Accounts filed on 31-05-2016

Accounts filed on 31-05-2016

CAROLINE BELL LTD - Company Information

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CAROLINE BELL LTD

Company Registration Number:
04734454 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 June 2015

End date: 31 May 2016

CAROLINE BELL LTD

Abbreviated Balance sheet

As at 31 May 2016


Notes
2016
£
2015
£
Fixed assets
Intangible assets: 2 0 27,417
Tangible assets: 3 0 577
Total fixed assets: 0 27,994
Current assets
Stocks: 0 0
Debtors: 4 45,184 20,532
Cash at bank and in hand: 8,231 4,623
Total current assets: 53,415 25,155
Creditors: amounts falling due within one year: 5 ( 26,472 ) ( 37,899 )
Net current assets (liabilities): 26,943 ( 12,744 )
Total assets less current liabilities: 26,943 15,250
Creditors: amounts falling due after more than one year: 0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 26,943 15,250

The notes form part of these financial statements

CAROLINE BELL LTD

Balance sheet continued

As at 31 May 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 6 1 1
Revaluation reserve: 0 0
Profit and loss account: 26,942 15,249
Shareholders funds: 26,943 15,250

For the year ending 31 May 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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 31 October 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Caroline Bell
Status: Director

The notes form part of these financial statements

CAROLINE BELL LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective Janaury 2015)

    Turnover policy

    Turnover represent work undertaken during the financial period

    Tangible fixed assets depreciation policy

    Depreciation is provided at 25% on reducing value in order to write off each asset over its estimated useful life. However in this year the tangible fixed assets have been written off in full.

    Intangible fixed assets amortisation policy

    Goodwill was acquired on the acquisition of the sole trading business previously carried on by the director and as this is connected goodwill it is not being written off. The goodwill was sold on the 1st February 2016 although the business continued to trade.

    Other accounting policies

    Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

CAROLINE BELL LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 2. Intangible assets

    Total
    Cost £
    01 June 2015: 27,800
    Additions: 0
    Disposals: ( 27,800 )
    Revaluations: 0
    Transfers: 0
    31 May 2016: 0
    Amortisation
    01 June 2015: 383
    Provided during the period: 0
    On disposals: ( 383 )
    Other Adjustments: 0
    31 May 2016: 0
    Net book value
    31 May 2016: 0
    31 May 2015: 27,417

CAROLINE BELL LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 3. Tangible assets

    Total
    Cost £
    01 June 2015: 4,843
    Additions: 0
    Disposals: ( 4,843 )
    Revaluations: 0
    Transfers: 0
    31 May 2016: 0
    Depreciation
    01 June 2015: 4,266
    Charge for year: 0
    On disposals: ( 4,266 )
    Other adjustments: 0
    31 May 2016: 0
    Net book value
    31 May 2016: 0
    31 May 2015: 577

CAROLINE BELL LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 4. Debtors


    2016
    £
    2015
    £
    Trade debtors: 44,795 19,120
    Prepayments and accrued income: 389 1,412
    Other debtors: 0 0
    Total: 45,184 20,532

CAROLINE BELL LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 5. Creditors: amounts falling due within one year


    2016
    £
    2015
    £
    Bank loans and overdrafts: 0 0
    Amounts due under finance leases and hire purchase contracts: 0 0
    Trade creditors: 0 0
    Taxation and social security: 5,922 3,894
    Accruals and deferred income: 0 0
    Other creditors: 20,550 34,005
    Total: 26,472 37,899

CAROLINE BELL LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 6. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0 0.00 0
    Total share capital (£): 1
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0 0.00 0
    Total share capital (£): 1