Abbreviated Company Accounts - 16BRANDS LIMITED

Abbreviated Company Accounts - 16BRANDS LIMITED

16BRANDS LIMITED - Company Information

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Registered Number SC400340

16BRANDS LIMITED

Abbreviated Accounts

31 May 2015

16BRANDS LIMITED Registered Number SC400340

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 6,400 9,600
Tangible assets 3 214 319
6,614 9,919
Current assets
Cash at bank and in hand 99 208
99 208
Creditors: amounts falling due within one year (40,118) (38,618)
Net current assets (liabilities) (40,019) (38,410)
Total assets less current liabilities (33,405) (28,491)
Total net assets (liabilities) (33,405) (28,491)
Capital and reserves
Called up share capital 100 100
Profit and loss account (33,505) (28,591)
Shareholders' funds (33,405) (28,491)
  • 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 25 February 2016

And signed on their behalf by:
S Villiers, Director

16BRANDS LIMITED Registered Number SC400340

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.

2Intangible fixed assets
£
Cost
At 1 June 2014 16,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2015 16,000
Amortisation
At 1 June 2014 6,400
Charge for the year 3,200
On disposals -
At 31 May 2015 9,600
Net book values
At 31 May 2015 6,400
At 31 May 2014 9,600
3Tangible fixed assets
£
Cost
At 1 June 2014 529
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2015 529
Depreciation
At 1 June 2014 210
Charge for the year 105
On disposals -
At 31 May 2015 315
Net book values
At 31 May 2015 214
At 31 May 2014 319