Blood & Milk Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08289144 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2015

FOR

BLOOD & MILK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr R F Loveless

Mr E G Loveless

SECRETARY:

Mr J Roddison FCA

REGISTERED OFFICE:

51 Clarkegrove Road

Sheffield

S10 2NH

REGISTERED NUMBER:

08289144 (England and Wales)

ACCOUNTANTS:

Brown McLeod Limited

Chartered Accountants

51 Clarkegrove Road

Sheffield

South Yorkshire

S10 2NH

FIXED ASSETS

Tangible assets

2

902

997

CURRENT ASSETS

Debtors

10,720

93,844

Cash at bank and in hand

68,399

15,402

79,119

109,246

CREDITORS

Amounts falling due within one year

79,982

109,532

NET CURRENT LIABILITIES

(863

)

(286

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

39

711

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

37

709

SHAREHOLDERS' FUNDS

39

711

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 26 April 2016 and were signed on its behalf by:

Mr E G Loveless - 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.

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

-

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

1,609

Additions

207

At 30 November 2015

1,816

DEPRECIATION

At 1 December 2014

612

Charge for year

302

At 30 November 2015

914

NET BOOK VALUE

At 30 November 2015

902

At 30 November 2014

997

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.15

30.11.14

value:

£

2

Ordinary

£1

2

4.	ULTIMATE PARENT COMPANY

Mad Mark Limited is regarded by the directors as being the company's ultimate parent company.