Abbreviated Company Accounts - BAS TEA COMPANY LIMITED

Abbreviated Company Accounts - BAS TEA COMPANY LIMITED


Registered Number 08622843

BAS TEA COMPANY LIMITED

Abbreviated Accounts

31 March 2014

BAS TEA COMPANY LIMITED Registered Number 08622843

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014
£
Current assets
Stocks 4,452
Debtors 3,227
Cash at bank and in hand 570
8,249
Creditors: amounts falling due within one year (8,373)
Net current assets (liabilities) (124)
Total assets less current liabilities (124)
Total net assets (liabilities) (124)
Capital and reserves
Called up share capital 2 1
Profit and loss account (125)
Shareholders' funds (124)
  • For the year ending 31 March 2014 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 8 December 2014

And signed on their behalf by:
A R Kent, Director

BAS TEA COMPANY LIMITED Registered Number 08622843

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the value of Tea sold during the period.

Valuation information and policy
Stocks
Stock consisting of unsold tea and associated packaging is valued at the lower of cost and net realisable value.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
1 Ordinary shares of £1 each 1