REGISTERED NUMBER: 08966990 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 31 March 2014 to 31 March 2015

for

Llanelli Bed Centre Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N Jenkins

REGISTERED OFFICE:

The Old School

The Quay

Carmarthen

Carmarthenshire

SA31 3LN

REGISTERED NUMBER:

08966990 (England and Wales)

ACCOUNTANTS:

Ashmole & Co.

Chartered Certified Accountants

The Old School

The Quay

Carmarthen

Carmarthenshire

SA31 3LN

FIXED ASSETS

Intangible assets

2

8,000

Tangible assets

3

2,116

10,116

CURRENT ASSETS

Stocks

8,948

Cash at bank and in hand

19,762

28,710

CREDITORS

Amounts falling due within one year

26,777

NET CURRENT ASSETS

1,933

TOTAL ASSETS LESS CURRENT LIABILITIES

12,049

PROVISIONS FOR LIABILITIES

253

NET ASSETS

11,796

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

11,795

SHAREHOLDERS' FUNDS

11,796

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 1 July 2015 and were signed by:

N Jenkins - 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 net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

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 etc

-

33% on cost, 25% on reducing balance and 20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

10,000

At 31 March 2015

10,000

AMORTISATION

Amortisation for period

2,000

At 31 March 2015

2,000

NET BOOK VALUE

At 31 March 2015

8,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

2,823

At 31 March 2015

2,823

DEPRECIATION

Charge for period

707

At 31 March 2015

707

NET BOOK VALUE

At 31 March 2015

2,116

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

'A' Ordinary

£1.00

1