Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Dave Taylor Coal Merchants Limited
Contents
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Dave Taylor Coal Merchants Limited (Registration number: 06491481)
Abbreviated Balance Sheet at 29 February 2016
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2016
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2015
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Fixed assets |
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Intangible fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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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 assets |
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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' funds |
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Approved by the Board on
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Mr D K Taylor
Director
1
Dave Taylor Coal Merchants Limited (Registration number: 06491481)
Abbreviated Balance Sheet at 29 February 2016
......... continued
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Mrs M Taylor
Director
2
Dave Taylor Coal Merchants Limited
Notes to the Abbreviated Accounts for the Year Ended 29 February 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
Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:
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 and machinery |
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Motor vehicles |
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Stock
Financial instruments
Dave Taylor Coal Merchants Limited
Notes to the Abbreviated Accounts for the Year Ended 29 February 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 March 2015 |
62,915 |
3,375 |
66,290 |
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At 29 February 2016 |
62,915 |
3,375 |
66,290 |
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Depreciation |
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At 1 March 2015 |
26,519 |
1,047 |
27,566 |
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Charge for the year |
3,146 |
585 |
3,731 |
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At 29 February 2016 |
29,665 |
1,632 |
31,297 |
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Net book value |
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At 29 February 2016 |
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At 28 February 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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