Blue Cow Hotel Limited - Period Ending 2015-03-31

Registration number: 09023315

Blue Cow Hotel Limited
 
  and Unaudited Abbreviated Accounts
 
  for the Period from 2 May 2014 to 31 March 2015

 

Blue Cow Hotel Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Blue Cow Hotel Limited
(Registration number: 09023315)
Abbreviated Balance Sheet at 31 March 2015

		Note			31 March 2015 £
Fixed assets
Tangible fixed assets		2			40,691
Current assets
Stocks					12,500
Cash at bank and in hand					390
					12,890
Creditors: Amounts falling due within one year					(128,593)
Net current liabilities					(115,703)
Net liabilities					(75,012)
Capital and reserves
Called up share capital		3			2
Profit and loss account					(75,014)
Shareholders' deficit					(75,012)

For the period 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 29 December 2015 and signed on its behalf by:

.........................................
Mr Jasjit Singh Kullar
Director

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

Blue Cow Hotel Limited
Notes to the Abbreviated Accounts for the Period from 2 May 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 company is dependant on the continued financial support from the directors.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

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
Fixtures and fittings	20% straight line basis

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

2	Fixed assets

		Tangible assets £			Total £
Cost
Additions		50,864			50,864
At 31 March 2015		50,864			50,864
Depreciation
Charge for the period		10,173			10,173
At 31 March 2015		10,173			10,173
Net book value
At 31 March 2015		40,691			40,691

Page 2

Blue Cow Hotel Limited
Notes to the Abbreviated Accounts for the Period from 2 May 2014 to 31 March 2015
......... continued

3	Share capital

Allotted, called up and fully paid shares

	31 March 2015
		No.			£
Ordinary shares of £1 each		2			2

New shares allotted

During the period 2 ordinary shares having an aggregate nominal value of £1 were allotted for an aggregate consideration of £2.

4

Control

The company is controlled by The Tall Ostrich Limited. The ultimate controlling party is the directors.

Page 3