Abbreviated Company Accounts - BANJIMAK CONSULTING LIMITED

Abbreviated Company Accounts - BANJIMAK CONSULTING LIMITED


Registered Number 08515273

BANJIMAK CONSULTING LIMITED

Abbreviated Accounts

30 May 2014

BANJIMAK CONSULTING LIMITED Registered Number 08515273

Abbreviated Balance Sheet as at 30 May 2014

Notes 2014
£
Fixed assets
Tangible assets 2 321
321
Current assets
Debtors 8,256
Cash at bank and in hand 24,502
32,758
Creditors: amounts falling due within one year (23,098)
Net current assets (liabilities) 9,660
Total assets less current liabilities 9,981
Total net assets (liabilities) 9,981
Capital and reserves
Called up share capital 3 100
Profit and loss account 9,881
Shareholders' funds 9,981
  • For the year ending 30 May 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 9 April 2015

And signed on their behalf by:
Mr O Makanjuola, Director

BANJIMAK CONSULTING LIMITED Registered Number 08515273

Notes to the Abbreviated Accounts for the period ended 30 May 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
The turnover shown in the profit and loss account represents amounts invoiced during the period, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.

Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures & Fittings - 33.33% straight line

2Tangible fixed assets
£
Cost
Additions 500
Disposals -
Revaluations -
Transfers -
At 30 May 2014 500
Depreciation
Charge for the year 179
On disposals -
At 30 May 2014 179
Net book values
At 30 May 2014 321
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
100Ordinary shares of £1 each 100