Barretts (Containers and Storage)Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02864339

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

BARRETTS (CONTAINERS AND STORAGE)LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

I N M Barrett

Mrs B M Osborne

A Greenhalgh

REGISTERED OFFICE:

50 Monument Industrial Park

Chalgrove

Oxfordshire

OX44 7RW

REGISTERED NUMBER:

02864339

ACCOUNTANTS:

Wentworths & Associates Limited

White Hart House

Silwood Road

Ascot

Berkshire

SL5 0PY

FIXED ASSETS

Intangible assets

2

-

5,022

Tangible assets

3

107,681

106,528

107,681

111,550

CURRENT ASSETS

Stocks

3,500

11,680

Debtors

97,996

111,556

Cash in hand

600

1,090

102,096

124,326

CREDITORS

Amounts falling due within one year

4

87,417

117,282

NET CURRENT ASSETS

14,679

7,044

TOTAL ASSETS LESS CURRENT LIABILITIES

122,360

118,594

CREDITORS

Amounts falling due after more than one year

4

(68,000

)

(72,472

)

PROVISIONS FOR LIABILITIES

(21,215

)

(9,281

)

NET ASSETS

33,145

36,841

CAPITAL AND RESERVES

Called up share capital

5

1,000

1,000

Profit and loss account

32,145

35,841

SHAREHOLDERS' FUNDS

33,145

36,841

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 28 August 2015 and were signed on its behalf by:

I N M Barrett - Director

Mrs B M Osborne - 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).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

48,930

AMORTISATION

At 1 January 2014

43,908

Amortisation for year

5,022

At 31 December 2014

48,930

NET BOOK VALUE

At 31 December 2014

-

At 31 December 2013

5,022

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

418,205

Additions

22,083

Disposals

(3,149

)

At 31 December 2014

437,139

DEPRECIATION

At 1 January 2014

311,677

Charge for year

17,781

At 31 December 2014

329,458

NET BOOK VALUE

At 31 December 2014

107,681

At 31 December 2013

106,528

4.

CREDITORS

Creditors include an amount of £ 22,128 (2013 - £ 44,865 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,000

Ordinary

1

1,000

1,000

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2014 and

31 December 2013:

2014

2013

£

£

I N M Barrett

Balance outstanding at start of year

4,995

-

Amounts advanced

15,000

4,995

Amounts repaid

-

-

Balance outstanding at end of year

19,995

4,995