Davis & Birch Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04133648 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2015

FOR

DAVIS & BIRCH LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs K L Wall

Mr C P V Wall

REGISTERED OFFICE:

Unit 1 Centech Park

Fringe Meadow Road

North Moons Moat

Redditch

Worcestershire

B98 9NR

REGISTERED NUMBER:

04133648 (England and Wales)

ACCOUNTANTS:

Hawkins & Co.

Chartered Certified Accountants

11 Stratford Road

Shirley

Solihull

West Midlands

B90 3LU

BANKERS:

HSBC Bank plc

34 Poplar Road

Solihull

West Midlands

B91 3AF

FIXED ASSETS

Tangible assets

2

101,287

47,822

CURRENT ASSETS

Stocks

441

250

Debtors

627,075

146,074

Cash at bank

113,677

36,499

741,193

182,823

CREDITORS

Amounts falling due within one year

614,698

148,056

NET CURRENT ASSETS

126,495

34,767

TOTAL ASSETS LESS CURRENT LIABILITIES

227,782

82,589

CREDITORS

Amounts falling due after more than one year

(10,900

)

-

PROVISIONS FOR LIABILITIES

(5,246

)

(2,848

)

NET ASSETS

211,636

79,741

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

211,634

79,739

SHAREHOLDERS' FUNDS

211,636

79,741

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

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

Mr C P V Wall - Director

Mrs K L Wall - 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 sales of goods and services provided in the accounting period, including amounts

recoverable on contracts and excluding value added tax.

Amounts recoverable on contracts are services provided by the end of the accounting period but not invoiced at

that time. They are calculated at sales values and shown on the Balance Sheet as part of debtors.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2015

80,574

Additions

71,134

At 31st December 2015

151,708

DEPRECIATION

At 1st January 2015

32,752

Charge for year

17,669

At 31st December 2015

50,421

NET BOOK VALUE

At 31st December 2015

101,287

At 31st December 2014

47,822

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2

4.	ULTIMATE CONTROLLING PARTY