Beach Bag Plus Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04018013 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

FOR

BEACH BAG PLUS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs K Morrison

SECRETARY:

A R Morrison

REGISTERED OFFICE:

23 Chantry Lane

Grimsby

N E Lincolnshire

DN31 2LP

REGISTERED NUMBER:

04018013 (England and Wales)

ACCOUNTANTS:

D Flynn Associates Limited

Chartered Certified Accountants

and Business Advisors

23 Chantry Lane

Grimsby

N E Lincolnshire

DN31 2LP

FIXED ASSETS

5,100

Intangible assets

2

8,625

4,482

Tangible assets

3

3,586

9,582

12,211

CURRENT ASSETS

2,785

Stocks

2,496

328

Debtors

9

135

Cash at bank

315

3,248

2,820

CREDITORS

34,748

Amounts falling due within one year

46,534

(31,500

)

NET CURRENT LIABILITIES

(43,714

)

(21,918

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(31,503

)

CAPITAL AND RESERVES

100

Called up share capital

4

100

(22,018

)

Profit and loss account

(31,603

)

(21,918

)

SHAREHOLDERS' FUNDS

(31,503

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 24 March 2016 and were signed by:

Mrs K Morrison - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

6,375

Additions

4,163

At 30 June 2015

10,538

AMORTISATION

At 1 July 2014

1,275

Amortisation for year

638

At 30 June 2015

1,913

NET BOOK VALUE

At 30 June 2015

8,625

At 30 June 2014

5,100

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

and 30 June 2015

7,608

DEPRECIATION

At 1 July 2014

3,126

Charge for year

896

At 30 June 2015

4,022

NET BOOK VALUE

At 30 June 2015

3,586

At 30 June 2014

4,482

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

100

Ordinary

£1

100

100