Barnes Packaging (Braintree) Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 01601949 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2015

FOR

BARNES PACKAGING (BRAINTREE) LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A J Steggall

N J Robinson

M A Holliday

SECRETARY:

N J Robinson

REGISTERED OFFICE:

2 Cooper Drive

Springwood Industrial Estate

Braintree

Essex

CM7 2RF

REGISTERED NUMBER:

01601949 (England and Wales)

ACCOUNTANTS:

Hackett Griffey LLP

Chartered Certified Accountants

2 Mill Road

Haverhill

Suffolk

CB9 8BD

FIXED ASSETS

Tangible assets

2

14,421

16,965

CURRENT ASSETS

Stocks

17,986

21,500

Debtors

134,884

157,755

Cash at bank and in hand

4,421

3,094

157,291

182,349

CREDITORS

Amounts falling due within one year

3

139,427

179,733

NET CURRENT ASSETS

17,864

2,616

TOTAL ASSETS LESS CURRENT
LIABILITIES

32,285

19,581

PROVISIONS FOR LIABILITIES

2,884

3,393

NET ASSETS

29,401

16,188

CAPITAL AND RESERVES

Called up share capital

4

52

Capital redemption reserve

53

Profit and loss account

29,296

16,083

SHAREHOLDERS' FUNDS

29,401

16,188

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 26 May 2016 and were signed on its behalf by:

A J Steggall - Director

N J Robinson - Director

M A Holliday - 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 is the amount derived from ordinary activities, stated after trade discounts, other sales taxes and net of

VAT.

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

-

15% 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.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

and 31 August 2015

189,979

DEPRECIATION

At 1 September 2014

173,014

Charge for year

2,544

At 31 August 2015

175,558

NET BOOK VALUE

At 31 August 2015

14,421

At 31 August 2014

16,965

3.

CREDITORS

Creditors include an amount of £ 35,595 (2014 - £ 76,576 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

10

A Ordinary

£1

10

B Ordinary

£1

10

C Ordinary

£1

10

D Ordinary

£1

10

E Ordinary

£1

10

1

F Ordinary

£1

1

L Ordinary

£1

1

52

5.	ULTIMATE PARENT COMPANY

S.H.R. Business Holdings Limited is regarded by the directors as being the company's ultimate parent company.