Abbreviated Company Accounts - BELGARION LIMITED

Registered Number 09480231

BELGARION LIMITED

Abbreviated Accounts

31 March 2016

BELGARION LIMITED Registered Number 09480231

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016
		£
Fixed assets
Tangible assets	2	1,080
		1,080
Current assets
Stocks		9,000
Cash at bank and in hand		16,999
		25,999
Creditors: amounts falling due within one year		(6,545)
Net current assets (liabilities)		19,454
Total assets less current liabilities		20,534
Creditors: amounts falling due after more than one year		(17,934)
Total net assets (liabilities)		2,600
Capital and reserves
Called up share capital		2
Profit and loss account		2,598
Shareholders' funds		2,600

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.

Approved by the Board on 8 December 2016

And signed on their behalf by:
Mr A R J Sumpter, Director

BELGARION LIMITED Registered Number 09480231

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

1Accounting Policies

Basis of measurement and preparation of accounts
These accounts have been prepared in accordance with the special provisions
relating to small companies within Part 15 of the Companies Act 2006 and with
the Financial Reporting Standard for Smaller Entities (effective April 2008)

Turnover policy
Turnover is the total amount receivable by the company in the ordinary course of
business from outside customers for services provided and any goods supplied
excluding VAT The turnover and operating costs are attributable to the principal
activity of the business being that of general construction

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is calculated
on the reducing balance method and aims to write down cost less estimated residual
value of all tangible fixed assets over their expected useful lives. The rates are as
follows:-

Furniture and Fixtures 15%

Other accounting policies
Stocks and work in progress are valued at the lower of cost and net realisable value
after making due allowance for obsolete and slow-moving stocks. Cost includes all
direct costs and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets

	£
Cost
Additions	1,268
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	1,268
Depreciation
Charge for the year	188
On disposals	-
At 31 March 2016	188
Net book values
At 31 March 2016	1,080