Bygones of Bridlington Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06715939 (England and Wales)

BYGONES OF BRIDLINGTON LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P Arnett

SECRETARY:

REGISTERED OFFICE:

20 Bridge Street

Bridlington

YO15 3AJ

REGISTERED NUMBER:

06715939 (England and Wales)

ACCOUNTANTS:

CMC Accountants (GB) Limited

3 Melton Park

Redcliff Road

Melton

East Yorkshire

HU14 3RS

CURRENT ASSETS

Stocks

74,200

79,072

Cash in hand

-

4,256

74,200

83,328

CREDITORS

Amounts falling due within one year

59,446

66,355

NET CURRENT ASSETS

14,754

16,973

TOTAL ASSETS LESS CURRENT
LIABILITIES

14,754

16,973

ACCRUALS AND DEFERRED INCOME

5,080

7,299

NET ASSETS

9,674

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

9,574

SHAREHOLDERS' FUNDS

9,674

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

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

The director acknowledges his 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 director on 8 February 2016 and were signed by:

P Arnett - 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.

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.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100