The Bran Tub (Malvern) Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04680098 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2014

for

THE BRAN TUB (MALVERN) LIMITED

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

FIXED ASSETS

Intangible assets

2

13,500

15,000

Tangible assets

3

10,347

12,415

23,847

27,415

CURRENT ASSETS

Stocks

25,235

21,231

Debtors

1,981

794

Cash at bank and in hand

57,010

39,131

84,226

61,156

CREDITORS

Amounts falling due within one year

100,099

73,966

NET CURRENT LIABILITIES

(15,873

)

(12,810

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,974

14,605

CREDITORS

Amounts falling due after more than one year

5,402

8,221

NET ASSETS

2,572

6,384

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

2,571

6,383

SHAREHOLDERS' FUNDS

2,572

6,384

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 30 September 2014 and were signed by:

Miss T J Gamlen - 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 2003, 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

-

25% on reducing balance

Computer equipment

-

33% on cost

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 April 2013

and 31 March 2014

30,000

AMORTISATION

At 1 April 2013

15,000

Amortisation for year

1,500

At 31 March 2014

16,500

NET BOOK VALUE

At 31 March 2014

13,500

At 31 March 2013

15,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

31,268

Additions

779

At 31 March 2014

32,047

DEPRECIATION

At 1 April 2013

18,853

Charge for year

2,847

At 31 March 2014

21,700

NET BOOK VALUE

At 31 March 2014

10,347

At 31 March 2013

12,415

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1