| B & O LEISURE LIMITED |
| Registered number: |
07810559 |
| Abbreviated Balance Sheet |
| as at 30 September 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
38,178 |
|
|
42,107 |
|
| Current assets |
| Stocks |
|
|
1,000 |
|
|
1,000 |
| Cash at bank and in hand |
|
|
2,692 |
|
|
138 |
|
|
|
3,692 |
|
|
1,138 |
|
| Creditors: amounts falling due within one year |
|
|
(8,768) |
|
|
(9,040) |
|
| Net current liabilities |
|
|
|
(5,076) |
|
|
(7,902) |
|
| Total assets less current liabilities |
|
|
|
33,102 |
|
|
34,205 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(18,345) |
|
|
(24,144) |
|
|
|
| Net assets |
|
|
|
14,757 |
|
|
10,061 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
14,657 |
|
|
9,961 |
|
| Shareholders' funds |
|
|
|
14,757 |
|
|
10,061 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their 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 N Brewer |
| Director |
| Approved by the board on 26 October 2015 |
|
| B & O LEISURE LIMITED |
| Notes to the Abbreviated Accounts |
| for the period ended 30 September 2014 |
|
| 1 |
Accounting policies |
|
|
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. |
|
|
Equipment |
15% Reducing balance |
|
Motor vehicles |
20% 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 November 2013 |
57,236 |
|
Additions |
2,808 |
|
At 30 September 2014 |
60,044 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2013 |
15,129 |
|
Charge for the period |
6,737 |
|
At 30 September 2014 |
21,866 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2014 |
38,178 |
|
At 31 October 2013 |
42,107 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
