Registered Number 08251223

BOLA THE BUILDER LIMITED

Abbreviated Accounts

31 October 2016

BOLA THE BUILDER LIMITED Registered Number 08251223

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,948 1,948
1,948 1,948
Current assets
Stocks 122,916 122,916
Cash at bank and in hand 618 618
123,534 123,534
Creditors: amounts falling due within one year (94,333) (94,333)
Net current assets (liabilities) 29,201 29,201
Total assets less current liabilities 31,149 31,149
Creditors: amounts falling due after more than one year 0 0
Total net assets (liabilities) 31,149 31,149
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 31,148 31,148
Shareholders' funds 31,149 31,149
  • For the year ending 31 October 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 15 October 2017

And signed on their behalf by:
MR ILEMOBOLA S. OYENEYIN, Director

BOLA THE BUILDER LIMITED Registered Number 08251223

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
TURNOVER REPRESENTS NET WORK DONE EXCLUDING VALUE ADDED TAX

Tangible assets depreciation policy
DEPRECIATION IS PROVIDED AT ANNUAL RATES TO WRITE OFF THE VALUE OF EACH ASSET OVER ITS ESTIMATED USEFUL LIFE

2Tangible fixed assets
£
Cost
At 1 November 2015 5,500
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2016 5,500
Depreciation
At 1 November 2015 3,552
Charge for the year -
On disposals -
At 31 October 2016 3,552
Net book values
At 31 October 2016 1,948
At 31 October 2015 1,948
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1 Ordinary shares of £1 each 1 1