Abbreviated Company Accounts - GIFTS@BABYWORLD LTD

GIFTS@BABYWORLD LTD - Company Information

05178289 GIFTS@BABYWORLD LTD 2016-07-28 false 2015-07-29 2016-07-28 true 05178289 2015-07-29 2016-07-28 05178289 2016-07-28 05178289 2015-07-28 05178289 uk-gaap-cd-bus:Director1 2015-07-29 2016-07-28 05178289 uk-gaap-cd-bus:Director2 2015-07-29 2016-07-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-29 2016-07-28 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-28 iso4217:GBP shares

Registered Number 05178289

GIFTS@BABYWORLD LTD

Abbreviated Accounts

28 July 2016

GIFTS@BABYWORLD LTD Registered Number 05178289

Abbreviated Balance Sheet as at 28 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	82,545	39,802
		82,545	39,802
Current assets
Stocks		47,742	26,108
Debtors		12,300	9,601
Cash at bank and in hand		1,154	5,447
		61,196	41,156
Creditors: amounts falling due within one year		(117,612)	(43,544)
Net current assets (liabilities)		(56,416)	(2,388)
Total assets less current liabilities		26,129	37,414
Total net assets (liabilities)		26,129	37,414
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		26,128	37,413
Shareholders' funds		26,129	37,414

For the year ending 28 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 27 March 2017

And signed on their behalf by:
S Spitzer, Director

GIFTS@BABYWORLD LTD Registered Number 05178289

Notes to the Abbreviated Accounts for the period ended 28 July 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.

2Tangible fixed assets

	£
Cost
At 29 July 2015	57,491
Additions	57,049
Disposals	-
Revaluations	-
Transfers	-
At 28 July 2016	114,540
Depreciation
At 29 July 2015	17,689
Charge for the year	14,306
On disposals	-
At 28 July 2016	31,995
Net book values
At 28 July 2016	82,545
At 28 July 2015	39,802

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Short Leasehold Properties straight line 10%
Fixtures and Fittings reducing balance 20%
Equipment reducing balance 25%

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

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