Abbreviated Company Accounts - BRIGHT & BEAUTIFUL UK LIMITED

Abbreviated Company Accounts - BRIGHT & BEAUTIFUL UK LIMITED

BRIGHT & BEAUTIFUL UK LIMITED - Company Information

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Registered Number 06880206

BRIGHT & BEAUTIFUL UK LIMITED

Abbreviated Accounts

30 April 2016

BRIGHT & BEAUTIFUL UK LIMITED Registered Number 06880206

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 40,991 721
40,991 721
Current assets
Stocks 3,120 2,371
Debtors 145,107 89,645
Cash at bank and in hand 103,986 95,321
252,213 187,337
Creditors: amounts falling due within one year (195,495) (110,307)
Net current assets (liabilities) 56,718 77,030
Total assets less current liabilities 97,709 77,751
Total net assets (liabilities) 97,709 77,751
Capital and reserves
Called up share capital 100 100
Profit and loss account 97,609 77,651
Shareholders' funds 97,709 77,751
  • For the year ending 30 April 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 23 January 2017

And signed on their behalf by:
Mrs R Ray, Director

BRIGHT & BEAUTIFUL UK LIMITED Registered Number 06880206

Notes to the Abbreviated Accounts for the period ended 30 April 2016

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 turnover shown in the profit and loss account represents amounts invoiced during the year,
exclusive of Value Added Tax.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:
Motor Vehicles - 33% Straight Line
Equipment - 50% Straight Line

2Tangible fixed assets
£
Cost
At 1 May 2015 5,142
Additions 43,557
Disposals -
Revaluations -
Transfers -
At 30 April 2016 48,699
Depreciation
At 1 May 2015 4,421
Charge for the year 3,287
On disposals -
At 30 April 2016 7,708
Net book values
At 30 April 2016 40,991
At 30 April 2015 721