Registered Number 08718550
BREAD AND BUTTER CREATIVE LIMITED
Abbreviated Accounts
31 October 2014
Notes | 2014 | ||
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£ | |||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
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Net current assets (liabilities) |
( |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 4 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
£ | |
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Cost | |
Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 October 2014 |
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Amortisation | |
Charge for the year |
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On disposals |
|
At 31 October 2014 |
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Net book values | |
At 31 October 2014 | 58,500 |
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its expected economic life of 10 years.
£ | |
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Cost | |
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 October 2014 |
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Depreciation | |
Charge for the year |
|
On disposals |
|
At 31 October 2014 |
|
Net book values | |
At 31 October 2014 | 1,125 |
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:-
Computer equipment - 25% straight line