Smiths Timber Merchants Ltd

SMITHS TIMBER MERCHANTS LIMITED - Company Information

true 1 January 2015 31 December 2015 31 December 2015 true false 3456359 true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 3456359 2014-12-31 3456359 2015-12-31 3456359 2015-01-01 2015-12-31 3456359 uk-gaap:RestatedAmount 2014-12-31 3456359 uk-gaap:RestatedAmount 2015-12-31 3456359 uk-gaap:NetGoodwill 2014-12-31 3456359 uk-gaap:NetGoodwill 2015-12-31 3456359 uk-gaap:NetGoodwill 2015-01-01 2015-12-31 3456359 uk-gaap:OtherIntangibleFixedAssets 2015-01-01 2015-12-31 3456359 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-12-31 3456359 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-12-31 3456359 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-01-01 2015-12-31 3456359 uk-gaap:DevelopmentCosts 2014-12-31 3456359 uk-gaap:DevelopmentCosts 2015-12-31 3456359 uk-gaap:DevelopmentCosts 2015-01-01 2015-12-31 3456359 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-12-31 3456359 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-01-01 2015-12-31 3456359 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-12-31 3456359 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-01-01 2015-12-31 3456359 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2014-12-31 3456359 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-12-31 3456359 uk-gaap:PlantMachinery 2015-01-01 2015-12-31 3456359 uk-gaap:PlantMachinery 2014-12-31 3456359 uk-gaap:PlantMachinery 2015-12-31 3456359 uk-gaap:Vehicles 2015-01-01 2015-12-31 3456359 uk-gaap:Vehicles 2014-12-31 3456359 uk-gaap:Vehicles 2015-12-31 3456359 uk-gaap:FixturesFittings 2015-01-01 2015-12-31 3456359 uk-gaap:FixturesFittings 2014-12-31 3456359 uk-gaap:FixturesFittings 2015-12-31 3456359 uk-gaap:ComputerEquipment 2015-01-01 2015-12-31 3456359 uk-gaap:ComputerEquipment 2014-12-31 3456359 uk-gaap:ComputerEquipment 2015-12-31 3456359 uk-gaap:SharesListedFixedAssetInvestments 2014-12-31 3456359 uk-gaap:SharesListedFixedAssetInvestments 2015-01-01 2015-12-31 3456359 uk-gaap:SharesListedFixedAssetInvestments 2015-12-31 3456359 uk-gaap:SharesUnlistedFixedAssetInvestments 2014-12-31 3456359 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-01-01 2015-12-31 3456359 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-12-31 3456359 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2014-12-31 3456359 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-01-01 2015-12-31 3456359 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-12-31 3456359 uk-gaap:ProvisionsForBadDebts 2014-12-31 3456359 uk-gaap:ProvisionsForBadDebts 2015-01-01 2015-12-31 3456359 uk-gaap:ProvisionsForBadDebts 2015-12-31 3456359 uk-gaap:ProvisionsForDeferredTaxation 2014-12-31 3456359 uk-gaap:ProvisionsForDeferredTaxation 2015-01-01 2015-12-31 3456359 uk-gaap:ProvisionsForDeferredTaxation 2015-12-31 3456359 uk-gaap:OtherProvisions 2014-12-31 3456359 uk-gaap:OtherProvisions 2015-01-01 2015-12-31 3456359 uk-gaap:OtherProvisions 2015-12-31 3456359 uk-gaap:WithinOneYear 2014-12-31 3456359 uk-gaap:WithinOneYear 2015-01-01 2015-12-31 3456359 uk-gaap:WithinOneYear 2015-12-31 3456359 uk-gaap:AfterOneYear 2014-12-31 3456359 uk-gaap:AfterOneYear 2015-01-01 2015-12-31 3456359 uk-gaap:AfterOneYear 2015-12-31 3456359 uk-bus:AllOrdinaryShares 2015-12-31 3456359 uk-bus:AllOrdinaryShares 2014-12-31 3456359 uk-bus:OrdinaryShareClass1 2015-12-31 3456359 uk-bus:OrdinaryShareClass2 2015-12-31 3456359 uk-bus:OrdinaryShareClass3 2015-12-31 3456359 uk-bus:OrdinaryShareClass4 2015-12-31 3456359 uk-bus:OrdinaryShareClass5 2015-12-31 3456359 uk-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 3456359 uk-bus:OrdinaryShareClass2 2015-01-01 2015-12-31 3456359 uk-bus:OrdinaryShareClass3 2015-01-01 2015-12-31 3456359 uk-bus:OrdinaryShareClass4 2015-01-01 2015-12-31 3456359 uk-bus:OrdinaryShareClass5 2015-01-01 2015-12-31 3456359 uk-bus:PreferenceShareClass1 2015-12-31 3456359 uk-bus:PreferenceShareClass2 2015-12-31 3456359 uk-bus:PreferenceShareClass3 2015-12-31 3456359 uk-bus:PreferenceShareClass4 2015-12-31 3456359 uk-bus:PreferenceShareClass5 2015-12-31 3456359 uk-bus:PreferenceShareClass1 2015-01-01 2015-12-31 3456359 uk-bus:PreferenceShareClass2 2015-01-01 2015-12-31 3456359 uk-bus:PreferenceShareClass3 