Bow Street Antiques Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 00764013 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

Bow Street Antiques Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr H E House

SECRETARY:

Mr L M Anderson

REGISTERED OFFICE:

107 North Street

Martock

Somerset

TA12 6EJ

REGISTERED NUMBER:

00764013 (England and Wales)

ACCOUNTANTS:

Read & Co.

107 North Street

Martock

Somerset

TA12 6EJ

BANKERS:

Barclays Bank plc

King George Street

Yeovil

Somerset

BA20 1PX

FIXED ASSETS

Tangible assets

2

32,674

34,036

CURRENT ASSETS

Debtors

1,249

1,209

Cash at bank

68,361

62,068

69,610

63,277

CREDITORS

Amounts falling due within one year

13,056

11,308

NET CURRENT ASSETS

56,554

51,969

TOTAL ASSETS LESS CURRENT LIABILITIES

89,228

86,005

CAPITAL AND RESERVES

Called up share capital

3

200

200

Revaluation reserve

675

675

Profit and loss account

88,353

85,130

SHAREHOLDERS' FUNDS

89,228

86,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 26 September 2016 and were signed by:

Mr H E House - 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.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

68,076

DEPRECIATION

At 1 July 2015

34,040

Charge for year

1,362

At 30 June 2016

35,402

NET BOOK VALUE

At 30 June 2016

32,674

At 30 June 2015

34,036

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

£

200

Ordinary Shares

1

200

200