Bolton Blinds Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06493227 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Bolton Blinds Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Margery Carland

REGISTERED OFFICE:

4 Wigan Road

Bolton

Lancashire

BL3 5PZ

REGISTERED NUMBER:

06493227 (England and Wales)

ACCOUNTANTS:

Adam & Co Accountants Limited

251 Derby Street

Adamson House

Bolton

Lancashire

BL3 6LA

BANKERS:

HSBC Bank Plc

1-3 Victoria Square

Bolton

Lancashire

BL1 1RJ

FIXED ASSETS

Tangible assets

2

12,743

22,186

CURRENT ASSETS

Stocks

8,312

12,713

Debtors

68,839

111,968

Cash at bank and in hand

52,674

14,758

129,825

139,439

CREDITORS

Amounts falling due within one year

92,137

68,700

NET CURRENT ASSETS

37,688

70,739

TOTAL ASSETS LESS CURRENT LIABILITIES

50,431

92,925

CREDITORS

Amounts falling due after more than one year

3

59,471

93,720

NET LIABILITIES

(9,040

)

(795

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

(9,140

)

(895

)

SHAREHOLDERS' FUNDS

(9,040

)

(795

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 15 July 2014 and were signed by:

Margery Carland - 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 cost

Fixtures and fittings

-

25% 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

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

111,179

Additions

1,454

At 31 March 2014

112,633

DEPRECIATION

At 1 April 2013

88,993

Charge for year

10,897

At 31 March 2014

99,890

NET BOOK VALUE

At 31 March 2014

12,743

At 31 March 2013

22,186

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.3.14

31.3.13

£

£

Repayable otherwise than by instalments

59,471

91,667

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

100

100