Bookbank Limited - Period Ending 2015-03-31

Registration number: 07751984

Bookbank Limited

Unaudited Abbreviated Accounts

for the Period from 1 September 2014 to 31 March 2015

 

Bookbank Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Bookbank Limited
(Registration number: 07751984)
Abbreviated Balance Sheet at 31 March 2015

		Note			31 March 2015 £			31 August 2014 £
Fixed assets
Tangible fixed assets					768			995
Current assets
Stocks					5,000			5,000
Debtors					2,602			7,827
Cash at bank and in hand					3,639			10,653
					11,241			23,480
Creditors: Amounts falling due within one year					(38,560)			(43,170)
Net current liabilities					(27,319)			(19,690)
Net liabilities					(26,551)			(18,695)
Capital and reserves
Called up share capital		3			1,000			1,000
Profit and loss account					(27,551)			(19,695)
Shareholders' deficit					(26,551)			(18,695)

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 5 August 2015

.........................................
Mr Philip Basil Blackwell
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Bookbank Limited
Notes to the Abbreviated Accounts for the Period from 1 September 2014 to 31 March 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Going concern

The financial statements have been prepared on a going concern basis as profits are anticipated in the future following a post year end business reorganisation. Until such time the company has the continuing support of its creditors.

Turnover

Turnover represents the amount receivable for the provision of services falling within the company's ordinary activities, excluding value added tax

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	25% per annum on a straight line basis

Stock

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

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 September 2014		1,556			1,556
At 31 March 2015		1,556			1,556
Depreciation
At 1 September 2014		561			561
Charge for the period		227			227
At 31 March 2015		788			788
Net book value
At 31 March 2015		768			768
At 31 August 2014		995			995

Page 2

Bookbank Limited
Notes to the Abbreviated Accounts for the Period from 1 September 2014 to 31 March 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	31 March 2015						31 August 2014
		No.			£			No.			£
Ordinary Share Capital of £1 each		1,000			1,000			1,000			1,000

Page 3