Abbreviated Company Accounts - BUTTS INTERNATIONAL LIMITED

Abbreviated Company Accounts - BUTTS INTERNATIONAL LIMITED

BUTTS INTERNATIONAL LIMITED - Company Information

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Registered Number 01481860

BUTTS INTERNATIONAL LIMITED

Abbreviated Accounts

31 December 2013

BUTTS INTERNATIONAL LIMITED Registered Number 01481860

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 753 1,004
753 1,004
Current assets
Stocks 33,000 34,200
Debtors 106,751 103,724
Cash at bank and in hand 22,780 22,144
162,531 160,068
Creditors: amounts falling due within one year (156,165) (147,029)
Net current assets (liabilities) 6,366 13,039
Total assets less current liabilities 7,119 14,043
Provisions for liabilities (145) (196)
Total net assets (liabilities) 6,974 13,847
Capital and reserves
Called up share capital 100 100
Profit and loss account 6,874 13,747
Shareholders' funds 6,974 13,847
  • For the year ending 31 December 2013 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 18 July 2014

And signed on their behalf by:
Zahir Butt, Director

BUTTS INTERNATIONAL LIMITED Registered Number 01481860

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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

2Tangible fixed assets
£
Cost
At 1 January 2013 8,424
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2013 8,424
Depreciation
At 1 January 2013 7,420
Charge for the year 251
On disposals -
At 31 December 2013 7,671
Net book values
At 31 December 2013 753
At 31 December 2012 1,004