Biffcam Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04640304 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016

FOR

BIFFCAM LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr P V Baldwin

Mrs N J Baldwin

SECRETARY:

Mrs N J Baldwin

REGISTERED OFFICE:

54 Thorpe Road

Norwich

Norfolk

NR1 1RY

REGISTERED NUMBER:

04640304 (England and Wales)

FIXED ASSETS

Tangible assets

2

2,623

1,503

CURRENT ASSETS

Debtors

19,227

11,461

Cash at bank

3,964

1,261

23,191

12,722

CREDITORS

Amounts falling due within one year

10,282

10,454

NET CURRENT ASSETS

12,909

2,268

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,532

3,771

PROVISIONS FOR LIABILITIES

525

301

NET ASSETS

15,007

3,470

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

14,907

3,370

SHAREHOLDERS' FUNDS

15,007

3,470

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 17 May 2016 and were signed on its behalf by:

Mr P V Baldwin - 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 services, 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.

Equipment

-

20% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

6,314

Additions

1,776

At 31 January 2016

8,090

DEPRECIATION

At 1 February 2015

4,811

Charge for year

656

At 31 January 2016

5,467

NET BOOK VALUE

At 31 January 2016

2,623

At 31 January 2015

1,503

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2016 and 31 January 2015:

2016

2015

£

Mr P V Baldwin

Balance outstanding at start of year

6,502

28,630

Amounts advanced

3,028

-

Amounts repaid

-

(22,128

)

Balance outstanding at end of year

9,530

6,502

This amount has subsequently been repaid.