Abbreviated Company Accounts - BALLOON (DATES) LTD

BALLOON (DATES) LTD - Company Information

08280770 BALLOON (DATES) LTD 2015-03-31 false 2014-04-01 2015-03-31 true 08280770 2014-04-01 2015-03-31 08280770 2015-03-31 08280770 2014-03-31 08280770 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 08280770 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 08280770

BALLOON (DATES) LTD

Abbreviated Accounts

31 March 2015

BALLOON (DATES) LTD Registered Number 08280770

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Current assets
Debtors		-	11,254
Cash at bank and in hand		27	410
		27	11,664
Creditors: amounts falling due within one year		(3,043)	(11,663)
Net current assets (liabilities)		(3,016)	1
Total assets less current liabilities		(3,016)	1
Total net assets (liabilities)		(3,016)	1
Capital and reserves
Called up share capital	2	1	1
Profit and loss account		(3,017)	-
Shareholders' funds		(3,016)	1

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 31 December 2015

And signed on their behalf by:
B Elsley, Director

BALLOON (DATES) LTD Registered Number 08280770

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

During the year, the company a made loss of £3,017 (2014: £nil) and has negative reserves of £3,016 (2014: £1).

The company is supported by a loan from its parent. The parents has confirmed that the amount owed will only be repayable when the company has sufficient reserves. On this basis, the directors consider it appropriate to prepare the accounts on the going concern basis.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

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

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1