2015-01-01 2015-12-31 3456359 uk-bus:PreferenceShareClass4 2015-01-01 2015-12-31 3456359 uk-bus:PreferenceShareClass5 2015-01-01 2015-12-31 3456359 uk-bus:CompanySecretary 2015-01-01 2015-12-31 3456359 uk-bus:RegisteredOffice 2015-01-01 2015-12-31 3456359 uk-bus:EntityAccountantsOrAuditors 2015-01-01 2015-12-31 3456359 uk-bus:EntityAccountantsOrAuditors 2015-12-31 3456359 uk-bus:MainBusiness 2015-01-01 2015-12-31 3456359 uk-bus:EntityBankers 2015-01-01 2015-12-31 3456359 uk-bus:EntityLawyersOrLegalAdvisers 2015-01-01 2015-12-31 3456359 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2015-01-01 2015-12-31 3456359 uk-bus:HighestPaidDirector 2015-01-01 2015-12-31 3456359 uk-bus:HighestPaidDirector 2015-12-31 3456359 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2015-01-01 2015-12-31 3456359 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2015-01-01 2015-12-31 3456359 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2015-01-01 2015-12-31 3456359 uk-bus:AllEntityOfficers 2015-01-01 2015-12-31 3456359 uk-gaap:InvestmentProperties 2014-12-31 3456359 uk-gaap:InvestmentProperties 2015-01-01 2015-12-31 3456359 uk-gaap:InvestmentProperties 2015-12-31 3456359 uk-gaap:IntellectualProperty 2015-01-01 2015-12-31 3456359 uk-gaap:IntellectualProperty 2014-12-31 3456359 uk-gaap:IntellectualProperty 2015-12-31 3456359 uk-countries:UnitedKingdom 2015-01-01 2015-12-31 3456359 uk-countries:Europe 2015-01-01 2015-12-31 3456359 uk-countries:NorthAmerica 2015-01-01 2015-12-31 3456359 uk-countries:SouthAmerica 2015-01-01 2015-12-31 3456359 uk-countries:Asia 2015-01-01 2015-12-31 3456359 uk-countries:RestWorldOutsideUK 2015-01-01 2015-12-31 3456359 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-01-01 2015-12-31 3456359 uk-gaap:LeasedTangibleFixedAssets 2015-01-01 2015-12-31 3456359 uk-gaap:AllSubsidiaries 2015-01-01 2015-12-31 3456359 uk-gaap:AllAssociates 2015-01-01 2015-12-31 3456359 dpl-gaap:CostSales 2014-12-31 3456359 dpl-gaap:CostSales 2015-12-31 3456359 dpl-gaap:CostSales 2015-01-01 2015-12-31 3456359 dpl-gaap:DistributionCosts 2015-01-01 2015-12-31 3456359 dpl-gaap:AdministrativeExpenses 2015-01-01 2015-12-31 3456359 uk-bus:Director1 2015-01-01 2015-12-31 3456359 uk-bus:Director1 2015-12-31 3456359 2013-12-31 3456359 2014-12-31 3456359 2014-01-01 2014-12-31 3456359 uk-gaap:RestatedAmount 2013-12-31 3456359 uk-gaap:RestatedAmount 2014-12-31 3456359 uk-gaap:NetGoodwill 2013-12-31 3456359 uk-gaap:NetGoodwill 2014-12-31 3456359 uk-gaap:NetGoodwill 2014-01-01 2014-12-31 3456359 uk-gaap:OtherIntangibleFixedAssets 2014-01-01 2014-12-31 3456359 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-12-31 3456359 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-12-31 3456359 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-01-01 2014-12-31 3456359 uk-gaap:DevelopmentCosts 2013-12-31 3456359 uk-gaap:DevelopmentCosts 2014-12-31 3456359 uk-gaap:DevelopmentCosts 2014-01-01 2014-12-31 3456359 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2013-12-31 3456359 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-01-01 2014-12-31 3456359 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-12-31 3456359 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2014-01-01 2014-12-31 3456359 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2013-12-31 3456359 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2014-12-31 3456359 uk-gaap:PlantMachinery 2014-01-01 2014-12-31 3456359 uk-gaap:PlantMachinery 2013-12-31 3456359 uk-gaap:PlantMachinery 2014-12-31 3456359 uk-gaap:Vehicles 2014-01-01 2014-12-31 3456359 uk-gaap:Vehicles 2013-12-31 3456359 uk-gaap:Vehicles 2014-12-31 3456359 uk-gaap:FixturesFittings 2014-01-01 2014-12-31 3456359 uk-gaap:FixturesFittings 2013-12-31 3456359 uk-gaap:FixturesFittings 2014-12-31 3456359 uk-gaap:ComputerEquipment 2014-01-01 2014-12-31 3456359 uk-gaap:ComputerEquipment 2013-12-31 3456359 uk-gaap:ComputerEquipment 2014-12-31 3456359 uk-gaap:SharesListedFixedAssetInvestments 2013-12-31 3456359 uk-gaap:SharesListedFixedAssetInvestments 2014-01-01 2014-12-31 3456359 uk-gaap:SharesListedFixedAssetInvestments 2014-12-31 3456359 uk-gaap:SharesUnlistedFixedAssetInvestments 2013-12-31 3456359 uk-gaap:SharesUnlistedFixedAssetInvestments 2014-01-01 2014-12-31 3456359 