Bernardium Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08831307 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 January 2016

for

BERNARDIUM LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R G Bernard

Mrs D L Bernard

REGISTERED OFFICE:

20 Sansome Walk

Worcester

WR1 1LR

REGISTERED NUMBER:

08831307 (England and Wales)

ACCOUNTANTS:

Boyds

20 Sansome Walk

Worcester

WR1 1LR

FIXED ASSETS

Tangible assets

2

50,872

-

CURRENT ASSETS

Stocks

2,514

Debtors

-

10,000

Cash at bank

11,911

6,896

14,425

19,410

CREDITORS

Amounts falling due within one year

55,104

18,730

NET CURRENT (LIABILITIES)/ASSETS

(40,679

)

680

TOTAL ASSETS LESS CURRENT
LIABILITIES

10,193

680

PROVISIONS FOR LIABILITIES

10,174

-

NET ASSETS

19

680

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(81

)

580

SHAREHOLDERS' FUNDS

19

680

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

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

R G Bernard - 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 goods, 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.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

67,868

At 31 January 2016

67,868

DEPRECIATION

Charge for year

16,996

At 31 January 2016

16,996

NET BOOK VALUE

At 31 January 2016

50,872

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

70

Class A Ordinary

1

70

30

Class B Ordinary

1

30

100