Black Cow Company Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04726417 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Black Cow Company Limited

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

FIXED ASSETS

Tangible assets

2

406

65

CURRENT ASSETS

Debtors

6,651

6,921

CREDITORS

Amounts falling due within one year

6,946

6,908

NET CURRENT (LIABILITIES)/ASSETS

(295

)

13

TOTAL ASSETS LESS CURRENT LIABILITIES

111

78

PROVISIONS FOR LIABILITIES

81

13

NET ASSETS

30

65

CAPITAL AND RESERVES

Called up share capital

3

11

11

Profit and loss account

19

54

SHAREHOLDERS' FUNDS

30

65

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 10 December 2014 and were signed on its behalf by:

A G Blackburn - 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 April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax. Revenue is recognised as the

company becomes entitled to consideration for the services supplied. Therefore, turnover also includes the

element of work completed but not yet invoiced.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% straight line

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

1,271

Additions

606

At 31 March 2014

1,877

DEPRECIATION

At 1 April 2013

1,206

Charge for year

265

At 31 March 2014

1,471

NET BOOK VALUE

At 31 March 2014

406

At 31 March 2013

65

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

10

Ordinary A

£1

10

10

1

Ordinary B

£1

1

1

11

11

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2014 and

31 March 2013:

31.3.14

31.3.13

£

£

A G Blackburn and Mrs P Blackburn

Balance outstanding at start of year

1,742

(128

)

Amounts advanced

31,387

1,870

Amounts repaid

(31,197

)

-

Balance outstanding at end of year

1,932

1,742