Bectel Handling Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06510934 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2014

for

Bectel Handling Ltd

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2

FIXED ASSETS

Tangible assets

2

6,279

8,372

CURRENT ASSETS

Stocks

86,120

53,950

Debtors

162,206

117,920

Cash at bank and in hand

4,031

4,808

252,357

176,678

CREDITORS

Amounts falling due within one year

255,015

182,925

NET CURRENT LIABILITIES

(2,658

)

(6,247

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,621

2,125

PROVISIONS FOR LIABILITIES

906

1,248

NET ASSETS

2,715

877

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

2,713

875

SHAREHOLDERS' FUNDS

2,715

877

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 7 July 2015 and were signed on its behalf by:

Mr T G Jones - 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 and services, excluding value added tax. Revenue is recognised

as the company becomes entitled to consideration for the goods and services supplied. Therefore, turnover also

includes the element of work completed but not yet invoiced on service contracts.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

and 31 October 2014

22,899

DEPRECIATION

At 1 November 2013

14,527

Charge for year

2,093

At 31 October 2014

16,620

NET BOOK VALUE

At 31 October 2014

6,279

At 31 October 2013

8,372

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.14

31.10.13

value:

£

£

2

Ordinary

£1

2

2