Abbreviated Company Accounts - B4 DRY CLEANING LIMITED

Abbreviated Company Accounts - B4 DRY CLEANING LIMITED

B4 DRY CLEANING LIMITED - Company Information

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Registered Number 04206130

B4 DRY CLEANING LIMITED

Abbreviated Accounts

31 May 2015

B4 DRY CLEANING LIMITED Registered Number 04206130

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 1 1
Tangible assets 3 7,409 9,099
7,410 9,100
Current assets
Stocks 1,699 2,636
Debtors 1,769 1,769
Cash at bank and in hand 5,153 4,251
8,621 8,656
Creditors: amounts falling due within one year (12,535) (15,055)
Net current assets (liabilities) (3,914) (6,399)
Total assets less current liabilities 3,496 2,701
Total net assets (liabilities) 3,496 2,701
Capital and reserves
Called up share capital 3 3
Profit and loss account 3,493 2,698
Shareholders' funds 3,496 2,701
  • For the year ending 31 May 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 17 February 2016

And signed on their behalf by:
Mr I O Daniels, Director

B4 DRY CLEANING LIMITED Registered Number 04206130

Notes to the Abbreviated Accounts for the period ended 31 May 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.
Fixtures, fittings & equipment 15% reducing balance basis
Motor van 25% reducing balance basis

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Intangible fixed assets
£
Cost
At 1 June 2014 8,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2015 8,000
Amortisation
At 1 June 2014 7,999
Charge for the year -
On disposals -
At 31 May 2015 7,999
Net book values
At 31 May 2015 1
At 31 May 2014 1
3Tangible fixed assets
£
Cost
At 1 June 2014 60,359
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2015 60,359
Depreciation
At 1 June 2014 51,260
Charge for the year 1,690
On disposals -
At 31 May 2015 52,950
Net book values
At 31 May 2015 7,409
At 31 May 2014 9,099