Abbreviated Company Accounts - BRAY HAIR STUDIO LTD

Abbreviated Company Accounts - BRAY HAIR STUDIO LTD


Registered Number 07084443

BRAY HAIR STUDIO LTD

Abbreviated Accounts

31 March 2016

BRAY HAIR STUDIO LTD Registered Number 07084443

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,789 2,386
1,789 2,386
Current assets
Stocks 7,000 7,000
Debtors 4,000 4,000
Cash at bank and in hand 11,798 8,914
22,798 19,914
Creditors: amounts falling due within one year (90,666) (89,062)
Net current assets (liabilities) (67,868) (69,148)
Total assets less current liabilities (66,079) (66,762)
Total net assets (liabilities) (66,079) (66,762)
Capital and reserves
Called up share capital 100 100
Profit and loss account (66,179) (66,862)
Shareholders' funds (66,079) (66,762)
  • For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • 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.

Approved by the Board on 12 September 2016

And signed on their behalf by:
PM Killoran, Director

BRAY HAIR STUDIO LTD Registered Number 07084443

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Turnover policy
Turnover represents invoiced sales excluding vat.

Tangible assets depreciation policy
Tangible assets are depreciated at the rate of 25% per annum on a reducing balance basis.

Valuation information and policy
Stocks are valued at the lower of cost or net realisable value.

2Tangible fixed assets
£
Cost
At 1 April 2015 10,977
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 10,977
Depreciation
At 1 April 2015 8,591
Charge for the year 597
On disposals -
At 31 March 2016 9,188
Net book values
At 31 March 2016 1,789
At 31 March 2015 2,386