Abbreviated Company Accounts - BEADLE CONSTRUCTION LIMITED

BEADLE CONSTRUCTION LIMITED - Company Information

Registered Number 06404811

BEADLE CONSTRUCTION LIMITED

Abbreviated Accounts

31 October 2014

BEADLE CONSTRUCTION LIMITED Registered Number 06404811

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	19,875	21,375
Tangible assets	3	24,361	32,481
		44,236	53,856
Current assets
Stocks		79,705	26,000
Debtors		48,487	123,790
Cash at bank and in hand		128,893	23,447
		257,085	173,237
Creditors: amounts falling due within one year		(100,283)	(65,793)
Net current assets (liabilities)		156,802	107,444
Total assets less current liabilities		201,038	161,300
Creditors: amounts falling due after more than one year		(4,548)	(7,608)
Total net assets (liabilities)		196,490	153,692
Capital and reserves
Called up share capital		100	100
Profit and loss account		196,390	153,592
Shareholders' funds		196,490	153,692

For the year ending 31 October 2014 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 29 July 2015

And signed on their behalf by:
A Beadle, Director

BEADLE CONSTRUCTION LIMITED Registered Number 06404811

Notes to the Abbreviated Accounts for the period ended 31 October 2014

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 amounts chargeable for services provided in the year excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following rates in order to write off each asset over its estimated useful life:

Plant and equipment 25% on cost per annum

Intangible assets amortisation policy
Goodwill is amortised over its estimated useful life of 20 years.

Other accounting policies
Stocks and work in progress
Stocks and work in progress are valued at the the lower of cost and net realisable value. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2Intangible fixed assets

	£
Cost
At 1 November 2013	30,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	30,000
Amortisation
At 1 November 2013	8,625
Charge for the year	1,500
On disposals	-
At 31 October 2014	10,125
Net book values
At 31 October 2014	19,875
At 31 October 2013	21,375

3Tangible fixed assets

	£
Cost
At 1 November 2013	84,141
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	84,141
Depreciation
At 1 November 2013	51,660
Charge for the year	8,120
On disposals	-
At 31 October 2014	59,780
Net book values
At 31 October 2014	24,361
At 31 October 2013	32,481