Abbreviated Company Accounts - BARNHILL CATTLE COMPANY LTD

Abbreviated Company Accounts - BARNHILL CATTLE COMPANY LTD


Registered Number SC419200

BARNHILL CATTLE COMPANY LTD

Abbreviated Accounts

30 September 2014

BARNHILL CATTLE COMPANY LTD Registered Number SC419200

Abbreviated Balance Sheet as at 30 September 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 294 587
294 587
Current assets
Debtors 6,805 4,961
Cash at bank and in hand 331 51
7,136 5,012
Creditors: amounts falling due within one year (7,173) (5,514)
Net current assets (liabilities) (37) (502)
Total assets less current liabilities 257 85
Total net assets (liabilities) 257 85
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 255 83
Shareholders' funds 257 85
  • For the year ending 30 September 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 21 September 2015

And signed on their behalf by:
Ian Stewart Hunter, Director

BARNHILL CATTLE COMPANY LTD Registered Number SC419200

Notes to the Abbreviated Accounts for the period ended 30 September 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 the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of services falling within the company's ordinary activities.

Tangible assets depreciation policy
Fixed assets are stated at their cost prices, less accumulated depreciation and less amounts recognised in respect of impairment.

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 33.33% straight line

Other accounting policies
Going concern

No material uncertainties that cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors.

2Tangible fixed assets
£
Cost
At 1 October 2013 880
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2014 880
Depreciation
At 1 October 2013 293
Charge for the year 293
On disposals -
At 30 September 2014 586
Net book values
At 30 September 2014 294
At 30 September 2013 587
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
2 Ordinary shares of £1 each 2 2