Blue Bay Travel Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05343019 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2015

for

Blue Bay Travel Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr S D Wilson

Mrs A L Wilson

SECRETARY:

Mrs A L Wilson

REGISTERED OFFICE:

Unit A4

Bellringer Road

Stoke on Trent

Staffordshire

ST4 8GB

REGISTERED NUMBER:

05343019 (England and Wales)

ACCOUNTANTS:

Rice & Co Limited

Chartered Accountants

14a Market Place

Uttoxeter

Staffordshire

ST14 8HP

FIXED ASSETS

Intangible assets

2

-

246

Tangible assets

3

72,919

91,510

72,919

91,756

CURRENT ASSETS

Debtors

63,798

69,049

Cash at bank and in hand

2,434,771

2,119,216

2,498,569

2,188,265

CREDITORS

Amounts falling due within one year

452,179

575,752

NET CURRENT ASSETS

2,046,390

1,612,513

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,119,309

1,704,269

PROVISIONS FOR LIABILITIES

6,083

9,444

NET ASSETS

2,113,226

1,694,825

CAPITAL AND RESERVES

Called up share capital

4

30,100

Profit and loss account

2,083,126

1,664,725

SHAREHOLDERS' FUNDS

2,113,226

1,694,825

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 14 April 2016 and were signed on its
behalf by:

Mr S D Wilson - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Goodwill has been fully amortised during the year.

Tangible fixed assets

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

Office unit

-

4% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

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

the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at

the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of

exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at

the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

29,500

AMORTISATION

At 1 January 2015

29,254

Amortisation for year

246

At 31 December 2015

29,500

NET BOOK VALUE

At 31 December 2015

-

At 31 December 2014

246

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

180,936

Additions

3,727

At 31 December 2015

184,663

DEPRECIATION

At 1 January 2015

89,426

Charge for year

22,318

At 31 December 2015

111,744

NET BOOK VALUE

At 31 December 2015

72,919

At 31 December 2014

91,510

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

30,100