BDAR Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05913640

BDAR LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

B Davidson

REGISTERED OFFICE:

67 Great Russell Street

London

WC1B 3BN

REGISTERED NUMBER:

05913640

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

128,919

111,455

128,919

111,455

CURRENT ASSETS

Stocks

58,763

11,851

Debtors

170,888

110,179

Cash at bank and in hand

384,372

318,963

614,023

440,993

CREDITORS

Amounts falling due within one year

(286,009

)

(280,769

)

NET CURRENT ASSETS

328,014

160,224

TOTAL ASSETS LESS CURRENT
LIABILITIES

456,933

271,679

PROVISIONS FOR LIABILITIES

(19,759

)

(23,803

)

NET ASSETS

437,174

247,876

CAPITAL AND RESERVES

Called up share capital

4

200

Profit and loss account

436,974

247,676

SHAREHOLDERS' FUNDS

437,174

247,876

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 his 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 23 May 2017 and were signed by:

B Davidson - 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 goods and services, excluding value added tax and adjusted

for accrued revenue calculated by reference to the fair value of services performed up to the balance

sheet date but not invoiced.

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

-

33.3% on cost, 25% on reducing balance and 10% on cost

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

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.

Going concern

The use of the going concern basis of accounting is appropriate because there are no material

uncertainties related to events or conditions that may cast significant doubt about the ability of the

company to continue as a going concern.

Intangible fixed assets

Domain names are amortised evenly in the financial statements over the period in which they are in

force.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

1,250

AMORTISATION

At 1 September 2015

and 31 August 2016

1,250

NET BOOK VALUE

At 31 August 2016

-

At 31 August 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

164,673

Additions

46,225

At 31 August 2016

210,898

DEPRECIATION

At 1 September 2015

53,218

Charge for year

28,761

At 31 August 2016

81,979

NET BOOK VALUE

At 31 August 2016

128,919

At 31 August 2015

111,455

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary Class A

1

100

Ordinary Class B

1

100

200

5.	ULTIMATE PARENT COMPANY

The ultimate parent company at the balance sheet date was BDAR (Holdings) Limited.