Registered Number 07802078

BRANDS ONE LIMITED

Abbreviated Accounts

31 October 2013

BRANDS ONE LIMITED Registered Number 07802078

Abbreviated Balance Sheet as at 31 October 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 8,340 6,978
8,340 6,978
Current assets
Stocks 35,000 20,000
Debtors 12,273 11,118
Cash at bank and in hand 9,102 10,919
56,375 42,037
Creditors: amounts falling due within one year (165,442) (93,781)
Net current assets (liabilities) (109,067) (51,744)
Total assets less current liabilities (100,727) (44,766)
Total net assets (liabilities) (100,727) (44,766)
Capital and reserves
Called up share capital 3 1 1
Profit and loss account (100,728) (44,767)
Shareholders' funds (100,727) (44,766)
  • For the year ending 31 October 2013 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 29 July 2014

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 2013

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 year 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
At 1 November 2012 8,228
Additions 2,847
Disposals -
Revaluations -
Transfers -
At 31 October 2013 11,075
Depreciation
At 1 November 2012 1,250
Charge for the year 1,485
On disposals -
At 31 October 2013 2,735
Net book values
At 31 October 2013 8,340
At 31 October 2012 6,978
3 Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
1 Ordinary shares of £1 each 1 1

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