Be Good Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05216503 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2016

for

BE GOOD LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs S E Baldock

REGISTERED OFFICE:

Smith Pearman

Hurst House

High Street

Ripley

Surrey

GU23 6AZ

REGISTERED NUMBER:

05216503 (England and Wales)

ACCOUNTANTS:

Shipleys LLP

Chartered Accountants

3 Godalming Business Centre

Woolsack Way

Godalming

Surrey

GU7 1XW

FIXED ASSETS

Tangible assets

2

7,682

5,193

CURRENT ASSETS

Stocks

41,205

-

Debtors

421,436

33,840

Cash at bank and in hand

294,714

184,798

757,355

218,638

CREDITORS

Amounts falling due within one year

672,091

44,497

NET CURRENT ASSETS

85,264

174,141

TOTAL ASSETS LESS CURRENT
LIABILITIES

92,946

179,334

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

92,945

179,333

SHAREHOLDERS' FUNDS

92,946

179,334

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 12 January 2017 and were signed by:

Mrs S E Baldock - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services,excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

15,951

Additions

5,050

At 31 August 2016

21,001

DEPRECIATION

At 1 September 2015

10,758

Charge for year

2,561

At 31 August 2016

13,319

NET BOOK VALUE

At 31 August 2016

7,682

At 31 August 2015

5,193

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1