Abbreviated Company Accounts - B.E. ALLEN & SONS, LIMITED

B.E. ALLEN & SONS, LIMITED - Company Information

01146335 B.E. ALLEN & SONS, LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 01146335 2015-01-01 2015-12-31 01146335 2015-12-31 01146335 2014-12-31 01146335 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 01146335 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 01146335

B.E. ALLEN & SONS, LIMITED

Abbreviated Accounts

31 December 2015

B.E. ALLEN & SONS, LIMITED Registered Number 01146335

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	68,776	86,833
Investments	3	416,500	416,500
		485,276	503,333
Current assets
Stocks		7,660	6,835
Debtors		101,975	102,101
Cash at bank and in hand		317,841	340,254
		427,476	449,190
Creditors: amounts falling due within one year		(15,191)	(14,836)
Net current assets (liabilities)		412,285	434,354
Total assets less current liabilities		897,561	937,687
Provisions for liabilities		(16,174)	(22,440)
Total net assets (liabilities)		881,387	915,247
Capital and reserves
Called up share capital	4	500	500
Revaluation reserve		180,204	180,204
Other reserves		500	500
Profit and loss account		700,183	734,043
Shareholders' funds		881,387	915,247

For the year ending 31 December 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 15 June 2016

And signed on their behalf by:
R Allen, Director

B.E. ALLEN & SONS, LIMITED Registered Number 01146335

Notes to the Abbreviated Accounts for the period ended 31 December 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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Leasehold over period of lease
Plant and machinery 10% of balance each year
Fixtures, fittings & equipment 10% of balance each year
Lorries and trailers 25% of balance each year
Motor cars 25% of balance each year

No depreciation or amortisation is provided in respect of freehold investment properties, in accordance with SSAP19.
This does not comply with the requirements of S396 of the Companies Act 2006.

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 January 2015	178,114
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	178,114
Depreciation
At 1 January 2015	91,281
Charge for the year	18,057
On disposals	-
At 31 December 2015	109,338
Net book values
At 31 December 2015	68,776
At 31 December 2014	86,833

3Fixed assets Investments
Investment Properties £416,500 (2014: £416,500)

The historical cost of land and buildings is £236,296 (2014: £236,296)

The freehold land and buildings are valued by the directors on the basis of rental income for the commercial property. Any surpluses or deficits arising are transferred to the Revaluation Reserve Account, except when the value is below original cost, the deficit is charged to the profit and loss account

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
500 Ordinary shares of £1 each	500	500