Abbreviated Company Accounts - THE WESTBOURNE DRINKS COMPANY LIMITED

THE WESTBOURNE DRINKS COMPANY LIMITED - Company Information

Registered Number 08451776

THE WESTBOURNE DRINKS COMPANY LIMITED

Abbreviated Accounts

31 March 2015

THE WESTBOURNE DRINKS COMPANY LIMITED Registered Number 08451776

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	6,779	1,084
		6,779	1,084
Current assets
Stocks		29,459	-
Debtors		16,187	369
Cash at bank and in hand		16,792	107,310
		62,438	107,679
Prepayments and accrued income		4,548	11,368
Creditors: amounts falling due within one year		(48,610)	(8,172)
Net current assets (liabilities)		18,376	110,875
Total assets less current liabilities		25,155	111,959
Accruals and deferred income		(800)	0
Total net assets (liabilities)		24,355	111,959
Capital and reserves
Called up share capital		261	242
Share premium account		244,739	171,758
Profit and loss account		(220,645)	(60,041)
Shareholders' funds		24,355	111,959

For the year ending 31 March 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 22 December 2015

And signed on their behalf by:
J Swinfen, Director

THE WESTBOURNE DRINKS COMPANY LIMITED Registered Number 08451776

Notes to the Abbreviated Accounts for the period ended 31 March 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 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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Office equipment 33% straight line
Events equipment 33% straight line

Other accounting policies
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.

2Tangible fixed assets

	£
Cost
At 1 April 2014	1,214
Additions	8,194
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	9,408
Depreciation
At 1 April 2014	130
Charge for the year	2,499
On disposals	-
At 31 March 2015	2,629
Net book values
At 31 March 2015	6,779
At 31 March 2014	1,084