Abbreviated Company Accounts - BLUE MAGPIE LIMITED

BLUE MAGPIE LIMITED - Company Information

09352773 BLUE MAGPIE LIMITED 2015-12-31 false 2014-12-12 2015-12-31 true 09352773 2014-12-12 2015-12-31 09352773 2015-12-31 09352773 uk-gaap-cd-bus:Director1 2014-12-12 2015-12-31 09352773 uk-gaap-cd-bus:Director2 2014-12-12 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-12 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 iso4217:GBP shares

Registered Number 09352773

BLUE MAGPIE LIMITED

Abbreviated Accounts

31 December 2015

BLUE MAGPIE LIMITED Registered Number 09352773

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015
		£
Fixed assets
Tangible assets	2	1,580
		1,580
Current assets
Cash at bank and in hand		473
		473
Creditors: amounts falling due within one year		(5,246)
Net current assets (liabilities)		(4,773)
Total assets less current liabilities		(3,193)
Total net assets (liabilities)		(3,193)
Capital and reserves
Called up share capital	3	1,000
Profit and loss account		(4,193)
Shareholders' funds		(3,193)

For the year ending 31 December 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 12 August 2016

And signed on their behalf by:
Sumayia Rashid, Director

BLUE MAGPIE LIMITED Registered Number 09352773

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

1Accounting Policies

Basis of measurement and preparation of accounts
The Balance Sheet shows that current liabilities exceed net current asset. The directors consider that the company will received adequate financial support to meet its obligation as they fall due.

Turnover policy
Turnover represents the value 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.
Furniture, fixtures & equipment 20%.

2Tangible fixed assets

	£
Cost
Additions	1,975
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	1,975
Depreciation
Charge for the year	395
On disposals	-
At 31 December 2015	395
Net book values
At 31 December 2015	1,580

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £
100 Ordinary shares of £10 each	1,000

During the period the company issued 100 ordinary shares of £10.00 each.