REGISTERED NUMBER: 07134730 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2014

FOR

BOLD DECISIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

N Lambe

Mrs O Lambe

REGISTERED OFFICE:

27 Sackville Gardens

Hove

East Sussex

BN3 4GJ

REGISTERED NUMBER:

07134730 (England and Wales)

ACCOUNTANTS:

Cardens Accountants LLP

73 Church Road

Hove

East Sussex

BN3 2BB

FIXED ASSETS

Tangible assets

2

6,636

3,651

Investments

3

19,161

149,160

25,797

152,811

CURRENT ASSETS

Debtors

4

155,063

7,804

Cash at bank

11,741

17,389

166,804

25,193

CREDITORS

Amounts falling due within one year

38,569

164,660

NET CURRENT ASSETS/(LIABILITIES)

128,235

(139,467

)

TOTAL ASSETS LESS CURRENT LIABILITIES

154,032

13,344

PROVISIONS FOR LIABILITIES

1,327

730

NET ASSETS

152,705

12,614

CAPITAL AND RESERVES

Called up share capital

5

1,000

1,000

Profit and loss account

151,705

11,614

SHAREHOLDERS' FUNDS

152,705

12,614

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 6 September 2014 and were signed on its behalf by:

N Lambe - Director

Mrs O Lambe - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents sales of services net of VAT. Turnover is recognised at the point the customer is entitled to

consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Deferred tax

Deferred taxation is provided in full on timing differences which represent a liability at the balance sheet date, at

rates expected to apply when they crystallise based on current tax rates and law. Timing differences arise from

the inclusion of items of income and expenditure in taxation computations in periods different from those in

which they are included in financial statements. Deferred tax is not provided on timing differences arising from

the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities

are not discounted.

Fixed asset investments

Investments are recorded at the cost of the investment at the purchase date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2013

6,916

Additions

5,568

At 31 January 2014

12,484

DEPRECIATION

At 1 February 2013

3,265

Charge for year

2,583

At 31 January 2014

5,848

NET BOOK VALUE

At 31 January 2014

6,636

At 31 January 2013

3,651

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 February 2013

149,160

Additions

1

Disposals

(130,000

)

At 31 January 2014

19,161

NET BOOK VALUE

At 31 January 2014

19,161

At 31 January 2013

149,160

The company's investments at the balance sheet date in the share capital of companies include the following:

During the year, Bold Decisions Limited disposed of its 75% shareholding in the Sussex Beer Company.

Bold Decisions Consulting Limited

Nature of business: Consultancy

%

Class of shares:

holding

Ordinary

100.00

2014

£

Aggregate capital and reserves

39,251

Profit for the year

67,404

Bold Decision Consulting Limited incorporated during the year on 29 April 2013.

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 144,658

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,000

Ordinary

£1

1,000

1,000

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES