B F Darlow Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05125689 (England and Wales)

Abbreviated Accounts for the Year Ended 31 May 2015

for

B F DARLOW LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

Report of the Accountants

6

DIRECTORS:

Mr D Darlow

Mr G Bell

SECRETARY:

Mr T Frampton

REGISTERED OFFICE:

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

REGISTERED NUMBER:

05125689 (England and Wales)

FIXED ASSETS

Intangible assets

2

2,500

2,500

Tangible assets

3

389,316

402,171

391,816

404,671

CURRENT ASSETS

Stocks

58,064

405,200

Debtors

642,455

147,831

Cash at bank

-

66,123

700,519

619,154

CREDITORS

Amounts falling due within one year

832,798

752,050

NET CURRENT LIABILITIES

(132,279

)

(132,896

)

TOTAL ASSETS LESS CURRENT LIABILITIES

259,537

271,775

CREDITORS

Amounts falling due after more than one year

160,817

169,282

NET ASSETS

98,720

102,493

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Profit and loss account

97,720

101,493

SHAREHOLDERS' FUNDS

98,720

102,493

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 25 February 2016 and were signed on its behalf by:

Mr D Darlow - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance to improvements

Stocks

This includes Work in progress and is valued at cost price of goods and labour.

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

and 31 May 2015

2,500

NET BOOK VALUE

At 31 May 2015

2,500

At 31 May 2014

2,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

and 31 May 2015

549,957

DEPRECIATION

At 1 June 2014

147,786

Charge for year

12,855

At 31 May 2015

160,641

NET BOOK VALUE

At 31 May 2015

389,316

At 31 May 2014

402,171

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

£

1,000

Ordinary

£1

1,000

1,000

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.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2015 set out on pages two to four and you consider that the company is exempt from an audit.

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.

Date: .............................................