Abbreviated Company Accounts - BILLAZE LIMITED

01724065 BILLAZE LIMITED 2015-06-30 false 2014-07-01 2015-06-30 true 01724065 2014-07-01 2015-06-30 01724065 2015-06-30 01724065 2014-06-30 01724065 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 01724065 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 01724065

BILLAZE LIMITED

Abbreviated Accounts

30 June 2015

BILLAZE LIMITED Registered Number 01724065

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	132,734	141,029
Tangible assets	3	636,833	647,519
Investments	4	122,350	124,682
		891,917	913,230
Current assets
Stocks		77,144	62,294
Debtors		543,075	515,696
Cash at bank and in hand		144,900	128,878
		765,119	706,868
Creditors: amounts falling due within one year	5	(480,840)	(331,270)
Net current assets (liabilities)		284,279	375,598
Total assets less current liabilities		1,176,196	1,288,828
Creditors: amounts falling due after more than one year	5	(386,708)	(425,694)
Provisions for liabilities		(37,632)	(81,318)
Total net assets (liabilities)		751,856	781,816
Capital and reserves
Called up share capital	6	100	100
Profit and loss account		751,756	781,716
Shareholders' funds		751,856	781,816

For the year ending 30 June 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 31 March 2016

And signed on their behalf by:
K Rajani, Director

BILLAZE LIMITED Registered Number 01724065

Notes to the Abbreviated Accounts for the period ended 30 June 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 sale proceeds net of value added tax.

Valuation information and policy
Stocks
Stocks are stated at lower of cost and net realisable value established by independent valuers,
Messrs Essen Valuers who provide these services to the retail pharmaceutical industry. This is based on the stock take carried out by them.

2Intangible fixed assets

	£
Cost
At 1 July 2014	210,983
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	210,983
Amortisation
At 1 July 2014	69,954
Charge for the year	8,295
On disposals	-
At 30 June 2015	78,249
Net book values
At 30 June 2015	132,734
At 30 June 2014	141,029

3Tangible fixed assets

	£
Cost
At 1 July 2014	781,174
Additions	13,996
Disposals	(45,650)
Revaluations	-
Transfers	-
At 30 June 2015	749,520
Depreciation
At 1 July 2014	133,655
Charge for the year	15,679
On disposals	(36,647)
At 30 June 2015	112,687
Net book values
At 30 June 2015	636,833
At 30 June 2014	647,519

4Fixed assets Investments
Enterprise Zone Investment is included at cost less its depreciation.

5Creditors

	2015 £	2014 £
Non-instalment debts due after 5 years	386,708	425,694

6Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100