Abbreviated Company Accounts - BACON LIMITED

Abbreviated Company Accounts - BACON LIMITED

BACON LIMITED - Company Information

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Registered Number 04705211

BACON LIMITED

Abbreviated Accounts

31 March 2015

BACON LIMITED Registered Number 04705211

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 50,000 50,000
Tangible assets 3 2,330 2,735
52,330 52,735
Current assets
Debtors 39,542 48,083
Cash at bank and in hand 271,701 204,960
311,243 253,043
Creditors: amounts falling due within one year (1,960) (1,960)
Net current assets (liabilities) 309,283 251,083
Total assets less current liabilities 361,613 303,818
Total net assets (liabilities) 361,613 303,818
Capital and reserves
Called up share capital 100 100
Profit and loss account 361,513 303,718
Shareholders' funds 361,613 303,818
  • 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 directors acknowledge their 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 Board on 24 December 2015

And signed on their behalf by:
Mrs J Bamford, Director

BACON LIMITED Registered Number 04705211

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
These accounts have been prepared in accordance with the special provisions
relating to small companies within Part 15 of the Companies Act 2006 and with
the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover is the total amount receivable by the company in the ordinary course of
business from outside customers, for services provided and any goods supplied,
excluding VAT.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less deprecation. Depreciation is calculated
on the reducing balance method and aims to write down cost less estimated residual
value of all tangible fixed assets over their expected useful lives. The rates are as
follows:-

Office Equipment 15% Reducing balance

2Intangible fixed assets
£
Cost
At 1 April 2014 50,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 50,000
Amortisation
At 1 April 2014 -
Charge for the year -
On disposals -
At 31 March 2015 -
Net book values
At 31 March 2015 50,000
At 31 March 2014 50,000
3Tangible fixed assets
£
Cost
At 1 April 2014 3,868
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 3,868
Depreciation
At 1 April 2014 1,133
Charge for the year 405
On disposals -
At 31 March 2015 1,538
Net book values
At 31 March 2015 2,330
At 31 March 2014 2,735