Boston Van Hire Limited - Limited company - abbreviated

REGISTERED NUMBER: 03667448 (England and Wales)

BOSTON VAN HIRE LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

Chartered Accountants' Report

6

DIRECTORS:

V R Dent

Mrs R M Dent

SECRETARY:

A T Halliwell

REGISTERED OFFICE:

115 High Street

Boston

Lincolnshire

PE21 8TG

REGISTERED NUMBER:

03667448 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

5 Resolution Close

Endeavour Park

Boston

Lincolnshire

PE21 7TT

FIXED ASSETS

Tangible assets

2

20,930

10,595

CURRENT ASSETS

Stocks

360,720

277,741

Debtors

60,111

79,618

Cash at bank

7,597

-

428,428

357,359

CREDITORS

Amounts falling due within one year

3

224,209

206,404

NET CURRENT ASSETS

204,219

150,955

TOTAL ASSETS LESS CURRENT LIABILITIES

225,149

161,550

CREDITORS

Amounts falling due after more than one
year

3

(11,997

)

(4,536

)

PROVISIONS FOR LIABILITIES

(3,550

)

(1,343

)

NET ASSETS

209,602

155,671

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

209,502

155,571

SHAREHOLDERS' FUNDS

209,602

155,671

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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:

V R Dent - 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 and services, excluding value added tax, and is recognised at the time

the invoiced is issued.

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 equipment

-

15% on reducing balance

Office equipment

-

15% on 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.

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 commitments

Assets obtained under hire purchase contracts are capitalised in the balance sheet and depreciated over their

estimated useful lives.

The interest element of these obligations is charged to the profit and loss account over the relevant period.

The capital element of the future repayments is treated as a liability.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

26,495

Additions

13,917

At 30 April 2015

40,412

DEPRECIATION

At 1 May 2014

15,900

Charge for year

3,582

At 30 April 2015

19,482

NET BOOK VALUE

At 30 April 2015

20,930

At 30 April 2014

10,595

3.

CREDITORS

Creditors include an amount of £ 37,576 (2014 - £ 10,107 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is V R Dent.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have

been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Boston Van Hire Limited for the year ended 30 April 2015 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Boston Van Hire Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Boston Van Hire Limited and state those matters that we have agreed to state to the Board of Directors of Boston Van Hire Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Boston Van Hire Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Boston Van Hire Limited. You consider that Boston Van Hire Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Boston Van Hire Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial

statements.

Duncan & Toplis Limited

5 Resolution Close

Endeavour Park

Boston

Lincolnshire

PE21 7TT

10 December 2015

Boston Van Hire Limited - Limited company - abbreviated - 11.9

Boston Van Hire Limited - Limited company - abbreviated - 11.9