The Baby Group Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 05560802 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2015

for

The Baby Group Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

I C Mills

Mrs C Mills

J Mills

SECRETARY:

Mrs C Mills

REGISTERED OFFICE:

21 Temple Street

Keynsham

Bristol

BS31 1HF

REGISTERED NUMBER:

05560802 (England and Wales)

ACCOUNTANTS:

Moore Stephens

Chartered Accountants

30 Gay Street

Bath

BA1 2PA

FIXED ASSETS

Intangible assets

2

13,692

14,745

Tangible assets

3

34,722

22,535

48,414

37,280

CURRENT ASSETS

Stocks

183,849

183,352

Debtors

30,288

26,237

Investments

14

Cash at bank and in hand

39,129

7,368

253,280

216,971

CREDITORS

Amounts falling due within one year

285,472

266,324

NET CURRENT LIABILITIES

(32,192

)

(49,353

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

16,222

(12,073

)

CREDITORS

Amounts falling due after more than
one year

13,750

-

NET ASSETS/(LIABILITIES)

2,472

(12,073

)

CAPITAL AND RESERVES

Called up share capital

4

3

Profit and loss account

2,469

(12,076

)

SHAREHOLDERS' FUNDS

2,472

(12,073

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 17 June 2016 and were signed on its
behalf by:

I C Mills - 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 April 2008).

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 2009, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

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

at the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

21,064

AMORTISATION

At 1 October 2014

6,319

Amortisation for year

1,053

At 30 September 2015

7,372

NET BOOK VALUE

At 30 September 2015

13,692

At 30 September 2014

14,745

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

60,793

Additions

31,029

Disposals

(26,850

)

At 30 September 2015

64,972

DEPRECIATION

At 1 October 2014

38,258

Charge for year

7,844

Eliminated on disposal

(15,852

)

At 30 September 2015

30,250

NET BOOK VALUE

At 30 September 2015

34,722

At 30 September 2014

22,535

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

3

Ordinary

£1

3

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the company owed £53,966 (2014 - £62,469) to the Directors of the company.

This amount is unsecured, interest free and has no set date for repayment.

The maximum amount owed by the company during the year was £62,469.

The directors of the company have received £24,000 in dividends from the company during the year.