Registered Number 09618745

DIDSBURY BARBERS LIMITED

Abbreviated Accounts

29 February 2016

DIDSBURY BARBERS LIMITED Registered Number 09618745

Abbreviated Balance Sheet as at 29 February 2016

Notes 2016
£
Fixed assets
Intangible assets 2 8,000
Tangible assets 3 39,213
47,213
Current assets
Debtors 2,641
Cash at bank and in hand 7,694
10,335
Creditors: amounts falling due within one year (72,133)
Net current assets (liabilities) (61,798)
Total assets less current liabilities (14,585)
Total net assets (liabilities) (14,585)
Capital and reserves
Called up share capital 4 1
Profit and loss account (14,586)
Shareholders' funds (14,585)
  • For the year ending 29 February 2016 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 30 October 2016

And signed on their behalf by:
Mr C Syddall, Director

DIDSBURY BARBERS LIMITED Registered Number 09618745

Notes to the Abbreviated Accounts for the period ended 29 February 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015)

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Leasehold 10% Straight line
Fixtures, fittings & equipment 15% Reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

Other accounting policies
Compliance with accounting standards

The financial statements are prepared in accordance with the applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated)

2 Intangible fixed assets
£
Cost
Additions 10,000
Disposals 0
Revaluations 0
Transfers 0
At 29 February 2016 10,000
Amortisation
Charge for the year 2,000
On disposals 0
At 29 February 2016 2,000
Net book values
At 29 February 2016 8,000
3 Tangible fixed assets
£
Cost
Additions 45,147
Disposals 0
Revaluations 0
Transfers 0
At 29 February 2016 45,147
Depreciation
Charge for the year 5,934
On disposals 0
At 29 February 2016 5,934
Net book values
At 29 February 2016 39,213
4 Called Up Share Capital
Allotted, called up and fully paid:
2016
£
1 Ordinary shares of £1 each 1

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