A Bizarre Obsession Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09400329 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

A Bizarre Obsession Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTOR:

Mrs K J Whelan

REGISTERED OFFICE:

Unit 1 Cutlers Farm Business Centre

Wootton Wawen

Henley-in-Arden

Warwickshire

B95 6DJ

REGISTERED NUMBER:

09400329 (England and Wales)

ACCOUNTANTS:

Smart Accountancy Solutions Limited

3 Taylors Lane

Worcester

WR1 1PN

BANKERS:

National Westminster Bank Plc

Royal Leamington Spa

Royal Priors

59 The Parade

Leamington Spa

Warwickshire

CV32 4ZX

FIXED ASSETS

Tangible assets

3

314

419

CURRENT ASSETS

Stocks

563

1,862

Debtors

193

260

Cash at bank

5,895

3,297

6,651

5,419

CREDITORS

Amounts falling due within one year

5,284

3,072

NET CURRENT ASSETS

1,367

2,347

TOTAL ASSETS LESS CURRENT LIABILITIES

1,681

2,766

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1,680

2,765

SHAREHOLDERS' FUNDS

1,681

2,766

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 30 November 2017 and were signed by:

Mrs K J Whelan - Director

1.	STATUTORY INFORMATION

A Bizarre Obsession Limited is a private company, limited by shares , registered in England

and Wales. The company's registered number and registered office address can be found

on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

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 equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive

income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that

have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in financial statements. Deferred

tax is measured using tax rates and laws that have been enacted or substantively enacted

by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it

is probable that they will be recovered against the reversal of deferred tax liabilities or other

future taxable profits.

3.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

and 31 March 2017

600

DEPRECIATION

At 1 April 2016

181

Charge for year

105

At 31 March 2017

286

NET BOOK VALUE

At 31 March 2017

314

At 31 March 2016

419

4.	RELATED PARTY DISCLOSURES

During the year, total dividends of £11,000 (2016 - £3,000) were paid to the director .

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs K J Whelan.

6.	TRANSITION TO FRS 102

This is the first year in which the financial statements have been prepared under FRS 102

Section 1A. There have been no changes in accounting policies and there has been no

effect on equity and profit and loss presented previously as a result of the transition.

The following reproduces the text of the report prepared for the director in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act

2006, the company is only required to file a Balance Sheet. Readers are cautioned that the

Income Statement and certain other primary statements and the Report of the Director are

not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Smart Accountancy Solutions Limited

3 Taylors Lane

Worcester

WR1 1PN

30 November 2017