BPA (UK) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04583110 (England and Wales)

BPA (UK) Limited

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A E Hartley

SECRETARY:

N J Duxbury FCA

REGISTERED OFFICE:

Unit A6

Astra Park

Parkside Lane

Leeds

West Yorkshire

LS11 5SZ

REGISTERED NUMBER:

04583110 (England and Wales)

ACCOUNTANTS:

Integra Corporate Finance Limited

Chartered Accountants & Registered Auditors

1 Whitehall Quay

Whitehall Road

LEEDS

West Yorkshire

LS1 4HR

FIXED ASSETS

Intangible assets

2

42,535

47,852

Tangible assets

3

16,691

26,977

59,226

74,829

CURRENT ASSETS

Stocks

159,215

159,215

Debtors

237,821

193,758

Cash at bank and in hand

21,060

37,905

418,096

390,878

CREDITORS

Amounts falling due within one year

4

240,729

245,664

NET CURRENT ASSETS

177,367

145,214

TOTAL ASSETS LESS CURRENT LIABILITIES

236,593

220,043

CREDITORS

Amounts falling due after more than one year

4

-

(1,052

)

PROVISIONS FOR LIABILITIES

-

(444

)

NET ASSETS

236,593

218,547

CAPITAL AND RESERVES

Called up share capital

5

10,100

10,100

Profit and loss account

226,493

208,447

SHAREHOLDERS' FUNDS

236,593

218,547

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 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 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 director on 9 March 2015 and were signed by:

A E Hartley - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Long leasehold

-

in accordance with the property

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on cost

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

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.

Financing

The company has agreed to assign certain of its trade debtors under a recourse factoring agreement to a financial

institution. The separate presentation method has been adopted under guidance from the Financial Reporting

Standard for Smaller Entities (FRSSE) and therefore trade debtors assigned are shown in debtors and amounts

advanced by the financial institution are shown in creditors on the balance sheet.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

and 30 November 2014

106,337

AMORTISATION

At 1 December 2013

58,485

Amortisation for year

5,317

At 30 November 2014

63,802

NET BOOK VALUE

At 30 November 2014

42,535

At 30 November 2013

47,852

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

131,224

Additions

308

At 30 November 2014

131,532

DEPRECIATION

At 1 December 2013

104,247

Charge for year

10,594

At 30 November 2014

114,841

NET BOOK VALUE

At 30 November 2014

16,691

At 30 November 2013

26,977

4.

CREDITORS

Creditors include an amount of £ 118,406 (2013 - £ 119,962 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

10,000

Ordinary Shares

£1

10,000

10,000

100

Non Voting Dividend Only

£1

100

100

10,100

10,100