Abbreviated Company Accounts - TRADE BEERS LIMITED

TRADE BEERS LIMITED - Company Information

03220113 TRADE BEERS LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 03220113 2013-06-01 2014-05-31 03220113 2014-05-31 03220113 2013-05-31 03220113 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 03220113 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:Director3 2013-06-01 2014-05-31 uk-gaap-cd-bus:Director3 2014-05-31 uk-gaap-cd-bus:Director3 2013-05-31 iso4217:GBP shares

Registered Number 03220113

TRADE BEERS LIMITED

Abbreviated Accounts

31 May 2014

TRADE BEERS LIMITED Registered Number 03220113

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	12,853	15,291
		12,853	15,291
Current assets
Stocks		33,980	44,350
Debtors		837	738
Cash at bank and in hand		3,933	3,479
		38,750	48,567
Creditors: amounts falling due within one year		(33,493)	(34,450)
Net current assets (liabilities)		5,257	14,117
Total assets less current liabilities		18,110	29,408
Creditors: amounts falling due after more than one year		(3,720)	(3,658)
Accruals and deferred income		(1,192)	(1,192)
Total net assets (liabilities)		13,198	24,558
Capital and reserves
Called up share capital		3	3
Profit and loss account		13,195	24,555
Shareholders' funds		13,198	24,558

For the year ending 31 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 11 July 2014

And signed on their behalf by:
TS Mohan, Director

TRADE BEERS LIMITED Registered Number 03220113

Notes to the Abbreviated Accounts for the period ended 31 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
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is charged at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc. - 25% and 15% on reducing balance.

2Tangible fixed assets

	£
Cost
At 1 June 2013	54,154
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	54,154
Depreciation
At 1 June 2013	38,863
Charge for the year	2,438
On disposals	-
At 31 May 2014	41,301
Net book values
At 31 May 2014	12,853
At 31 May 2013	15,291

3Transactions with directors

Name of director receiving advance or credit:	TS Mohan
Description of the transaction:	Director's loan
Balance at 1 June 2013:	£ 3,658
Advances or credits made:	£ 62
Advances or credits repaid:	-
Balance at 31 May 2014:	£ 3,720