Abbreviated Company Accounts - BAR TRANSPORT LTD

Abbreviated Company Accounts - BAR TRANSPORT LTD

BAR TRANSPORT LTD - Company Information

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Registered Number 06339824

BAR TRANSPORT LTD

Abbreviated Accounts

31 August 2015

BAR TRANSPORT LTD Registered Number 06339824

Abbreviated Balance Sheet as at 31 August 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 11,000 -
Tangible assets 3 487 757
11,487 757
Current assets
Debtors 2,000 5,000
Cash at bank and in hand 1,542 4,741
3,542 9,741
Creditors: amounts falling due within one year (13,543) (9,795)
Net current assets (liabilities) (10,001) (54)
Total assets less current liabilities 1,486 703
Total net assets (liabilities) 1,486 703
Capital and reserves
Called up share capital 1 1
Revaluation reserve 702 460
Profit and loss account 783 242
Shareholders' funds 1,486 703
  • For the year ending 31 August 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 May 2016

And signed on their behalf by:
RICHARD DIGGLE, Director

BAR TRANSPORT LTD Registered Number 06339824

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods supplied to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the rate of 25% reducing balance on all vehicles & equipment.

Intangible assets amortisation policy
No amortisation has been provided on Goodwill.

2Intangible fixed assets
£
Cost
At 1 September 2014 -
Additions 11,000
Disposals -
Revaluations -
Transfers -
At 31 August 2015 11,000
Amortisation
At 1 September 2014 -
Charge for the year -
On disposals -
At 31 August 2015 -
Net book values
At 31 August 2015 11,000
At 31 August 2014 -
3Tangible fixed assets
£
Cost
At 1 September 2014 3,274
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2015 3,274
Depreciation
At 1 September 2014 2,517
Charge for the year 270
On disposals -
At 31 August 2015 2,787
Net book values
At 31 August 2015 487
At 31 August 2014 757