Beta Engineering (Stotfold) Ltd - Limited company - abbreviated - 11.9
Beta Engineering (Stotfold) Ltd - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 30 June 2015 |
| for |
| Beta Engineering (Stotfold) Ltd |
| Beta Engineering (Stotfold) Ltd (Registered number: 01275247) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 June 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Beta Engineering (Stotfold) Ltd |
| Company Information |
| for the Year Ended 30 June 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Beta Engineering (Stotfold) Ltd (Registered number: 01275247) |
| Abbreviated Balance Sheet |
| 30 June 2015 |
| 30.6.15 | 30.6.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors | 4 |
| Prepayments and accrued income |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Capital redemption reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| Beta Engineering (Stotfold) Ltd (Registered number: 01275247) |
| Abbreviated Balance Sheet - continued |
| 30 June 2015 |
| The financial statements were approved by the Board of Directors on |
| Beta Engineering (Stotfold) Ltd (Registered number: 01275247) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 June 2015 |
| 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). |
| Preparation of consolidated financial statements |
| The financial statements contain information about Beta Engineering (Stotfold) Ltd as an individual company |
| and do not contain consolidated financial information as the parent of a group. The company has taken the option |
| under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements. |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 July 2014 |
| Disposals | ( |
) |
| At 30 June 2015 |
| DEPRECIATION |
| At 1 July 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30 June 2015 |
| NET BOOK VALUE |
| At 30 June 2015 |
| At 30 June 2014 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments (neither listed nor unlisted) were as follows: |
| 30.6.15 | 30.6.14 |
| £ | £ |
| Bonding Techniques | 225,000 | 225,000 |
| Kingswoodbury Ltd | 2 | 2 |
| Stotfold Plating | 221,000 | 221,000 |
| Beta Engineering (Stotfold) Ltd (Registered number: 01275247) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 June 2015 |
| 3. | FIXED ASSET INVESTMENTS - continued |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 244,647 | 259,474 |
| Loss for the year | (14,827 | ) | (6,838 | ) |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 49.90 |
| £ | £ |
| Aggregate capital and reserves | (91,766 | ) | 52,524 |
| Loss for the year | (147,457 | ) | (70,329 | ) |
| This company has been treated as a subsidiary, as control is gained through the Director of Beta Engineering |
| (Stotfold) Limited, who owns the remaining 50.10% of the shares in the company. |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 49.00 |
| £ | £ |
| Aggregate capital and reserves | 649,779 | 572,449 |
| Profit for the year | 96,941 | 35,973 |
| This company has been treated as a subsidiary, as control is gained through the Director of Beta Engineering |
| (Stotfold) Limited, who owns the remaining 51.00% of the shares in the company. |
| 4. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.6.15 | 30.6.14 |
| value: | £ | £ |
| Ordinary | £1 |
| Beta Engineering (Stotfold) Ltd (Registered number: 01275247) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 June 2015 |
| 6. | RELATED PARTY DISCLOSURES |
| The company has charged rent, services and management charges to, and recovered shared overheads from, the |
| following companies in which J B Cherry holds the ultimate controlling interest, as follows: |
| 2015 | 2014 |
| £ | £ |
| Bonding Techniques (Stotfold) Ltd | 9,394 | 56,917 |
| Kingswoodbury Ltd | 16,100 | 15,266 |
| Stotfold Plating Co. Ltd | 147,668 | 148,224 |
| and incurred costs with the following entities for services, goods and interest amounting to: |
| 2015 | 2014 |
| £ | £ |
| Stotfold Plating Co. Ltd | 200 | 200 |
| At the year end the following amounts were due from and (to) J B Cherry and the companies referred to above: |
| 2015 | 2014 |
| £ | £ |
| J B Cherry | (819 | ) | (519 | ) |
| Bonding Techniques (Stotfold) Ltd | 35,359 | (14,641 | ) |
| Stotfold Plating Co. Ltd | (424,505 | ) | (394,505 | ) |
| Kingswoodbury Ltd | 1,451,303 | 1,441,303 |