Abbreviated Company Accounts - BEDOUIN LIMITED

Registered Number 06128754

BEDOUIN LIMITED

Abbreviated Accounts

31 March 2014

BEDOUIN LIMITED Registered Number 06128754

Abbreviated Balance Sheet as at 31 March 2014

	2014	2013
	£	£
Current assets
Debtors	3,078,433	1,626,667
Cash at bank and in hand	548,752	94,530
	3,627,185	1,721,197
Prepayments and accrued income	868,103	1,296,664
Net current assets (liabilities)	4,495,288	3,017,861
Total assets less current liabilities	4,495,288	3,017,861
Creditors: amounts falling due after more than one year	(1,271,606)	(707,795)
Accruals and deferred income	(2,883,300)	(2,253,706)
Total net assets (liabilities)	340,382	56,360
Capital and reserves
Called up share capital	100	100
Profit and loss account	340,282	56,260
Shareholders' funds	340,382	56,360

For the year ending 31 March 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 30 December 2014

And signed on their behalf by:
Mr D Monro, Director

BEDOUIN LIMITED Registered Number 06128754

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, excluding Value Added Tax, of the sales to customers during the year for the provision of consultancy services. Turnover is measured at the fair value of the consideration received or receivable, net of discounts and VAT.

Other accounting policies
Going concern

The director has prepared the financial statements on a going concern basis on the basis of a reasonable expectation that the company will have adequate resources to continue in operational existence for the foreseeable future. The director has obtained an undertaking from the shareholders to provide such financial assistance as is necessary in order to enable the company to meet its liabilities as they fall due.

Taxation

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes certain items of income and expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's tax liability is calculated using tax rates that have been enacted or substantially enacted by the balance sheet date.

Accrued income

Accrued income relates to the amount of work carried out by contractors but unbilled at the period end. It is stated at the director's assessment of its recoverable value. Associated with the accrued income is an accrual for the cost of the purchase of the contractors.