uk-gaap:SharesUnlistedFixedAssetInvestments 2014-12-31 3456359 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2013-12-31 3456359 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2014-01-01 2014-12-31 3456359 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2014-12-31 3456359 uk-gaap:ProvisionsForBadDebts 2013-12-31 3456359 uk-gaap:ProvisionsForBadDebts 2014-01-01 2014-12-31 3456359 uk-gaap:ProvisionsForBadDebts 2014-12-31 3456359 uk-gaap:ProvisionsForDeferredTaxation 2013-12-31 3456359 uk-gaap:ProvisionsForDeferredTaxation 2014-01-01 2014-12-31 3456359 uk-gaap:ProvisionsForDeferredTaxation 2014-12-31 3456359 uk-gaap:OtherProvisions 2013-12-31 3456359 uk-gaap:OtherProvisions 2014-01-01 2014-12-31 3456359 uk-gaap:OtherProvisions 2014-12-31 3456359 uk-gaap:WithinOneYear 2013-12-31 3456359 uk-gaap:WithinOneYear 2014-01-01 2014-12-31 3456359 uk-gaap:WithinOneYear 2014-12-31 3456359 uk-gaap:AfterOneYear 2013-12-31 3456359 uk-gaap:AfterOneYear 2014-01-01 2014-12-31 3456359 uk-gaap:AfterOneYear 2014-12-31 3456359 uk-bus:AllOrdinaryShares 2014-12-31 3456359 uk-bus:AllOrdinaryShares 2013-12-31 3456359 uk-bus:OrdinaryShareClass1 2014-12-31 3456359 uk-bus:OrdinaryShareClass2 2014-12-31 3456359 uk-bus:OrdinaryShareClass3 2014-12-31 3456359 uk-bus:OrdinaryShareClass4 2014-12-31 3456359 uk-bus:OrdinaryShareClass5 2014-12-31 3456359 uk-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 3456359 uk-bus:OrdinaryShareClass2 2014-01-01 2014-12-31 3456359 uk-bus:OrdinaryShareClass3 2014-01-01 2014-12-31 3456359 uk-bus:OrdinaryShareClass4 2014-01-01 2014-12-31 3456359 uk-bus:OrdinaryShareClass5 2014-01-01 2014-12-31 3456359 uk-bus:PreferenceShareClass1 2014-12-31 3456359 uk-bus:PreferenceShareClass2 2014-12-31 3456359 uk-bus:PreferenceShareClass3 2014-12-31 3456359 uk-bus:PreferenceShareClass4 2014-12-31 3456359 uk-bus:PreferenceShareClass5 2014-12-31 3456359 uk-bus:PreferenceShareClass1 2014-01-01 2014-12-31 3456359 uk-bus:PreferenceShareClass2 2014-01-01 2014-12-31 3456359 uk-bus:PreferenceShareClass3 2014-01-01 2014-12-31 3456359 uk-bus:PreferenceShareClass4 2014-01-01 2014-12-31 3456359 uk-bus:PreferenceShareClass5 2014-01-01 2014-12-31 3456359 uk-bus:CompanySecretary 2014-01-01 2014-12-31 3456359 uk-bus:RegisteredOffice 2014-01-01 2014-12-31 3456359 uk-bus:EntityAccountantsOrAuditors 2014-01-01 2014-12-31 3456359 uk-bus:EntityAccountantsOrAuditors 2014-12-31 3456359 uk-bus:MainBusiness 2014-01-01 2014-12-31 3456359 uk-bus:EntityBankers 2014-01-01 2014-12-31 3456359 uk-bus:EntityLawyersOrLegalAdvisers 2014-01-01 2014-12-31 3456359 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2014-01-01 2014-12-31 3456359 uk-bus:HighestPaidDirector 2014-01-01 2014-12-31 3456359 uk-bus:HighestPaidDirector 2014-12-31 3456359 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2014-01-01 2014-12-31 3456359 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2014-01-01 2014-12-31 3456359 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2014-01-01 2014-12-31 3456359 uk-bus:AllEntityOfficers 2014-01-01 2014-12-31 3456359 uk-gaap:InvestmentProperties 2013-12-31 3456359 uk-gaap:InvestmentProperties 2014-01-01 2014-12-31 3456359 uk-gaap:InvestmentProperties 2014-12-31 3456359 uk-gaap:IntellectualProperty 2014-01-01 2014-12-31 3456359 uk-gaap:IntellectualProperty 2013-12-31 3456359 uk-gaap:IntellectualProperty 2014-12-31 3456359 uk-countries:UnitedKingdom 2014-01-01 2014-12-31 3456359 uk-countries:Europe 2014-01-01 2014-12-31 3456359 uk-countries:NorthAmerica 2014-01-01 2014-12-31 3456359 uk-countries:SouthAmerica 2014-01-01 2014-12-31 3456359 uk-countries:Asia 2014-01-01 2014-12-31 3456359 uk-countries:RestWorldOutsideUK 2014-01-01 2014-12-31 3456359 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-01-01 2014-12-31 3456359 uk-gaap:LeasedTangibleFixedAssets 2014-01-01 2014-12-31 3456359 uk-gaap:AllSubsidiaries 2014-01-01 2014-12-31 3456359 uk-gaap:AllAssociates 2014-01-01 2014-12-31 3456359 dpl-gaap:CostSales 2013-12-31 3456359 dpl-gaap:CostSales 2014-12-31 3456359 dpl-gaap:CostSales 2014-01-01 2014-12-31 3456359 dpl-gaap:DistributionCosts 2014-01-01 2014-12-31 3456359 dpl-gaap:AdministrativeExpenses 2014-01-01 2014-12-31 3456359 uk-bus:Director1 2014-01-01 2014-12-31 3456359 uk-bus:Director1 2014-12-31

