Registered Number 07802078

BRANDS ONE LIMITED

Abbreviated Accounts

31 October 2012

BRANDS ONE LIMITED Registered Number 07802078

Abbreviated Balance Sheet as at 31 October 2012

Notes 2012
£
Fixed assets
Tangible assets 2 6,978
6,978
Current assets
Stocks 20,000
Debtors 11,118
Cash at bank and in hand 10,919
42,037
Creditors: amounts falling due within one year (93,781)
Net current assets (liabilities) (51,744)
Total assets less current liabilities (44,766)
Total net assets (liabilities) (44,766)
Capital and reserves
Called up share capital 3 1
Profit and loss account (44,767)
Shareholders' funds (44,766)
  • For the year ending 31 October 2012 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 24 May 2013

And signed on their behalf by:
Mr V Mahajan, Director

BRANDS ONE LIMITED Registered Number 07802078

Notes to the Abbreviated Accounts for the period ended 31 October 2012

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are 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 total invoice value, excluding value added tax, of sales made during the period and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Plant and machinery - 15% reducing balance
Fixtures, fittings and equipment - 25% reducing balance

Other accounting policies
Stock :
Stock is valued at the lower of cost and net realisable value.

2 Tangible fixed assets
£
Cost
Additions 8,228
Disposals -
Revaluations -
Transfers -
At 31 October 2012 8,228
Depreciation
Charge for the year 1,250
On disposals -
At 31 October 2012 1,250
Net book values
At 31 October 2012 6,978
3 Called Up Share Capital
Allotted, called up and fully paid:
2012
£
1 Ordinary shares of £1 each 1

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