Abbreviated Company Accounts - JAMES BEARD LIMITED

JAMES BEARD LIMITED - Company Information

07708869 JAMES BEARD LIMITED 2014-07-31 false 2013-08-01 2014-07-31 true 07708869 2013-08-01 2014-07-31 07708869 2014-07-31 07708869 2013-07-31 07708869 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 07708869 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number 07708869

JAMES BEARD LIMITED

Abbreviated Accounts

31 July 2014

JAMES BEARD LIMITED Registered Number 07708869

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	528	747
		528	747
Current assets
Debtors		4,019	44,629
Cash at bank and in hand		120,236	62,455
		124,255	107,084
Creditors: amounts falling due within one year		(35,064)	(27,357)
Net current assets (liabilities)		89,191	79,727
Total assets less current liabilities		89,719	80,474
Total net assets (liabilities)		89,719	80,474
Capital and reserves
Called up share capital	3	10	10
Profit and loss account		89,709	80,464
Shareholders' funds		89,719	80,474

For the year ending 31 July 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 20 November 2014

And signed on their behalf by:
J Beard, Director

JAMES BEARD LIMITED Registered Number 07708869

Notes to the Abbreviated Accounts for the period ended 31 July 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover represents amounts receivable for goods and services net 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 expected useful life, as follows:

Computer equipment:-25% Straightline basis

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

2Tangible fixed assets

	£
Cost
At 1 August 2013	874
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2014	874
Depreciation
At 1 August 2013	127
Charge for the year	219
On disposals	-
At 31 July 2014	346
Net book values
At 31 July 2014	528
At 31 July 2013	747

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
10 Ordinary shares of £1 each	10	10