| Bristol Channel Diving Services Limited |
| Registered number: |
03088006 |
| Abbreviated Balance Sheet |
| as at 31 December 2013 |
|
| Notes |
|
|
2013 |
|
|
2012 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
5,960 |
|
|
20,233 |
|
| Current assets |
| Stocks |
|
|
43,645 |
|
|
55,054 |
| Debtors |
|
|
- |
|
|
2,319 |
| Cash at bank and in hand |
|
|
162 |
|
|
1,874 |
|
|
|
43,807 |
|
|
59,247 |
|
| Creditors: amounts falling due within one year |
|
|
(90,073) |
|
|
(110,321) |
|
| Net current liabilities |
|
|
|
(46,266) |
|
|
(51,074) |
|
| Net liabilities |
|
|
|
(40,306) |
|
|
(30,841) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
(40,308) |
|
|
(30,843) |
|
| Shareholders' funds |
|
|
|
(40,306) |
|
|
(30,841) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| N J Brock |
| Director |
| Approved by the board on 15/4/14 |
|
| Bristol Channel Diving Services Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 December 2013 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing balance |
|
Motor vehicles |
25% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2013 |
91,936 |
|
Additions |
2,820 |
|
Disposals |
(15,833) |
|
At 31 December 2013 |
78,923 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2013 |
71,703 |
|
Charge for the year |
2,579 |
|
On disposals |
(1,319) |
|
At 31 December 2013 |
72,963 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2013 |
5,960 |
|
At 31 December 2012 |
20,233 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2013 |
|
2013 |
|
2012 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
2 |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Going concern |
|
|
The accounts have been prepared on the going concern basis. |
|
The directors and shareholders financially support the company to ensure that |
|
liabilities are paid as they fall due. |
