| BLI Ltd |
| Registered number: |
07630760 |
| Abbreviated Balance Sheet |
| as at 30 May 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
26,833 |
|
|
40,833 |
| Tangible assets |
3 |
|
|
12,554 |
|
|
11,034 |
|
|
|
|
39,387 |
|
|
51,867 |
|
| Current assets |
| Stocks |
|
|
5,338 |
|
|
4,664 |
| Debtors |
|
|
161,837 |
|
|
126,798 |
| Cash at bank and in hand |
|
|
23,231 |
|
|
34,667 |
|
|
|
190,406 |
|
|
166,129 |
|
| Creditors: amounts falling due within one year |
|
|
(98,232) |
|
|
(87,851) |
|
| Net current assets |
|
|
|
92,174 |
|
|
78,278 |
|
| Total assets less current liabilities |
|
|
|
131,561 |
|
|
130,145 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(35,405) |
|
|
(37,523) |
|
|
|
| Net assets |
|
|
|
96,156 |
|
|
92,622 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
5 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
96,056 |
|
|
92,522 |
|
| Shareholders' funds |
|
|
|
96,156 |
|
|
92,622 |
|
|
|
|
|
|
|
|
| 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. |
| Members have 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. |
|
|
|
| Bruce Li |
| Director |
| Approved by the board on 29 February 2016 |
|
| BLI Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 30 May 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. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing balance basis |
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 31 May 2014 |
70,000 |
|
At 30 May 2015 |
70,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 31 May 2014 |
29,167 |
|
Provided during the year |
14,000 |
|
At 30 May 2015 |
43,167 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 May 2015 |
26,833 |
|
At 30 May 2014 |
40,833 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 31 May 2014 |
17,677 |
|
Additions |
5,705 |
|
At 30 May 2015 |
23,382 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 May 2014 |
6,643 |
|
Charge for the year |
4,185 |
|
At 30 May 2015 |
10,828 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 May 2015 |
12,554 |
|
At 30 May 2014 |
11,034 |
|
|
|
|
|
|
|
|
| 4 |
Loans |
2015 |
|
2014 |
| £ |
£ |
|
Creditors include: |
|
Secured bank loans |
37,505 |
|
39,558 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
