Bubbles Online Services Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08059522 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2014

for

Bubbles Online Services Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J A Fisher

J H Bradshaw

Ms G C Wilmot

Ms E New

SECRETARY:

REGISTERED OFFICE:

4 Highridge

Alton

Hampshire

GU34 1QN

REGISTERED NUMBER:

08059522 (England and Wales)

ACCOUNTANTS:

A & S Business Services Limited

Pringleton House

Borgue

Kirkcudbright

DG6 4SG

FIXED ASSETS

Intangible assets

2

214,049

84,936

Tangible assets

3

5,994

2,378

220,043

87,314

CURRENT ASSETS

Debtors

10,595

3,099

Cash at bank

45,437

27,509

56,032

30,608

CREDITORS

Amounts falling due within one year

22,592

9,705

NET CURRENT ASSETS

33,440

20,903

TOTAL ASSETS LESS CURRENT LIABILITIES

253,483

108,217

CAPITAL AND RESERVES

Called up share capital

4

144

119

Share premium

509,650

180,869

Profit and loss account

(256,311

)

(72,771

)

SHAREHOLDERS' FUNDS

253,483

108,217

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 27 February 2015 and were signed on its behalf by:

J A Fisher - 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).

Tangible fixed assets

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

Office equipment and fittings

-

25% on reducing balance

Deferred tax

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

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	WEBSITE DEVELOPMENT

Total

£

COST

At 1 June 2013

84,936

Additions

129,113

At 31 May 2014

214,049

NET BOOK VALUE

At 31 May 2014

214,049

At 31 May 2013

84,936

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

2,706

Additions

4,870

At 31 May 2014

7,576

DEPRECIATION

At 1 June 2013

328

Charge for year

1,254

At 31 May 2014

1,582

NET BOOK VALUE

At 31 May 2014

5,994

At 31 May 2013

2,378

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

6,390,000

A

.0001

64

64

7,934,480

B

.0001

78

54

145,000

C

.0001

2

1

144

119