Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Border Automation Services Limited
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4 ) have been prepared.
Accountants' Report to the Director on the Preparation of the Statutory Accounts of
Border Automation Services Limited
for the Year Ended 31 May 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Border Automation Services Limited for the year ended 31 May 2016 set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Border Automation Services Limited , as a body, in accordance. Our work has been undertaken solely to prepare for your approval the accounts of Border Automation Services Limited . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Border Automation Services Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Border Automation Services Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Border Automation Services Limited. You consider that Border Automation Services Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Border Automation Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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SBMC Business Management Ltd
Accountants
432 Gloucester Road
Horfield
Bristol
BS7 8TX
21 November 2016
Border Automation Services Limited
(Registration number: 04774372)
Abbreviated Balance Sheet at 31 May 2016
Note |
2016
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2015
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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- |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
( |
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Shareholders' deficit |
( |
( |
Approved by the director on
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Mr G Frost
Director
2
Border Automation Services Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Goodwiil , being the amount paid in connectio with the acquistiaon of a business in 2004, was amortised evenly over its useful life.
Asset class |
Amortisation method and rate |
Goodwill |
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Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Plant & machinery |
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Office Equipment |
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Motor Vehicles |
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Stock
Financial instruments
Border Automation Services Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2016
......... continued
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 June 2015 |
20,000 |
26,705 |
46,705 |
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Additions |
- |
1,716 |
1,716 |
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At 31 May 2016 |
20,000 |
28,421 |
48,421 |
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Depreciation |
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At 1 June 2015 |
20,000 |
23,387 |
43,387 |
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Charge for the year |
- |
1,524 |
1,524 |
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At 31 May 2016 |
20,000 |
24,911 |
44,911 |
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Net book value |
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At 31 May 2016 |
- |
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At 31 May 2015 |
- |
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Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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