Abbreviated Company Accounts - FIRST CHOICE (BURY) LTD

FIRST CHOICE (BURY) LTD - Company Information

Registered Number 07990944

FIRST CHOICE (BURY) LTD

Abbreviated Accounts

31 March 2015

FIRST CHOICE (BURY) LTD Registered Number 07990944

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	61,920	88,380
		61,920	88,380
Current assets
Stocks		238,541	246,337
Debtors		25,415	10,950
Cash at bank and in hand		11,251	3,574
		275,207	260,861
Creditors: amounts falling due within one year		(176,235)	(279,960)
Net current assets (liabilities)		98,972	(19,099)
Total assets less current liabilities		160,892	69,281
Total net assets (liabilities)		160,892	69,281
Capital and reserves
Called up share capital		2	2
Profit and loss account		160,890	69,279
Shareholders' funds		160,892	69,281

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 30 September 2015

And signed on their behalf by:
AZAM MUHAMMAD, Director

FIRST CHOICE (BURY) LTD Registered Number 07990944

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
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.

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

Plant and machinery 20% straight line
Motor vehicles 20% straight line
Office Equipment 20% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2014	132,300
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	132,300
Depreciation
At 1 April 2014	43,920
Charge for the year	26,460
On disposals	-
At 31 March 2015	70,380
Net book values
At 31 March 2015	61,920
At 31 March 2014	88,380