Registered number: 3456359

Abbreviated accounts

For The Year Ended 31 December 2015

Tom Geraghty & Associates

Chartered Accountants and Business Advisors

38 North Gate

Newark-on-Trent

Nottinghamshire

NG24 1EZ

Smiths Timber Merchants Ltd

Company No. 3456359

Abbreviated Balance Sheet 31 December 2015

Abbreviated Balance Sheet

		2015		2014
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	2		3,981		1,785

			3,981		1,785
CURRENT ASSETS
Stocks		45,376		39,636
Debtors		4,280		4,206
Cash at bank and in hand		516		516

		50,172		44,358
Creditors: Amounts Falling Due Within One Year		(60,604)		(51,351)

NET CURRENT ASSETS (LIABILITIES)			(10,432)		(6,993)

TOTAL ASSETS LESS CURRENT LIABILITIES			(6,451)		(5,208)

Creditors: Amounts Falling Due After More Than One Year	3		(69,043)		(72,543)

NET ASSETS			(75,494)		(77,751)

CAPITAL AND RESERVES
Called up share capital	4		100		100
Profit and Loss Account			(75,594)		(77,851)

SHAREHOLDERS' FUNDS			(75,494)		(77,751)

Page 1

Smiths Timber Merchants Ltd

Company No. 3456359

Abbreviated Balance Sheet (continued) 31 December 2015

For the year ending 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

On behalf of the board

Mr Robert Beall

23/02/2016

Page 2

Smiths Timber Merchants Ltd

Notes to the Abbreviated Accounts

For The Year Ended 31 December 2015

Notes to the Abbreviated Accounts

Accounting Policies

Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

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

Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	None
Plant & Machinery	20% Straight Line

Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

Tangible Assets


	Total
Cost	£
As at 1 January 2015	2,430
Additions	3,352

As at 31 December 2015	5,782

Depreciation
As at 1 January 2015	645
Provided during the period	1,156

As at 31 December 2015	1,801

Net Book Value
As at 31 December 2015	3,981

As at 1 January 2015	1,785

Page 3

Smiths Timber Merchants Ltd

Notes to the Abbreviated Accounts (continued)

For The Year Ended 31 December 2015

Creditors: Amounts Falling Due After More Than One Year

	2015	2014
	£	£
Bank loans	-	72,543
Loan from Thomas Smith	64,893	-
Loan from RJB	4,150	-

	69,043	72,543

Share Capital

	Value	Number	2015	2014
Allotted and called up	£		£	£
Ordinary shares	1.000	100	100	100

Transactions With and Loans to Directors

Dividends paid to directors

Ultimate Controlling Party

The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.

Page 4