B2Resources Ltd
|
Registered number: |
06765749
|
Abbreviated Balance Sheet |
as at 31 December 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
2,734 |
|
|
3,644 |
|
Current assets |
Debtors |
|
|
536,075 |
|
|
538,376 |
Cash at bank and in hand |
|
|
13,027 |
|
|
150,553 |
|
|
|
549,102 |
|
|
688,929 |
|
Creditors: amounts falling due within one year |
|
|
(58,692) |
|
|
(72,364) |
|
Net current assets |
|
|
|
490,410 |
|
|
616,565 |
|
Net assets |
|
|
|
493,144 |
|
|
620,209 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
493,142 |
|
|
620,207 |
|
Shareholders' funds |
|
|
|
493,144 |
|
|
620,209 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
Ian De Silva |
Director |
Approved by the board on 20 September 2016
|
|
B2Resources Ltd
|
Notes to the Abbreviated Accounts |
for the year ended 31 December 2015
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Fixtures & Fittings |
25% Reducing balance
|
|
Plant and machinery |
25% Reducing balance
|
|
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2015 |
14,746 |
|
At 31 December 2015 |
14,746 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2015 |
11,102 |
|
Charge for the year |
910 |
|
At 31 December 2015 |
12,012 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2015 |
2,734 |
|
At 31 December 2014 |
3,644 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
4 |
Directors Loan Account |
|
|
During the year, the company operated a loan account with the director, as shown in other |
|
creditors. |
|
The movements on this loan account was as follows: |
|
|
|
|
£ |
|
|
Opening balance as at 1st January 2015 |
- |
|
|
Movements |
(207) |
|
|
Closing balance as at 31st December 2015 |
(207) |
|
|
|
|
|