Bibby Ventures Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06241744 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2015

for

Bibby Ventures Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P J Bibby

REGISTERED OFFICE:

Yanco House

Monks Ferry

Birkenhead

Wirral

CH41 5LH

REGISTERED NUMBER:

06241744 (England and Wales)

ACCOUNTANTS:

Haines Watts

3rd Floor

Pacific Chambers

11-13 Victoria Street

Liverpool

Merseyside

L2 5QQ

FIXED ASSETS

Intangible assets

2

59,638

119,278

CURRENT ASSETS

Debtors

3

800,271

814,005

Cash at bank

113,232

58,654

913,503

872,659

CREDITORS

Amounts falling due within one year

11,941

9,059

NET CURRENT ASSETS

901,562

863,600

TOTAL ASSETS LESS CURRENT LIABILITIES

961,200

982,878

CREDITORS

Amounts falling due after more than one year

1,032,500

1,039,500

NET LIABILITIES

(71,300

)

(56,622

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

(71,400

)

(56,722

)

SHAREHOLDERS' FUNDS

(71,300

)

(56,622

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 16 November 2015 and were signed by:

P J Bibby - 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 services, excluding value added tax.

Development costs

Development costs are amortised on a straight line basis over five years.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

298,198

AMORTISATION

At 1 October 2014

178,920

Amortisation for year

59,640

At 30 September 2015

238,560

NET BOOK VALUE

At 30 September 2015

59,638

At 30 September 2014

119,278

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 724,000 (30.9.14 - £ 770,000 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

£

100

Ordinary

£1

100

100