Abbreviated Company Accounts - B.T.FELTON & SONS LIMITED

Abbreviated Company Accounts - B.T.FELTON & SONS LIMITED

B.T.FELTON & SONS LIMITED - Company Information

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Registered Number 00384022

B.T.FELTON & SONS LIMITED

Abbreviated Accounts

31 March 2015

B.T.FELTON & SONS LIMITED Registered Number 00384022

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 94,205 91,540
Investments 3 26 29
94,231 91,569
Current assets
Stocks 1,762,540 2,993,664
Debtors 62,352 790,593
Cash at bank and in hand 616,276 16,473
2,441,168 3,800,730
Creditors: amounts falling due within one year (548,064) (1,874,292)
Net current assets (liabilities) 1,893,104 1,926,438
Total assets less current liabilities 1,987,335 2,018,007
Creditors: amounts falling due after more than one year (668,073) (674,475)
Provisions for liabilities (15,233) (15,233)
Total net assets (liabilities) 1,304,029 1,328,299
Capital and reserves
Called up share capital 5,250 5,250
Profit and loss account 1,298,779 1,323,049
Shareholders' funds 1,304,029 1,328,299
  • For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • 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.

Approved by the Board on 16 December 2015

And signed on their behalf by:
M C Felton, Director

B.T.FELTON & SONS LIMITED Registered Number 00384022

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company net of Value Added Tax and discounts

2Tangible fixed assets
£
Cost
At 1 April 2014 333,247
Additions 17,322
Disposals (1,440)
Revaluations -
Transfers -
At 31 March 2015 349,129
Depreciation
At 1 April 2014 241,707
Charge for the year 13,217
On disposals -
At 31 March 2015 254,924
Net book values
At 31 March 2015 94,205
At 31 March 2014 91,540

3Fixed assets Investments
Shares in AG Lawrence (Plastering) Limited were disposed of during the year