The Barbership Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09823722 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 14 October 2015 to 30 September 2016

for

The Barbership Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Steven Ashton

Tony Andrew Wood

REGISTERED OFFICE:

Castle Farm Barn North

Denmead Road

Southwick

Fareham

Hampshire

PO17 6EX

REGISTERED NUMBER:

09823722 (England and Wales)

ACCOUNTANTS:

KT Accountants Limited

Castle Farm Barn North

Denmead Road

Southwick

Hampshire

PO17 6EX

FIXED ASSETS

Tangible assets

2

5,249

CURRENT ASSETS

Stocks

850

Cash at bank and in hand

10,465

11,315

CREDITORS

Amounts falling due within one year

11,873

NET CURRENT LIABILITIES

(558

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,691

PROVISIONS FOR LIABILITIES

1,050

NET ASSETS

3,641

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

3,639

SHAREHOLDERS' FUNDS

3,641

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

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

The directors acknowledge their 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 Board of Directors on 12 June 2017 and were
signed on its behalf by:

Tony Andrew Wood - 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.

Fixtures and fittings

-

25% on reducing balance

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

Additions

7,000

At 30 September 2016

7,000

DEPRECIATION

Charge for period

1,751

At 30 September 2016

1,751

NET BOOK VALUE

At 30 September 2016

5,249

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

'A' Ordinary

£1

1

'B' Ordinary

£1

1

2

The following shares were allotted and fully paid for cash at par during the period:

1 'A' Ordinary shares of £1 each

1 'B' Ordinary shares of £1 each