D.G Bignall and Son Ltd,Ltd - Accounts

D.G Bignall and Son Ltd,Ltd - Accounts

D. G. BIGNALL & SON LIMITED - Company Information

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2014-06-01 true false Private Limited Company 05103323 2015-05-31 05103323 2014-06-01 2015-05-31 05103323 2014-05-31 05103323 2013-06-01 2014-05-31 05103323 uk-bus:Director1 2014-06-01 2015-05-31 05103323 uk-gaap:ToolsEquipment 2014-06-01 2015-05-31 05103323 uk-gaap:CommercialMotorVehicles 2014-06-01 2015-05-31 05103323 uk-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP
D.G Bignall and Son Ltd
For the year ended 31 May 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 05103323
2
Contents Page
D.G Bignall and Son Ltd
For the year ended 31 May 2015
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Accountants' Report
For the year ended 31 May 2015
D.G Bignall and Son Ltd
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 31 May 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.
Accountants and Tax Advisors
69 Banstead Road
Carshalton
Surrey
SM5 3NP
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4
Abbreviated Balance Sheet
D.G Bignall and Son Ltd
As at 31 May 2015
05103323
Registered Number :
£
£
2015
Notes
2014
Fixed assets
Tangible assets
2
5,841
6,803
5,841
6,803
Current assets
Debtors
21,566
31,163
Cash at bank and in hand
1,998
-
33,161
21,566
Creditors: amounts falling due within one year
(12,397)
(21,241)
9,169
11,920
Net current assets
Total assets less current liabilities
17,761
15,972
17,761
Net assets
15,972
Capital and reserves
Called up share capital
2
3
2
Profit and loss account
17,759
15,970
17,761
15,972
Shareholders funds
For the year ended 31 May 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director 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 director acknowledges his 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: 09 February 2016
Mr David Alan Bignall Director
Signed on behalf of the board of directors
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5
Notes to the Abbreviated Financial Statements
For the year ended 31 May 2015
D.G Bignall and Son Ltd
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:
Equipment
25% Reducing balance
Motor Vehicles
25% Reducing balance
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
33,978
At 01 June 2014
129
Additions
At 31 May 2015
34,107
Depreciation
27,175
At 01 June 2014
1,091
Charge for year
28,266
At 31 May 2015
Net book values
At 31 May 2015
5,841
6,803
At 31 May 2014
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6
Notes to the Abbreviated Financial Statements
For the year ended 31 May 2015
D.G Bignall and Son Ltd
3 Share capital
Authorised
2 Ordinary Share shares of £1.00 each
Allotted called up and fully paid
2015
2014
£
£
2 Ordinary Share shares of £1.00 each
2
2
2
2
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