Company Registration No. 01469087 (England and Wales)
Bo-Mac (Sheffield) Limited
Unaudited accounts
for the year ended 29 February 2020
Bo-Mac (Sheffield) Limited
Unaudited accounts
Contents
Bo-Mac (Sheffield) Limited
Company Information
for the year ended 29 February 2020
Directors
Iain Robert Boast
Kevin Vance Mitchell
Company Number
01469087 (England and Wales)
Registered Office
63 JENKIN ROAD
SHEFFIELD
S9 1AT
England
Bo-Mac (Sheffield) Limited
Statement of financial position
as at
29 February 2020
Tangible assets
99,610
127,331
Inventories
19,457
24,888
Cash at bank and in hand
3,142
3,735
Creditors: amounts falling due within one year
(241,471)
(245,403)
Net current assets
112,154
23,701
Total assets less current liabilities
211,764
151,032
Creditors: amounts falling due after more than one year
-
(2,960)
Provisions for liabilities
Net assets
211,764
148,036
Called up share capital
558
558
Profit and loss account
211,206
147,478
Shareholders' funds
211,764
148,036
For the year ending 29 February 2020 the company was entitled to exemption from audit 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 December 2020 and were signed on its behalf by
Iain Robert Boast
Director
Company Registration No. 01469087
Bo-Mac (Sheffield) Limited
Notes to the Accounts
for the year ended 29 February 2020
Bo-Mac (Sheffield) Limited is a private company, limited by shares, registered in England and Wales, registration number 01469087. The registered office is 63 JENKIN ROAD, SHEFFIELD, S9 1AT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% straight line
Motor vehicles
25% straight line
Fixtures & fittings
10% straight line
Computer equipment
25% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Bo-Mac (Sheffield) Limited
Notes to the Accounts
for the year ended 29 February 2020
4
Tangible fixed assets
Total
At 29 February 2020
312,297
Charge for the year
29,279
At 29 February 2020
212,687
At 29 February 2020
99,610
At 28 February 2019
127,331
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
21,210
70,167
5
Share capital
2020
2019
Allotted, called up and fully paid:
558 Ordinary shares of £1 each
558
558
6
Average number of employees
During the year the average number of employees was 14 (2019: 14).