Abbreviated Company Accounts - JAMES BEARD LIMITED

JAMES BEARD LIMITED - Company Information

07708869 JAMES BEARD LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 07708869 2015-08-01 2016-07-31 07708869 2016-07-31 07708869 2015-07-31 07708869 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 07708869 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 07708869

JAMES BEARD LIMITED

Abbreviated Accounts

31 July 2016

JAMES BEARD LIMITED Registered Number 07708869

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	90	309
		90	309
Current assets
Debtors		4,032	4,019
Cash at bank and in hand		102,854	161,638
		106,886	165,657
Creditors: amounts falling due within one year		(42,850)	(39,404)
Net current assets (liabilities)		64,036	126,253
Total assets less current liabilities		64,126	126,562
Total net assets (liabilities)		64,126	126,562
Capital and reserves
Called up share capital	3	10	10
Profit and loss account		64,116	126,552
Shareholders' funds		64,126	126,562

For the year ending 31 July 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 31 October 2016

And signed on their behalf by:
J Beard, Director

JAMES BEARD LIMITED Registered Number 07708869

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment - 25% Straight line basis

2Tangible fixed assets

	£
Cost
At 1 August 2015	874
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	874
Depreciation
At 1 August 2015	565
Charge for the year	219
On disposals	-
At 31 July 2016	784
Net book values
At 31 July 2016	90
At 31 July 2015	309

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
10 Ordinary shares of £1 each	10	10