Bonita Management Limited - Period Ending 2014-03-31

Registration number: 08038011

Bonita Management Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2014
 

ASL Accountants
23 Kestrel Road
Kempshott
Basingstoke
Hampshire
RG22 5PE

Bonita Management Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Bonita Management Limited
(Registration number: 08038011)
Abbreviated Balance Sheet at 31 March 2014

		Note			2014 £			2013 £
Fixed assets
Tangible fixed assets					258			345
Current assets
Stocks					1,400			-
Debtors					125			-
Cash at bank and in hand					1,515			802
					3,040			802
Creditors: Amounts falling due within one year					(4,028)			(3,233)
Net current liabilities					(988)			(2,431)
Net liabilities					(730)			(2,086)
Capital and reserves
Called up share capital		3			5			5
Profit and loss account					(735)			(2,091)
Shareholders' deficit					(730)			(2,086)

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 6 November 2014 and signed on its behalf by:

.........................................
Mr C J Miles
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Bonita Management Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office equipment	25% on cost
Fixtures and fittings	25% on cost

Work in progress

Work in progress is valued on a fully reoverable basis.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.The directors consider no adjustment is material to the understanding of the accounts.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 2

Bonita Management Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2014
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2013		460			460
At 31 March 2014		460			460
Depreciation
At 1 April 2013		115			115
Charge for the year		87			87
At 31 March 2014		202			202
Net book value
At 31 March 2014		258			258
At 31 March 2013		345			345

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
A ordinary of £1 each		2			2			2			2
B ordinary of £1 each		1			1			1			1
C ordinary of £1 each		2			2			2			2
		5			5			5			5

Page 3