Accounts filed on 31-03-2016

Accounts filed on 31-03-2016

BABBIO LTD - Company Information

Print Friendly Version

BABBIO LTD

Company Registration Number:
08967171 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

BABBIO LTD

Abbreviated Balance sheet

As at 31 March 2016


Notes
2016
£
2015
£
Fixed assets
Total fixed assets: 0 0
Current assets
Stocks: 2,435 1,587
Cash at bank and in hand: 384 375
Total current assets: 2,819 1,962
Creditors: amounts falling due within one year: 2 ( 3,350 ) ( 2,750 )
Net current assets (liabilities): ( 531 ) ( 788 )
Total assets less current liabilities: ( 531 ) ( 788 )
Total net assets (liabilities): ( 531 ) ( 788 )

The notes form part of these financial statements

BABBIO LTD

Balance sheet continued

As at 31 March 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 3 100 100
Profit and loss account: ( 631 ) ( 888 )
Shareholders funds: ( 531 ) ( 788 )

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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 30 November 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Adrian Milewski
Status: Director

The notes form part of these financial statements

BABBIO LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention.

    Turnover policy

    The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

BABBIO LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 2. Creditors: amounts falling due within one year


    2016
    £
    2015
    £
    Other creditors: 3,350 2,750
    Total: 3,350 2,750

BABBIO LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100

BABBIO LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 4. Transactions with directors

    Name of director receiving advance or credit Alan Merriman
    Description of the transaction Loan to Company
    Balance at 01 April 2015 1,549
    Advances or credits made 600
    Balance at 31 March 2016 2,149
    Name of director receiving advance or credit Adrian Milewski
    Description of the transaction Loan to Company
    Balance at 01 April 2015 1,201
    Balance at 31 March 2016 1,201