B & B Machining Services Limited - Limited company - abbreviated

REGISTERED NUMBER: 02658460 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2014

FOR

B & B MACHINING SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

5

DIRECTORS:

M R Baylis

A W Brazier

SECRETARY:

A W Brazier

REGISTERED OFFICE:

Unit 9 Little Forge Road

Park Farm

Redditch

Worcestershire

B98 7SF

REGISTERED NUMBER:

02658460 (England and Wales)

ACCOUNTANTS:

Prince & Co

Charter House

Sandford Street

Lichfield

Staffordshire

WS13 6QA

FIXED ASSETS

Tangible assets

2

15,033

18,788

CURRENT ASSETS

Stocks

120

Debtors

58,024

68,990

Cash at bank and in hand

120,593

93,939

178,737

163,049

CREDITORS

Amounts falling due within one year

27,403

33,489

NET CURRENT ASSETS

151,334

129,560

TOTAL ASSETS LESS CURRENT
LIABILITIES

166,367

148,348

PROVISIONS FOR LIABILITIES

2,370

2,981

NET ASSETS

163,997

145,367

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

163,897

145,267

SHAREHOLDERS' FUNDS

163,997

145,367

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 15 June 2015 and were signed on its
behalf by:

A W Brazier - Director

M R Baylis - 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 etc

-

20% 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.

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

173,785

DEPRECIATION

At 1 December 2013

154,997

Charge for year

3,755

At 30 November 2014

158,752

NET BOOK VALUE

At 30 November 2014

15,033

At 30 November 2013

18,788

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/11/14

30/11/13

value:

£

100

Ordinary

£1

100

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages two to four) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2014 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.