1 January 2014					591
	At 31 December 2014					591

	Depreciation
	At 1 January 2014					342
	Charge for the year					62
	At 31 December 2014					404

	Net book value
	At 31 December 2014					187
	At 31 December 2013					249


3	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100