Bon Bon (Birmingham) Limited,Ltd - Accounts

BON BON (BIRMINGHAM) LIMITED - Company Information

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Bon Bon (Birmingham) Limited

For the year ended 31 March 2016

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 06060525

Bon Bon (Birmingham) Limited

Accountants' Report

For the year ended 31 March 2016

As described on the balance sheet you are responsible for the preparation of the financial statements for the year

ended 31 March 2016 and you consider that the company is exempt from an audit under the Companies Act 2006.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to

fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.

R Pyatt FCA

Jaguar House

Cecil Street

Birmingham

B19 3ST

14 July 2016

Dated:

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Abbreviated Balance Sheet

Bon Bon (Birmingham) Limited

As at 31 March 2016

06060525

Registered Number :

2016

Notes

2015

Fixed assets

Intangible assets

124,999

Tangible assets

16,861

12,422

141,860

137,421

Current assets

Stocks

5,969

4,728

Debtors

13,676

19,701

Cash at bank and in hand

8,460

9,406

32,889

29,051

Creditors: amounts falling due within one year

(75,926)

(108,230)

(46,875)

(75,341)

Net current liabilities

Total assets less current liabilities

66,519

90,546

(6,681)

(4,808)

Provisions for liabilities

59,838

Net assets

85,738

Capital and reserves

Called up share capital

Profit and loss account

59,836

85,736

59,838

85,738

Shareholders funds

For the year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) 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.

Date approved by the board: 14 July 2016

John Wilson Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

Bon Bon (Birmingham) Limited

For the year ended 31 March 2016

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Deferred taxation

Deferred taxation is recognised on timing differences between the carrying values of assets and liabilities for accounting purposes and the amounts used for taxation purposes. The amount of deferred tax provided is based on the tax rates that are expected to apply at the balance sheet date. Deferred tax is not discounted.

Goodwill

Amortisation of goodwill is not provided as the value is not anticipated to diminish in the foreseeable future. The

directors value the goodwill on an annual basis to ensure the value reported in the accounts is in line with the original

cost.Should there be an impairment then this will be written off and charged to the profit and loss account in the

appropriate year. In this respect the accounts do not comply with the FRSSE.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Leasehold Costs

100% Per annum on cost

Fixtures and Fittings

15% Reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value.

2 Intangible fixed assets

Cost or valuation

Intangible

fixed assets

At 01 April 2015

124,999

At 31 March 2016

124,999

Net Book Values

At 31 March 2016

124,999

At 31 March 2015

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Notes to the Abbreviated Financial Statements

Bon Bon (Birmingham) Limited

For the year ended 31 March 2016

3 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

36,511

At 01 April 2015

7,414

Additions

At 31 March 2016

43,925

Depreciation

24,089

At 01 April 2015

2,975

Charge for year

27,064

At 31 March 2016

Net book values

At 31 March 2016

16,861

12,422

At 31 March 2015

4 Share capital

Allotted called up and fully paid

2016

2015

2 Ordinary shares of £1.00 each

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