Abbreviated Company Accounts - BRUCE STREET OFF LICENCE LIMITED

BRUCE STREET OFF LICENCE LIMITED - Company Information

06749026 BRUCE STREET OFF LICENCE LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true 06749026 2014-12-01 2015-11-30 06749026 2015-11-30 06749026 2014-11-30 06749026 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 06749026 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 iso4217:GBP shares

Registered Number 06749026

BRUCE STREET OFF LICENCE LIMITED

Abbreviated Accounts

30 November 2015

BRUCE STREET OFF LICENCE LIMITED Registered Number 06749026

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Current assets
Stocks		22,850	20,675
Debtors		1,208	1,208
Cash at bank and in hand		4,689	2,850
		28,747	24,733
Creditors: amounts falling due within one year		(86,262)	(66,864)
Net current assets (liabilities)		(57,515)	(42,131)
Total assets less current liabilities		(57,515)	(42,131)
Total net assets (liabilities)		(57,515)	(42,131)
Capital and reserves
Called up share capital	2	5	5
Profit and loss account		(57,520)	(42,136)
Shareholders' funds		(57,515)	(42,131)

For the year ending 30 November 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 27 August 2016

And signed on their behalf by:
Mr Amratlal Chaganbhai Patel, Director

BRUCE STREET OFF LICENCE LIMITED Registered Number 06749026

Notes to the Abbreviated Accounts for the period ended 30 November 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are 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 total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Other accounting policies
Leasing :
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Stock :
Stock is valued at the lower of cost and net realisable value.

Going concern :
At the balance sheet date, company had net liabilities. The company is reliant on the support by the directors, who have lent the company a loan.

On the basis that the directors will continue to support the reporting entity for the foreseeable future, the directors consider it appropriate to prepare the financial statements on a going concern basis.

The financial statements do not include any adjustments that would result from a withdrawal of the
support of the directors.

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

	2015 £	2014 £
5 Ordinary shares of £1 each	5	5