Reign Beau Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02242018 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

Reign Beau Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs J H Bottomley

J Bottomley

G J Bottomley

SECRETARY:

Mrs J H Bottomley

REGISTERED OFFICE:

3-2 Sycamore House

Vantage Point Business Village

Mitcheldean

Gloucestershire

GL17 0DD

REGISTERED NUMBER:

02242018 (England and Wales)

ACCOUNTANTS:

Thorne & Co.

Accountants and Registered Auditors

1 St Mary's Street

Ross-on-Wye

Herefordshire

HR9 5HT

FIXED ASSETS

Tangible assets

2

921

977

CURRENT ASSETS

Stocks

468,845

392,574

Debtors

4,218

11,914

Cash at bank

15,550

49,216

488,613

453,704

CREDITORS

Amounts falling due within one year

209,122

227,193

NET CURRENT ASSETS

279,491

226,511

TOTAL ASSETS LESS CURRENT
LIABILITIES

280,412

227,488

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

280,312

227,388

SHAREHOLDERS' FUNDS

280,412

227,488

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 20 September 2016 and were signed on
its behalf by:

G J Bottomley - 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 amounts chargeable, net of value added tax, in respect of the sale of goods and

services to customers.

Tangible fixed assets

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

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

8,937

Additions

654

Disposals

(501

)

At 31 December 2015

9,090

DEPRECIATION

At 1 January 2015

7,960

Charge for year

710

Eliminated on disposal

(501

)

At 31 December 2015

8,169

NET BOOK VALUE

At 31 December 2015

921

At 31 December 2014

977

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

100

Ordinary

£1

100