B B Velo Limited - Abbreviated accounts

Registered number

08933432

B B Velo Limited

Abbreviated Accounts

31 March 2015

B B Velo Limited
Registered number:		08933432
Abbreviated Balance Sheet
as at 31 March 2015

Notes			2015
£
Current assets
Stocks		675
Debtors		2,947
Cash at bank and in hand		12,954
		16,576

Creditors: amounts falling due within one year		(19,920)

Net current liabilities			(3,344)

Net liabilities			(3,344)

Capital and reserves
Called up share capital	2		100
Profit and loss account			(3,444)

Shareholder's funds			(3,344)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



N Webb
Director
Approved by the board on 24 June 2015

B B Velo Limited
Notes to the Abbreviated Accounts
for the period ended 31 March 2015

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

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

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Share capital	Nominal		2015		2015
value			Number		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100

Nominal			Number		Amount
value			£
	Shares issued during the period:
	Ordinary shares	£1 each		100		100