Vintage Bar Box Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08533292 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

Vintage Bar Box Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Miss K A Osmond

SECRETARY:

REGISTERED OFFICE:

51 Cranworth Road

WORTHING

West Sussex

BN11 2JE

REGISTERED NUMBER:

08533292 (England and Wales)

ACCOUNTANTS:

Still Accounting Limited

Chartered Certified Accountants

2 Sark Gardens

Ferring

WORTHING

West Sussex

BN12 5QB

FIXED ASSETS

Tangible assets

2

12,792

11,648

CURRENT ASSETS

Stocks

500

500

Debtors

1,444

-

Cash at bank

4,659

3,051

6,603

3,551

CREDITORS

Amounts falling due within one year

17,971

18,032

NET CURRENT LIABILITIES

(11,368

)

(14,481

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,424

(2,833

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

1,324

(2,933

)

SHAREHOLDERS' FUNDS

1,424

(2,833

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 30 January 2017 and were signed by:

Miss K A Osmond - 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 and services, excluding value added tax.

Turnover is recognised when the right to receive consideration becomes unconditional.

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 etc

-

10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

14,494

Additions

2,881

At 31 May 2016

17,375

DEPRECIATION

At 1 June 2015

2,846

Charge for year

1,737

At 31 May 2016

4,583

NET BOOK VALUE

At 31 May 2016

12,792

At 31 May 2015

11,648

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

£

100

Ordinary

£1

100

100