Biject Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04049389 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2016

for

Biject Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M A Mundy

S A Danson

SECRETARY:

S A Danson

REGISTERED OFFICE:

Gawsworth

Lancaster Road

Preesall

Paulton Le Fylde

Lancashire

FY6 0ER

REGISTERED NUMBER:

04049389 (England and Wales)

ACCOUNTANTS:

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

FIXED ASSETS

Tangible assets

2

3,231

4,036

CURRENT ASSETS

Debtors

2,050

5,670

Cash at bank and in hand

14,897

17,255

16,947

22,925

CREDITORS

Amounts falling due within one year

19,748

20,185

NET CURRENT (LIABILITIES)/ASSETS

(2,801

)

2,740

TOTAL ASSETS LESS CURRENT LIABILITIES

430

6,776

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

330

6,676

SHAREHOLDERS' FUNDS

430

6,776

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 directors acknowledge their 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 Board of Directors on 19 May 2017 and were signed on its behalf by:

M A Mundy - 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 the invoiced value of services provided and goods sold net of 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.

Fixtures and equipment

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

6,960

Additions

279

At 31 August 2016

7,239

DEPRECIATION

At 1 September 2015

2,924

Charge for year

1,084

At 31 August 2016

4,008

NET BOOK VALUE

At 31 August 2016

3,231

At 31 August 2015

4,036

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100