Abbreviated Company Accounts - BLUE VOLCANO LTD

Abbreviated Company Accounts - BLUE VOLCANO LTD


Registered Number 08852400

BLUE VOLCANO LTD

Abbreviated Accounts

31 January 2015

BLUE VOLCANO LTD Registered Number 08852400

Abbreviated Balance Sheet as at 31 January 2015

Notes 2015
£
Fixed assets
Tangible assets 2 1,040
1,040
Current assets
Debtors 3 12,486
Cash at bank and in hand 42,831
55,317
Creditors: amounts falling due within one year (16,303)
Net current assets (liabilities) 39,014
Total assets less current liabilities 40,054
Accruals and deferred income (1,199)
Total net assets (liabilities) 38,855
Capital and reserves
Called up share capital 100
Profit and loss account 38,755
Shareholders' funds 38,855
  • For the year ending 31 January 2015 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 30 July 2015

And signed on their behalf by:
Neil Harper, Director

BLUE VOLCANO LTD Registered Number 08852400

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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 total revenue earned (invoices paid plus accrued income), excluding value added tax for sales made during the year and derives from the provision of goods and services falling within the company's ordinary activities

Tangible assets depreciation policy
Depreciation is provided at the rates calculated to write off the cost, less any residual value of each asset over its expected, useful economic life using the Straight-Line method over 36 months

2Tangible fixed assets
£
Cost
Additions 1,440
Disposals -
Revaluations -
Transfers -
At 31 January 2015 1,440
Depreciation
Charge for the year 400
On disposals -
At 31 January 2015 400
Net book values
At 31 January 2015 1,040

Fixed Assets are Computer Equipment

3Debtors

Trade Debtors represents Fees Receivable