Abbreviated Company Accounts - BAUWERK COLOUR LTD

BAUWERK COLOUR LTD - Company Information

SC479492 BAUWERK COLOUR LTD 2016-06-30 false 2015-07-01 2016-06-30 true SC479492 2015-07-01 2016-06-30 SC479492 2016-06-30 SC479492 2015-06-30 SC479492 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 SC479492 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number SC479492

BAUWERK COLOUR LTD

Abbreviated Accounts

30 June 2016

BAUWERK COLOUR LTD Registered Number SC479492

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	-	12,500
Tangible assets	3	1,545	2,405
		1,545	14,905
Current assets
Stocks		25,038	30,372
Debtors		34,535	290
Cash at bank and in hand		-	2,287
		59,573	32,949
Creditors: amounts falling due within one year	4	(61,451)	(63,308)
Net current assets (liabilities)		(1,878)	(30,359)
Total assets less current liabilities		(333)	(15,454)
Creditors: amounts falling due after more than one year	4	(9,000)	(15,000)
Total net assets (liabilities)		(9,333)	(30,454)
Capital and reserves
Called up share capital	5	100	100
Profit and loss account		(9,433)	(30,554)
Shareholders' funds		(9,333)	(30,454)

For the year ending 30 June 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 31 March 2017

And signed on their behalf by:
Fraser King, Director

BAUWERK COLOUR LTD Registered Number SC479492

Notes to the Abbreviated Accounts for the period ended 30 June 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
Turnover represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its estimated useful life as follows:

Fixture, fittings&equipment- 33% and 25% straight line

Intangible assets amortisation policy
Franchise fees are carried at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual instalments over the estimated useful life, which is considered to be two years.

Valuation information and policy
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies
Grants are credited to the Profit & Loss account when received.

2Intangible fixed assets

	£
Cost
At 1 July 2015	25,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	25,000
Amortisation
At 1 July 2015	12,500
Charge for the year	12,500
On disposals	-
At 30 June 2016	25,000
Net book values
At 30 June 2016	0
At 30 June 2015	12,500

3Tangible fixed assets

	£
Cost
At 1 July 2015	3,265
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	3,265
Depreciation
At 1 July 2015	860
Charge for the year	860
On disposals	-
At 30 June 2016	1,720
Net book values
At 30 June 2016	1,545
At 30 June 2015	2,405

4Creditors

	2016 £	2015 £
Secured Debts	9,000	15,000

5Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100