Blackwater Floors Limited,Ltd - Accounts

Blackwater Floors Limited,Ltd - Accounts

BLACKWATER FLOORS LIMITED - Company Information

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2015-04-01 true false Private Limited Company 05720434 2016-03-31 05720434 2015-04-01 2016-03-31 05720434 2015-03-31 05720434 2014-04-01 2015-03-31 05720434 uk-bus:Director1 2015-04-01 2016-03-31 iso4217:GBP
Blackwater Floors Limited
For the year ended 31 March 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 05720434
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Contents Page
Blackwater Floors Limited
For the year ended 31 March 2016
1
Accountants' Report
2
Balance Sheet
3
Notes to the Abbreviated Financial Statements
3
Blackwater Floors Limited
Accountants' Report
For the year ended 31 March 2016
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 31 March 2016 and you consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you
to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
G O'Driscoll & Company
2 Catchpole Lane
Great Totham
Maldon
Essex
CM9 8PY
03 June 2016
Dated:
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Abbreviated Balance Sheet
Blackwater Floors Limited
As at 31 March 2016
05720434
Registered Number :
£
£
2016
Notes
2015
Current assets
Stocks
100
150
Debtors
10,834
18,957
Cash at bank and in hand
25,299
25,437
44,406
36,371
Creditors: amounts falling due within one year
(9,472)
(11,036)
26,899
33,370
Net current assets
Total assets less current liabilities
33,370
26,899
33,370
Net assets
26,899
Capital and reserves
Called up share capital
100
100
Profit and loss account
33,270
26,799
33,370
26,899
Shareholders funds
For the year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The director acknowledges his 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.
Date approved by the board: 03 June 2016
Philip Moon Director
Signed on behalf of the board of directors
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Notes to the Abbreviated Financial Statements
Blackwater Floors Limited
For the year ended 31 March 2016
1 Accounting Policies
Basis of accounting
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.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
by the shareholders prior to the balance sheet date.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Debtors include amounts recoverable on long term contracts which are stated at the net sales value of the work done after provision for contingencies and any anticipated future losses on contracts, less amounts received as progress payments on account. Any excess progress payments are included in creditors as payments on account.
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