ACCOUNTS - Final Accounts preparation


07760628 2013-10-01 false true 2014-09-302014-09-30 07760628 2013-10-01 2014-09-30 07760628 2014-09-30 07760628 2013-09-30 07760628 c:FixturesFittingsToolsEquipment 2013-10-01 2014-09-30 07760628 d:OrdinaryShareClass1 2014-09-30 07760628 d:OrdinaryShareClass1 2013-09-30 07760628 d:OrdinaryShareClass1 2013-10-01 2014-09-30 07760628 d:Director1 2013-10-01 2014-09-30 07760628 c:OfficeEquipment 2013-10-01 2014-09-30 07760628 c:PlantMachinery 2013-10-01 2014-09-30 xbrli:shares iso4217:GBP

Registered number: 07760628









BRONZE INC LIMITED







UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014

 
BRONZE INC LIMITED
REGISTERED NUMBER: 07760628

ABBREVIATED BALANCE SHEET
AS AT 30 SEPTEMBER 2014

2014
2013
Note
£
£
£
£
 
FIXED ASSETS





 
Tangible assets
 
2
138,367
146,161
 
CURRENT ASSETS





 
Stocks
4,500
3,000

 
Debtors
1,427
2,077

 
Cash at bank and in hand

38,262
33,912







 
44,189
38,989
 
CREDITORS: amounts falling due within one year
(9,857)
(5,946)
 
NET CURRENT ASSETS


34,332

33,043
 
TOTAL ASSETS LESS CURRENT LIABILITIES
172,699
179,204
 
CREDITORS: amounts falling due after more than one year
3
(171,050)

(194,713)
 
PROVISIONS FOR LIABILITIES





 
Deferred tax
(1,394)
-

NET ASSETS/(LIABILITIES)




 255


 (15,509)
  
CAPITAL AND RESERVES

 
Called up share capital
4
1
1
 
Profit and loss account
254
(15,510)
 
SHAREHOLDERS' FUNDS/(DEFICIT)
 

 255

 (15,509)


The director considers that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 30 September 2014 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Page 1

 
BRONZE INC LIMITED
 
    
ABBREVIATED BALANCE SHEET (continued)
AS AT 30 SEPTEMBER 2014

The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 12 January 2015.




Mrs S Land
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
BRONZE INC LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2
Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

1.3
Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation.  Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & machinery
-
25%
Fixtures & fittings
-
25%
Office equipment
-
25%


2.TANGIBLE FIXED ASSETS



£


Cost 


At 1 October 2013
173,491

Additions
4,682


At 30 September 2014

178,173



Depreciation


At 1 October 2013
27,330

Charge for the year
12,476


At 30 September 2014

39,806




Net book value


At 30 September 2014
 138,367


At 30 September 2013

 146,161


3.CREDITORS:
Amounts falling due after more than one year

Included in other others is £186,501 owed to the director.

Page 3

 
BRONZE INC LIMITED
 
 
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014

4.SHARE CAPITAL

        2014
        2013
        £

        £

Allotted, called up and fully paid



1 Ordinary share of £1
 1
 1

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