G&D Baker Ltd - Limited company - abbreviated

REGISTERED NUMBER: 04978016 (England and Wales)

Abbreviated Unaudited Accounts For The Year Ended 30 November 2014

for

G&D Baker Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr G N Baker

Mrs B Baker

Mrs D Baker

REGISTERED OFFICE:

4 Church Road

Hardingham

Norwich

Norfolk

NR9 4EN

REGISTERED NUMBER:

04978016 (England and Wales)

ACCOUNTANTS:

Aston Shaw Ltd

58 Thorpe Road

Norwich

Norfolk

NR1 1RY

FIXED ASSETS

Tangible assets

2

11,153

14,617

CURRENT ASSETS

Stocks

138,790

Debtors

107

Cash at bank

29,305

28,940

168,202

167,837

CREDITORS

Amounts falling due within one year

134,928

139,593

NET CURRENT ASSETS

33,274

28,244

TOTAL ASSETS LESS CURRENT
LIABILITIES

44,427

42,861

PROVISIONS FOR LIABILITIES

2,231

2,666

NET ASSETS

42,196

40,195

CAPITAL AND RESERVES

Called up share capital

3

149

Profit and loss account

42,047

40,046

SHAREHOLDERS' FUNDS

42,196

40,195

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 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 23 March 2015 and were signed on its behalf by:

Mr G N Baker - 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).

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

and 30 November 2014

21,467

DEPRECIATION

At 1 December 2013

6,850

Charge for year

3,464

At 30 November 2014

10,314

NET BOOK VALUE

At 30 November 2014

11,153

At 30 November 2013

14,617

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/11/14

30/11/13

value:

£

149

Ordinary

1

149

G&D Baker Ltd - Limited company - abbreviated - 11.6

G&D Baker Ltd - Limited company - abbreviated - 11.6