Brian J. Dale & Company Limited - Limited company - abbreviated - 11.0.0

BRIAN J. DALE & COMPANY LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs M G Dale

Mr D B Dale

Mr F D Dale

Mr G J Dale

Mr N K Dale

SECRETARY:

Mrs M G Dale

REGISTERED OFFICE:

Caynham House

Caynham

Ludlow

Shropshire

SY8 4JZ

REGISTERED NUMBER:

06378318 (England and Wales)

ACCOUNTANTS:

Ballard Dale Syree Watson LLP

11c Kingswood Road

Hampton Lovett

Droitwich

Worcestershire

WR9 0QH

FIXED ASSETS

Tangible assets

2

950,533

907,491

Investments

3

2,263

2,263

952,796

909,754

CURRENT ASSETS

Stocks

1,834,822

1,799,232

Debtors

396,394

320,034

Cash at bank

755,792

880,416

2,987,008

2,999,682

CREDITORS

Amounts falling due within one year

2,851,516

2,932,071

NET CURRENT ASSETS

135,492

67,611

TOTAL ASSETS LESS CURRENT LIABILITIES

1,088,288

977,365

PROVISIONS FOR LIABILITIES

14,254

1,223

NET ASSETS

1,074,034

976,142

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

1,074,033

976,141

SHAREHOLDERS' FUNDS

1,074,034

976,142

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 18 June 2014 and were signed on its behalf by:

Mr D B Dale - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Preparation of consolidated financial statements

The financial statements contain information about Brian J. Dale & Company Limited as an individual

company and do not contain consolidated financial information as the parent of a group. The company

has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated

financial statements.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment Property

-

not provided

Plant and machinery

-

at varying rates on cost

Fixtures and fittings

-

33.3% on cost

Motor vehicles

-

20% on cost

No depreciation is charged on freehold properties as the useful life is such a length and the residual

value is such that any depreciation over the life of the property would not be material to the accounts.

Stocks

Stock includes farm produce and is valued at the lower of cost and net realisable value.

Work in progress includes development work at cost.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Investment property

In accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), certain

of the company's properties are held for long term investment and are included in the balance sheet at

their open market values. The surplus(es) or deficit(s) on revaluation of such properties are transferred

to the investment property revaluation reserve. Depreciation is not provided in respect of the freehold

investment properties.

Leasehold investment properties are not amortised where the unexpired term is over twenty years.

This is in accordance with the requirements of the Companies Act 2006, which does not require all

properties to be depreciated.In the opinion of the directors, the residual value is not materially less than

the carrying value and therefore any depreciation charge would be immaterial.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

941,366

Additions

57,496

Disposals

(19,684

)

At 31 December 2013

979,178

DEPRECIATION

At 1 January 2013

33,875

Charge for year

14,454

Eliminated on disposal

(19,684

)

At 31 December 2013

28,645

NET BOOK VALUE

At 31 December 2013

950,533

At 31 December 2012

907,491

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2013

and 31 December 2013

2,263

NET BOOK VALUE

At 31 December 2013

2,263

At 31 December 2012

2,263

The company's investments at the balance sheet date in the share capital of companies include the

following:

Aardvark Tractors & Mowers (2011) Limited

Country of incorporation: England and Wales

Nature of business: Garden and horticultural dealership.

%

Class of shares:

holding

Ordinary Shares

75.00

2013

2012

£

£

Aggregate capital and reserves

(32,922

)

(15,885

)

Loss for the year

(17,037

)

(23,611

)

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

1

Ordinary

£1

1

1

5.	ULTIMATE PARENT COMPANY

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Amounts owed by Mrs M G Dale at 31 December were £41,504.