Abbreviated Company Accounts - IBOS BARBER LIMITED

Abbreviated Company Accounts - IBOS BARBER LIMITED

IBOS BARBER LIMITED - Company Information

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Registered Number 08584901

IBOS BARBER LIMITED

Abbreviated Accounts

30 June 2015

IBOS BARBER LIMITED Registered Number 08584901

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,693 1,992
1,693 1,992
Current assets
Stocks 130 250
Debtors 7,744 8,071
Cash at bank and in hand 1,976 2,541
9,850 10,862
Creditors: amounts falling due within one year (11,046) (18,569)
Net current assets (liabilities) (1,196) (7,707)
Total assets less current liabilities 497 (5,715)
Total net assets (liabilities) 497 (5,715)
Capital and reserves
Called up share capital 1 1
Profit and loss account 496 (5,716)
Shareholders' funds 497 (5,715)
  • 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 24 March 2016

And signed on their behalf by:
Mr Ahmet Yildirim, Director

IBOS BARBER LIMITED Registered Number 08584901

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 January 2015.

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 and Equipment 15% per annum on a reducing balance basis

2Tangible fixed assets
£
Cost
At 1 July 2014 2,344
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2015 2,344
Depreciation
At 1 July 2014 352
Charge for the year 299
On disposals -
At 30 June 2015 651
Net book values
At 30 June 2015 1,693
At 30 June 2014 1,992