BD TOOLS LTD - Abbreviated accounts 16.1

REGISTERED NUMBER: 05570114 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2015

for

BD TOOLS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

B Patel

D Patel

REGISTERED OFFICE:

BEC 101

50 Cambridge Road

Barking

Essex

IG11 8FG

REGISTERED NUMBER:

05570114 (England and Wales)

ACCOUNTANTS:

Taxplus Accountants Ltd

29A Station Parade

Barking

Essex

IG11 8EB

FIXED ASSETS

Tangible assets

2

8,724

10,260

CURRENT ASSETS

Stocks

72,790

68,280

Debtors

4,935

7,688

Cash at bank and in hand

810

1,744

78,535

77,712

CREDITORS

Amounts falling due within one
year

253,838

258,670

NET CURRENT LIABILITIES

(175,303

)

(180,958

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(166,579

)

(170,698

)

CREDITORS

Amounts falling due after more
than one year

1,416

1,471

NET LIABILITIES

(167,995

)

(172,169

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(167,997

)

(172,171

)

SHAREHOLDERS' FUNDS

(167,995

)

(172,169

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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
22 August 2016 and were signed on its behalf by:

B Patel - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

and 30 November 2015

25,700

DEPRECIATION

At 1 December 2014

15,440

Charge for year

1,536

At 30 November 2015

16,976

NET BOOK VALUE

At 30 November 2015

8,724

At 30 November 2014

10,260

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.15

30.11.14

value:

£

2

Ordinary

1

2

4.	GOING CONCERN

The balance sheet date the company's liabilities exceeded its assets by

£1,72,169 and its ability to trade is

dependent on the financial support of its current director and shareholder.

Such financial support will continue to

be made and these accounts have been prepared on the basis that the company

will continue to trade normally.

Page