Abbreviated Company Accounts - ABSTRAKT BEAUTY RAINHAM LIMITED

ABSTRAKT BEAUTY RAINHAM LIMITED - Company Information

08643397 ABSTRAKT BEAUTY RAINHAM LIMITED 2015-08-31 false 2014-09-01 2015-08-31 true 08643397 2014-09-01 2015-08-31 08643397 2015-08-31 08643397 2014-08-31 08643397 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 08643397 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number 08643397

ABSTRAKT BEAUTY RAINHAM LIMITED

Abbreviated Accounts

31 August 2015

ABSTRAKT BEAUTY RAINHAM LIMITED Registered Number 08643397

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets	2	3,000	6,000
Tangible assets	3	2,112	2,846
		5,112	8,846
Current assets
Stocks		4,300	3,150
Debtors		94	2,283
Cash at bank and in hand		3,818	110
		8,212	5,543
Creditors: amounts falling due within one year		(23,265)	(17,961)
Net current assets (liabilities)		(15,053)	(12,418)
Total assets less current liabilities		(9,941)	(3,572)
Total net assets (liabilities)		(9,941)	(3,572)
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		(9,943)	(3,574)
Shareholders' funds		(9,941)	(3,572)

For the year ending 31 August 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 28 April 2016

And signed on their behalf by:
MICHAEL JONES, Director

ABSTRAKT BEAUTY RAINHAM LIMITED Registered Number 08643397

Notes to the Abbreviated Accounts for the period ended 31 August 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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write each asset off over its estimated useful life.
Plant and machinery - 20% on cost

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of three years

2Intangible fixed assets

	£
Cost
At 1 September 2014	9,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	9,000
Amortisation
At 1 September 2014	3,000
Charge for the year	3,000
On disposals	-
At 31 August 2015	6,000
Net book values
At 31 August 2015	3,000
At 31 August 2014	6,000

3Tangible fixed assets

	£
Cost
At 1 September 2014	3,580
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	3,580
Depreciation
At 1 September 2014	734
Charge for the year	734
On disposals	-
At 31 August 2015	1,468
Net book values
At 31 August 2015	2,112
At 31 August 2014	2,846

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2