Take A Break Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04423305 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Take A Break Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A Cadell

SECRETARY:

Mrs J Cadell

REGISTERED OFFICE:

34 Lambton Court

Peterlee

Co. Durham

SR8 1NG

REGISTERED NUMBER:

04423305 (England and Wales)

ACCOUNTANTS:

KING HOPE

CHARTERED ACCOUNTANTS

18 Scarborough Street

Hartlepool

TS24 7DA

FIXED ASSETS

Intangible assets

2

1

1

Tangible assets

3

1

1

2

2

CURRENT ASSETS

Debtors

6,083

1,327

Cash at bank

7,541

5,439

13,624

6,766

CREDITORS

Amounts falling due within one year

8,113

6,749

NET CURRENT ASSETS

5,511

17

TOTAL ASSETS LESS CURRENT LIABILITIES

5,513

19

CREDITORS

Amounts falling due after more than one year

5,119

-

NET ASSETS

394

19

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

392

17

SHAREHOLDERS' FUNDS

394

19

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 27 May 2016 and were signed by:

A Cadell - 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.

Amortisation

Amortisation is calculated so as to write off the cost of an asset over the useful economic life of that asset as

follows;

Franchise - 5 years

Tangible fixed assets

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

Computer equipment

-

20% on cost

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

2,341

AMORTISATION

At 1 April 2015

and 31 March 2016

2,340

NET BOOK VALUE

At 31 March 2016

1

At 31 March 2015

1

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

1,390

DEPRECIATION

At 1 April 2015

and 31 March 2016

1,389

NET BOOK VALUE

At 31 March 2016

1

At 31 March 2015

1

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

2

Ordinary

1

2

2

5.	RELATED PARTY DISCLOSURES