Accounts filed on 28-02-2015

BASE HANDLING PRODUCTS LTD - Company Information

true 04325394 BASE HANDLING PRODUCTS LTD 2015-02-28 58227 66546 166371 166371 99825 8319 108144 Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years. 59569 54791 340035 344984 42010 -46959 290193 280466 24372 -34099 117796 121337 114739 Stock is valued at the lower of cost and net realisable value. 52883 219187 226612 207473 218570 11714 8042 6378 787 340304 280282 426048 382875 42826 122698 198308 85534 136786 88834 48128 85809 -85744 -102593 32052 18744 7765 7765 0 13618 Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. 5236 6812 Government Grants are recognised in the Profit and Loss Account so as to match the expenditure towards which they are intended to contribute. To the extent that the grant is made as a contribution to a fixed asset, the directors have adopted the FRSSE which states that grant income be treated as deferred income. 12185 3857 1323 300 300 Ordinary 1.00 300 300 300 3557 1023 3857 1323 true true true true 2015-09-23 Mr Andrew Pitt The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). 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. Plant and Machinery Straight Line 15.00 Motor Vehicles Straight Line 25.00 Office Equipment Straight Line 20.00 Leasehold Land and Buildings Straight Line 20.00 Furniture Straight Line 10.00 During the year all directors used a current account with the company to record amounts due to them and amounts drawn by them. The account shows an amount owing back to Andrew Pitt as a director as at 28th February 2015 of £NIL (2014: £41.87). The accounts show an amount owing back to Ernest Pitt as a director as at 28th February 2015 of £11,638.72 (2014: £1,640.72). Also included within the loan account balance is the loan account with the company secretary, Elizabeth Pitt. The account shows an amount owing back to Elizabeth Pitt as at 28th February 2015 of £6,797.64 (2014: £297.64). Elizabeth Pitt is Company Secretary, shareholder and employee of Base Handling Products Ltd and is also Spouse of the Company Director Ernest Pitt. During the year the wages costs of £7,696.00 (2014: £7,676.00) were incurred in relation to Elizabeth Pitt as an employee. Ultimate controlling party Mr Andrew Pitt, Mr Ernest Pitt and Mrs Elizabeth Pitt each hold one third of the share capital of the company. Therefore together they are the company's ultimate controlling party. xbrli:shares xbrli:pure iso4217:GBP iso4217:GBP BASE HANDLING PRODUCTS LTD 2014-03-012015-02-28 BASE HANDLING PRODUCTS LTD 2013-03-01 2014-02-28 BASE HANDLING PRODUCTS LTD 2014-03-01 BASE HANDLING PRODUCTS LTD 2015-02-28 BASE HANDLING PRODUCTS LTD 2013-03-01 BASE HANDLING PRODUCTS LTD 2014-02-28 2015-10-05