| Bel Tempo Arts Ltd |
| Registered number: |
07658306 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
1,779 |
|
|
2,421 |
|
| Current assets |
| Stocks |
|
|
63,021 |
|
|
60,244 |
| Investments held as current assets |
|
|
160,000 |
|
|
160,000 |
| Cash at bank and in hand |
|
|
2,366 |
|
|
876 |
|
|
|
225,387 |
|
|
221,120 |
|
| Creditors: amounts falling due within one year |
|
|
(6,847) |
|
|
(5,039) |
|
| Net current assets |
|
|
|
218,540 |
|
|
216,081 |
|
| Total assets less current liabilities |
|
|
|
220,319 |
|
|
218,502 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(260,575) |
|
|
(255,575) |
|
|
|
| Net liabilities |
|
|
|
(40,256) |
|
|
(37,073) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
(41,256) |
|
|
(38,073) |
|
| Shareholders' funds |
|
|
|
(40,256) |
|
|
(37,073) |
|
|
|
|
|
|
|
|
| The directors are 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 directors acknowledge their 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. |
|
|
|
| J Stanley |
| Director |
| Approved by the board on 31 July 2016 |
|
| Bel Tempo Arts Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 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. |
|
|
Office and computer equipment |
33% straight line |
|
|
Stocks and work in progress |
|
Work in progress relates to the production costs to date. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
10,012 |
|
Additions |
814 |
|
At 31 March 2016 |
10,826 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
7,591 |
|
Charge for the year |
1,456 |
|
At 31 March 2016 |
9,047 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
1,779 |
|
At 31 March 2015 |
2,421 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1,000 |
|
1,000 |
|
1,000 |
|
|
|
|
|
|
|
|
|
