REGISTERED NUMBER: 04498492 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

FOR

ABRACADABRA TEDDY BEARS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms M J Davison

SECRETARY:

Tayler Bradshaw Limited

REGISTERED OFFICE:

Cambridge House

16 High Street

Saffron Walden

Essex

CB10 1AX

REGISTERED NUMBER:

04498492 (England and Wales)

ACCOUNTANTS:

Tayler Bradshaw

Cambridge House

16 High Street

Saffron Walden

Essex

CB10 1AX

FIXED ASSETS

Tangible assets

2

1,697

1,163

CURRENT ASSETS

Stocks

23,985

21,851

Debtors

5,647

6,750

Cash at bank and in hand

12,391

13,236

42,023

41,837

CREDITORS

Amounts falling due within one year

40,806

40,658

NET CURRENT ASSETS

1,217

1,179

TOTAL ASSETS LESS CURRENT LIABILITIES

2,914

2,342

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

2,912

2,340

SHAREHOLDERS' FUNDS

2,914

2,342

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 26 January 2017 and were signed by:

Ms M J Davison - 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 January

2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

-

25% 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

Provision is made at current rates for taxation deferred in respect of all material timing

differences to the extent that, in the opinion of the director, there is reasonable probability

that the liability will not arise in the foreseeable future.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

8,525

Additions

1,100

At 31 July 2016

9,625

DEPRECIATION

At 1 August 2015

7,362

Charge for year

566

At 31 July 2016

7,928

NET BOOK VALUE

At 31 July 2016

1,697

At 31 July 2015

1,163

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

£

2

Ordinary

£1

2

2