British Mica Co. Holdings Limited - Limited company - abbreviated - 11.6
British Mica Co. Holdings Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| BRITISH MICA CO. HOLDINGS LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 30TH JUNE 2014 |
| BRITISH MICA CO. HOLDINGS LIMITED (REGISTERED NUMBER: 03028673) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30TH JUNE 2014 |
| Page |
| Abbreviated Balance Sheet | 1 |
| Notes to the Abbreviated Accounts | 3 |
| BRITISH MICA CO. HOLDINGS LIMITED (REGISTERED NUMBER: 03028673) |
| ABBREVIATED BALANCE SHEET |
| 30TH JUNE 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| BRITISH MICA CO. HOLDINGS LIMITED (REGISTERED NUMBER: 03028673) |
| ABBREVIATED BALANCE SHEET - continued |
| 30TH JUNE 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Capital redemption reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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 financial statements were approved by the director on |
| BRITISH MICA CO. HOLDINGS LIMITED (REGISTERED NUMBER: 03028673) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30TH JUNE 2014 |
| 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 British Mica Co. Holdings 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 |
| All fixed assets are initially recorded at cost. |
| Depreciation |
| Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over |
| the useful economic life of that asset as follows: |
| Leasehold property - equal annual instalments over the term of lease |
| Plant and machinery - 15%, 20% or 25% on the reducing balance, or 20% on cost |
| Fixtures and fittings - 15% on the reducing balance |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| Operating lease agreements |
| Rentals applicable to operating leases where substantially all of the benefits and risks of ownership |
| remain with the lessor are charged against profits on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the |
| company's pension scheme are charged to the profit and loss account in the period to which they |
| relate. |
| BRITISH MICA CO. HOLDINGS LIMITED (REGISTERED NUMBER: 03028673) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 30TH JUNE 2014 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st July 2013 |
| and 30th June 2014 |
| DEPRECIATION |
| At 1st July 2013 |
| Charge for year |
| At 30th June 2014 |
| NET BOOK VALUE |
| At 30th June 2014 |
| At 30th June 2013 |
| 3. | INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1st July 2013 |
| and 30th June 2014 | 8,310 |
| NET BOOK VALUE |
| At 30th June 2014 |
| At 30th June 2013 |
| The company's investments at the balance sheet date in the share capital of companies include the |
| following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 81.53 |
| £ | £ |
| Aggregate capital and reserves | 11,078 | 11,078 |
| BRITISH MICA CO. HOLDINGS LIMITED (REGISTERED NUMBER: 03028673) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 30TH JUNE 2014 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |