Beal Davis Software Limited,Ltd - Accounts

Beal Davis Software Limited,Ltd - Accounts

BEAL DAVIS SOFTWARE LIMITED - Company Information

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2014-07-01 true false Private Limited Company 05149788 2015-06-30 05149788 2014-07-01 2015-06-30 05149788 2014-06-30 05149788 2013-07-01 2014-06-30 05149788 uk-bus:Director1 2014-07-01 2015-06-30 05149788 uk-gaap:PlantMachinery 2014-07-01 2015-06-30 05149788 uk-gaap:ComputerEquipment 2014-07-01 2015-06-30 05149788 uk-bus:OrdinaryShareClass1 2015-06-30 05149788 uk-bus:OrdinaryShareClass2 2015-06-30 05149788 uk-bus:OrdinaryShareClass3 2015-06-30 iso4217:GBP
Beal Davis Software Limited
For the year ended 30 June 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 05149788
2
Contents Page
Beal Davis Software Limited
For the year ended 30 June 2015
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Accountants' Report
For the year ended 30 June 2015
Beal Davis Software Limited
As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30 June
2015 and you consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil
your statutory responsibilities, from the accounting records and information and explanations supplied to us.
Bridgeman Accountants Ltd
23 Bridgeman Terrace
Wigan
WN1 1SX
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4
Abbreviated Balance Sheet
Beal Davis Software Limited
As at 30 June 2015
05149788
Registered Number :
£
£
2015
Notes
2014
Fixed assets
Tangible assets
2
5,024
4,741
5,024
4,741
Current assets
Stocks
63,112
-
Debtors
64,089
72,903
Cash at bank and in hand
221,705
136,347
294,608
263,548
Creditors: amounts falling due within one year
(213,255)
(177,663)
50,293
116,945
Net current assets
Total assets less current liabilities
121,969
55,034
121,969
Net assets
55,034
Capital and reserves
Called up share capital
100
3
100
Profit and loss account
121,869
54,934
121,969
55,034
Shareholders funds
For the year ended 30 June 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) 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.
Date approved by the board: 20 October 2015
Mr D Humphreys Director
Signed on behalf of the board of directors
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5
Notes to the Abbreviated Financial Statements
For the year ended 30 June 2015
Beal Davis Software Limited
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the
shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
Computer Equipment
33% Reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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6
Notes to the Abbreviated Financial Statements
For the year ended 30 June 2015
Beal Davis Software Limited
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
12,722
At 01 July 2014
2,670
Additions
At 30 June 2015
15,392
Depreciation
7,981
At 01 July 2014
2,387
Charge for year
10,368
At 30 June 2015
Net book values
At 30 June 2015
5,024
4,741
At 30 June 2014
3 Share capital
Allotted called up and fully paid
2015
2014
£
£
100 Ordinary shares of £1.00 each
100
100
1 Ordinary A shares of £1.00 each
1
1
1 Ordinary B shares of £1.00 each
1
1
102
102
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