Company Registration No. 04189298 (England and Wales)
BARNARD & BUTLER (CARPENTRY CONTRACTORS) LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
BARNARD & BUTLER (CARPENTRY CONTRACTORS) LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
BARNARD & BUTLER (CARPENTRY CONTRACTORS) LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2015
31 March 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
845
11,020
Current assets
Stocks
269,836
214,834
Debtors
68,278
79,989
Cash at bank and in hand
211,657
180,940
549,771
475,763
Creditors: amounts falling due within one year
(205,377)
(177,238)
Net current assets
344,394
298,525
Total assets less current liabilities
345,239
309,545
Capital and reserves
Called up share capital
3
50
100
Other reserves
50
-
Profit and loss account
345,139
309,445
Shareholders' funds
345,239
309,545
For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 17 September 2015
Mr D R Barnard
Mrs D M Barnard
Director
Director
Company Registration No. 04189298
BARNARD & BUTLER (CARPENTRY CONTRACTORS) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Computer equipment
33% per annum reducing balance
Fixtures, fittings & equipment
25% per annum reducing balance
Motor vehicles
25% per annum reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2014
40,089
Disposals
(23,227)
At 31 March 2015
16,862
Depreciation
At 1 April 2014
29,069
On disposals
(13,427)
Charge for the year
375
At 31 March 2015
16,017
Net book value
At 31 March 2015
845
At 31 March 2014
11,020
BARNARD & BUTLER (CARPENTRY CONTRACTORS) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2015
- 3 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
50 Ordinary shares of £1 each
50
100