Company Registration No. 08121226 (England and Wales)
BARRINGTON GARDENING SERVICES LIMITED
UNAUDITED ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016
BARRINGTON GARDENING SERVICES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
BARRINGTON GARDENING SERVICES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2016
30 June 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Intangible assets
2
6,000
7,000
Tangible assets
2
5,642
5,686
11,642
12,686
Current assets
Stocks
385
400
Debtors
414
500
Cash at bank and in hand
-
6,537
799
7,437
Creditors: amounts falling due within one year
(10,876)
(18,095)
Net current liabilities
(10,077)
(10,658)
Total assets less current liabilities
1,565
2,028
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
1,465
1,928
Shareholders' funds
1,565
2,028
For the financial year ended 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges his 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 31 March 2017
Mr D T Bailey
Director
Company Registration No. 08121226
BARRINGTON GARDENING SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016
- 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 January 2015).
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. Revenue is recognised when the company obtains the right to consideration for the performance of its services.
Revenue is recognised when the company obtains the right to consideration for the performance of its services.
1.4
Goodwill
Acquired goodwill is written off in equal annual installments over its estimated useful economic life. Amortisation Amorisation 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: Assets class Amortisation method and rate Goodwill 10% straight line
Amortisation
Amorisation 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:
Assets class Amortisation method and rate
Goodwill 10% straight line
1.5
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:
Plant and machinery
25% reducing balance
Motor vehicles
25% reducing balance
1.6
Stock is valued at the lower of cost and net realisable value.
1.7
Hire purchase and leasing
Rentals payable under operating leases are charge in the profit and loss account on a straight line basis over the lease term.
BARRINGTON GARDENING SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2016
- 3 -
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 July 2015
10,000
11,837
21,837
Additions
-
1,836
1,836
At 30 June 2016
10,000
13,673
23,673
Depreciation
At 1 July 2015
3,000
6,151
9,151
Charge for the year
1,000
1,880
2,880
At 30 June 2016
4,000
8,031
12,031
Net book value
At 30 June 2016
6,000
5,642
11,642
At 30 June 2015
7,000
5,686
12,686
3
Share capital
2016
2015
Allotted, called up and fully paid
50 Ordinary Class A of £1 each
50
50
50 Ordinary Class B of £1 each
50
50
100
100