TRAVIS_BAKER_LIMITED - Accounts

TRAVIS BAKER LIMITED - Company Information

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Company Registration No. 05703678 (England and Wales)

TRAVIS BAKER LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

TRAVIS BAKER LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

TRAVIS BAKER LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

30,522

39,288

Current assets

Debtors

354,213

393,061

Cash at bank and in hand

255,868

452,643

610,081

845,704

Creditors: amounts falling due within one year

(572,151)

(817,059)

Net current assets

37,930

28,645

Total assets less current liabilities

68,452

67,933

Capital and reserves

Called up share capital

Profit and loss account

68,450

67,931

Shareholders' funds

68,452

67,933

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 14 September 2015

Mr D G Baker

Mr R W Travis

Director

Company Registration No. 05703678

TRAVIS BAKER LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

33% straight line and 20% reducing balance

Fixtures, fittings & equipment

20% reducing balance

1.5

Pensions

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

1.6

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

TRAVIS BAKER LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

Fixed assets

Tangible assets

Cost

At 1 April 2014

85,962

Additions

3,970

At 31 March 2015

89,932

Depreciation

At 1 April 2014

46,674

Charge for the year

12,736

At 31 March 2015

59,410

Net book value

At 31 March 2015

30,522

At 31 March 2014

39,288

Share capital

2015

2014

Allotted, called up and fully paid

2 Ordinary of £1 each