Abbreviated Company Accounts - MBT RING O BELLS LIMITED

MBT RING O BELLS LIMITED - Company Information

06489970 MBT RING O BELLS LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 06489970 2013-05-01 2014-04-30 06489970 2014-04-30 06489970 2013-04-30 06489970 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 06489970 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:Director3 2013-05-01 2014-04-30 uk-gaap-cd-bus:Director3 2014-04-30 uk-gaap-cd-bus:Director3 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 06489970

MBT RING O BELLS LIMITED

Abbreviated Accounts

30 April 2014

MBT RING O BELLS LIMITED Registered Number 06489970

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	76,987	76,307
		76,987	76,307
Current assets
Stocks		10,711	8,189
Debtors		42,334	57,824
Cash at bank and in hand		12,335	14,750
		65,380	80,763
Creditors: amounts falling due within one year		(271,593)	(264,593)
Net current assets (liabilities)		(206,213)	(183,830)
Total assets less current liabilities		(129,226)	(107,523)
Creditors: amounts falling due after more than one year		(27,829)	(42,959)
Provisions for liabilities		(12,461)	(7,807)
Total net assets (liabilities)		(169,516)	(158,289)
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		(170,516)	(159,289)
Shareholders' funds		(169,516)	(158,289)

For the year ending 30 April 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 27 January 2015

And signed on their behalf by:
I Wade, Director

MBT RING O BELLS LIMITED Registered Number 06489970

Notes to the Abbreviated Accounts for the period ended 30 April 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 total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company’s ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Leasehold properties – Straight line over the life of the lease
Fixtures, fittings and equipment - 15% & 25% Reducing Balance
Computer Equipment - 25% Reducing Balance

Valuation information and policy
Stock

Stock is valued at the lower of cost and net realisable value.

Other accounting policies
Going concern

The accounts are prepared on a going concern basis. The director continues to support the company.

2Tangible fixed assets

	£
Cost
At 1 May 2013	156,493
Additions	22,444
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	178,937
Depreciation
At 1 May 2013	80,186
Charge for the year	21,764
On disposals	-
At 30 April 2014	101,950
Net book values
At 30 April 2014	76,987
At 30 April 2013	76,307

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

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000

4Transactions with directors

Name of director receiving advance or credit:	I Wade
Description of the transaction:	Interest free loan
Balance at 1 May 2013:	£ 0
Advances or credits made:	£ 28,179
Advances or credits repaid:	-
Balance at 30 April 2014:	£ 28,179