Abbreviated Company Accounts - BLOOMING WONDERFUL LIMITED

BLOOMING WONDERFUL LIMITED - Company Information

04578315 BLOOMING WONDERFUL LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 04578315 2015-09-01 2016-08-31 04578315 2016-08-31 04578315 2015-08-31 04578315 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 04578315 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 04578315

BLOOMING WONDERFUL LIMITED

Abbreviated Accounts

31 August 2016

BLOOMING WONDERFUL LIMITED Registered Number 04578315

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	2,839	4,839
Tangible assets	3	6,931	9,285
		9,770	14,124
Current assets
Stocks		2,500	2,500
Debtors		9,010	174
Cash at bank and in hand		38,406	45,446
		49,916	48,120
Creditors: amounts falling due within one year		(40,343)	(36,780)
Net current assets (liabilities)		9,573	11,340
Total assets less current liabilities		19,343	25,464
Creditors: amounts falling due after more than one year		(2,573)	(6,561)
Total net assets (liabilities)		16,770	18,903
Capital and reserves
Called up share capital	4	4	4
Profit and loss account		16,766	18,899
Shareholders' funds		16,770	18,903

For the year ending 31 August 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 24 May 2017

And signed on their behalf by:
L Jordan Dicks, Director

BLOOMING WONDERFUL LIMITED Registered Number 04578315

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and are in accordance with the Financial Reporting Standard for smaller entities effective January 2015.

Turnover policy
Turnover represents the net invoiced value of sales excluding Vat.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over it's estimated useful life on a reducing balance basis
Equipment 33% on cost
Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance

Intangible assets amortisation policy
Goodwill is amortised over 15 years in equal annual instalments.

Other accounting policies
Deferred tax arises as a result of including items of income and expenditure in tax computations different from those in which they are included in the company's accounts.
Tax is provided in full on timing differences which result in an obligation to pay more tax at a future date at rates that are expected to apply when timing differences reverse.

2Intangible fixed assets

	£
Cost
At 1 September 2015	30,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	30,000
Amortisation
At 1 September 2015	25,161
Charge for the year	2,000
On disposals	-
At 31 August 2016	27,161
Net book values
At 31 August 2016	2,839
At 31 August 2015	4,839

3Tangible fixed assets

	£
Cost
At 1 September 2015	23,261
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	23,261
Depreciation
At 1 September 2015	13,976
Charge for the year	2,354
On disposals	-
At 31 August 2016	16,330
Net book values
At 31 August 2016	6,931
At 31 August 2015	9,285

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
4 Ordinary shares of £1 each	4	4