Bear Construction Cotswolds Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05469329 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 31 March 2015

for

Bear Construction Cotswolds Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S C Peet

Mrs J E Peet

SECRETARY:

Mrs J E Peet

REGISTERED OFFICE:

Rose Cottage

Slad

Stroud

Gloucestershire

GL6 7QE

REGISTERED NUMBER:

05469329 (England and Wales)

ACCOUNTANTS:

Kingscott Dix Limited

Chartered Accountants

Goodridge Court

Goodridge Avenue

Gloucester

Gloucestershire

GL2 5EN

CURRENT ASSETS

Stocks

1,800

2,150

Debtors

920

2,458

Cash at bank

8,645

11,527

11,365

16,135

CREDITORS

Amounts falling due within one year

10,444

15,747

NET CURRENT ASSETS

921

388

TOTAL ASSETS LESS CURRENT LIABILITIES

921

388

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

821

288

SHAREHOLDERS' FUNDS

921

388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 10 December 2015 and were signed on its behalf by:

S C Peet - 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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery

-

20% on cost

Motor vehicles

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

11,346

DEPRECIATION

At 1 April 2014

and 31 March 2015

11,346

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100