B_P_RAIL_SERVICES_LIMITED - Accounts

B P RAIL SERVICES LIMITED - Company Information

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Company Registration No. 08810997 (England and Wales)

B P RAIL SERVICES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2015

B P RAIL SERVICES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

B P RAIL SERVICES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

21,066

17,925

Current assets

Stocks

780

Debtors

1,706

8,138

Cash at bank and in hand

12,523

15,012

15,009

23,150

Creditors: amounts falling due within one year

(4,755)

(5,193)

Net current assets

10,254

17,957

Total assets less current liabilities

31,320

35,882

Capital and reserves

Called up share capital

100

Profit and loss account

31,220

35,782

Shareholders' funds

31,320

35,882

For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 28 June 2016

Mr BS Pope

Director

Company Registration No. 08810997

B P RAIL SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

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:

Plant and machinery

25% reducing balance

Computer equipment

50% straight line

Motor vehicles

25% reducing balance

1.5

Leasing

1.6

Stock and work in progress

Work in progress is valued at the lower of cost and net realisable value.

Fixed assets

Tangible assets

Cost

At 1 January 2015

19,058

Additions

8,506

At 31 December 2015

27,564

Depreciation

At 1 January 2015

1,133

Charge for the year

5,365

At 31 December 2015

6,498

Net book value

At 31 December 2015

21,066

At 31 December 2014

17,925

B P RAIL SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary of £1 each

100