B_S_DAVID_&_SON_LIMITED - Accounts

B.S.DAVID & SON LIMITED - Company Information

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Company Registration No. 00783604 (England and Wales)

B S DAVID & SON LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2015

B S DAVID & SON LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

B S DAVID & SON LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Investments

Current assets

Debtors

71,922

Cash at bank and in hand

2,971

3,070

74,893

74,992

Creditors: amounts falling due within one year

(22,200)

Net current assets

52,693

52,792

Total assets less current liabilities

52,695

52,794

Capital and reserves

Called up share capital

600

Other reserves

300

Profit and loss account

51,795

51,894

Shareholders' funds

52,695

52,794

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 for issue on 12 September 2016

G A David

Director

Company Registration No. 00783604

B S DAVID & SON 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

1.2

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.3

Revenue recognition

Dividend income is recognised when declared by the subsidiary company.

1.4

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

Fixed assets

Investments

Cost

At 1 January 2015 & at 31 December 2015

At 31 December 2014

Share capital

2015

2014

Allotted, called up and fully paid

600 Ordinary of £1 each

600