Bransford Garden Plants Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 00686208 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2014

FOR

BRANSFORD GARDEN PLANTS LIMITED

TRADING AS

THE BRANSFORD WEBBS PLANT COMPANY

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

W T J Tooby

G Caesar

A G Marskell

R J Colbourne

E A B Webb

C Burton

SECRETARY:

Mrs J E Cox

REGISTERED OFFICE:

Bransford Garden Plants Limited

Bransford

Worcester

Worcestershire

WR6 5JN

REGISTERED NUMBER:

00686208 (England and Wales)

ACCOUNTANTS:

John Yelland & Company

Chartered Accountants

22 Sansome Walk

Worcester

Worcestershire

WR1 1LS

FIXED ASSETS

Tangible assets

2

1,412,333

1,268,185

Investments

3

513

513

1,412,846

1,268,698

CURRENT ASSETS

Stocks

538,772

565,234

Debtors

144,893

95,922

Cash at bank and in hand

1,159,563

1,056,606

1,843,228

1,717,762

CREDITORS

Amounts falling due within one year

654,366

628,606

NET CURRENT ASSETS

1,188,862

1,089,156

TOTAL ASSETS LESS CURRENT LIABILITIES

2,601,708

2,357,854

PROVISIONS FOR LIABILITIES

130,973

99,430

NET ASSETS

2,470,735

2,258,424

CAPITAL AND RESERVES

Called up share capital

4

36,585

36,585

Share premium

326,354

326,354

Profit and loss account

2,107,796

1,895,485

SHAREHOLDERS' FUNDS

2,470,735

2,258,424

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

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

W T J Tooby - 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Leasehold buildings - 10% reducing balance

Leasehold buildings - New despatch building - 4% straight line per annum

Plant and machinery - 2% to 33.3% straight line per annum

Motor vehicles - 20% to 40% reducing balance per annum

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

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.

Investments

Investments are included at cost.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2014

1,987,807

Additions

241,838

At 31st December 2014

2,229,645

DEPRECIATION

At 1st January 2014

719,622

Charge for year

97,690

At 31st December 2014

817,312

NET BOOK VALUE

At 31st December 2014

1,412,333

At 31st December 2013

1,268,185

3.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2014

2013

£

£

Investments

513

513

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

36,585

Ordinary

£1

36,585

36,585