Believe Corporate Relations Ltd - Period Ending 2015-04-30

Registration number: 03857567

Believe Corporate Relations Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2015
 

Believe Corporate Relations Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Believe Corporate Relations Ltd
(Registration number: 03857567)
Abbreviated Balance Sheet at 30 April 2015

		Note			2015 £			2014 £
Fixed assets
Intangible fixed assets					2,664			2,997
Tangible fixed assets					4,607			363
					7,271			3,360
Current assets
Debtors					77,331			48,475
Cash at bank and in hand					85,073			97,500
					162,404			145,975
Creditors: Amounts falling due within one year					(116,601)			(133,133)
Net current assets					45,803			12,842
Net assets					53,074			16,202
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					53,073			16,201
Shareholders' funds					53,074			16,202

For the year ending 30 April 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 her 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 28 January 2016

.........................................
Ms H Jackson
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
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Believe Corporate Relations Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 April 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).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of services to customers. Revenue is recognised at the time the service is provided.

Amortisation

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

Asset class	Amortisation method and rate
Trademarks	10% on cost

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	15% reducing balance / 33% on cost
Office equipment	33% on cost

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

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Believe Corporate Relations Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 April 2015
......... continued

2	Fixed assets

		Intangible assets £			Tangible assets £			Total £
Cost
At 1 May 2014		3,330			11,570			14,900
Additions		-			6,450			6,450
At 30 April 2015		3,330			18,020			21,350
Depreciation
At 1 May 2014		333			11,207			11,540
Charge for the year		333			2,206			2,539
At 30 April 2015		666			13,413			14,079
Net book value
At 30 April 2015		2,664			4,607			7,271
At 30 April 2014		2,997			363			3,360

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		1			1			1			1

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