Bsessi Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08996469 (England and Wales)

Abbreviated Accounts

for the Year Ended 30 April 2016

for

Bsessi Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms A L Denton

REGISTERED OFFICE:

4th Floor International House

Queens Road,

Brighton

East Sussex

BN1 3XE

REGISTERED NUMBER:

08996469 (England and Wales)

ACCOUNTANT:

Will Taylor Limited

4th Floor

International House

Queens Road

Brighton

East Sussex

BN1 3XE

FIXED ASSETS

Tangible assets

2

12,519

12,367

CURRENT ASSETS

Debtors

47,591

61,353

Cash at bank

30,734

19,581

78,325

80,934

CREDITORS

Amounts falling due within one year

76,609

90,807

NET CURRENT ASSETS/(LIABILITIES)

1,716

(9,873

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

14,235

2,494

PROVISIONS FOR LIABILITIES

2,504

2,473

NET ASSETS

11,731

21

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

11,730

20

SHAREHOLDERS' FUNDS

11,731

21

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395
and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 27 January 2017 and were signed by:

Ms A L Denton - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% reducing balance

Computer equipment

-

33.33% on cost

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment.

Taxation

Current tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted

or substantively enacted by the balance sheet date.

Deferred taxation is accounted for at expected tax rates on all differences arising from the inclusion of items of income and

expenditure in taxation computations in periods different from those in which they are included in the financial statements.

A deferred tax asset is only recognised when it is more likely than not that the asset will be recoverable in the foreseeable

future out of suitable taxable profits from which the underlying timing differences can be deducted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

16,757

Additions

5,186

At 30 April 2016

21,943

DEPRECIATION

At 1 May 2015

4,390

Charge for year

5,034

At 30 April 2016

9,424

NET BOOK VALUE

At 30 April 2016

12,519

At 30 April 2015

12,367

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

1

Ordinary

£1

1