Abbreviated Company Accounts - BASS BAGS LIMITED

Abbreviated Company Accounts - BASS BAGS LIMITED


Registered Number 08374795

BASS BAGS LIMITED

Abbreviated Accounts

31 March 2014

BASS BAGS LIMITED Registered Number 08374795

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014
£
Fixed assets
Tangible assets 2 17,375
17,375
Current assets
Stocks 10,298
Debtors 3 5,261
Cash at bank and in hand 2,838
18,397
Creditors: amounts falling due within one year (39,123)
Net current assets (liabilities) (20,726)
Total assets less current liabilities (3,351)
Total net assets (liabilities) (3,351)
Capital and reserves
Called up share capital 4 100
Profit and loss account (3,451)
Shareholders' funds (3,351)
  • For the year ending 31 March 2014 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 23 October 2014

And signed on their behalf by:
David Morgan, Director

BASS BAGS LIMITED Registered Number 08374795

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The company's turnover represents the value, excluding value added tax, of sales and services provided to customers during the period

2Tangible fixed assets
£
Cost
Additions 22,016
Disposals -
Revaluations -
Transfers -
At 31 March 2014 22,016
Depreciation
Charge for the year 4,641
On disposals -
At 31 March 2014 4,641
Net book values
At 31 March 2014 17,375
3Debtors

Trade Debtors 4,632
VAT 629
Total 5,261

4Called Up Share Capital
Allotted, called up and fully paid:
2014
£
100 Ordinary shares of £1 each 100