Derrick Salzer Gardens Ltd - Abbreviated accounts 16.1

Derrick Salzer Gardens Ltd - Abbreviated accounts 16.1

DERRICK SALZER GARDENS LTD - Company Information

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REGISTERED NUMBER: 06454457 (England and Wales)













Abbreviated Unaudited Accounts

for the Year Ended 31 December 2015

for

Derrick Salzer Gardens Ltd

Derrick Salzer Gardens Ltd (Registered number: 06454457)






Contents of the Abbreviated Accounts
for the Year Ended 31 December 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Derrick Salzer Gardens Ltd

Company Information
for the Year Ended 31 December 2015







DIRECTOR: D Salzer





SECRETARY: Mrs C Salzer





REGISTERED OFFICE: Manor Farm
Shepton Beauchamp
ILMINSTER
Somerset
TA19 0LA





REGISTERED NUMBER: 06454457 (England and Wales)





ACCOUNTANTS: A C Mole & Sons
Stafford House
Blackbrook Park Avenue
Taunton
Somerset
TA1 2PX
Page 1
Derrick Salzer Gardens Ltd (Registered number: 06454457)

Abbreviated Balance Sheet
31 December 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 20,400 22,100
Tangible assets 3 64,153 65,915
84,553 88,015

CURRENT ASSETS
Debtors 5,184 7,884
Cash at bank 1,653 4,172
6,837 12,056
CREDITORS
Amounts falling due within one year 89,581 98,446
NET CURRENT LIABILITIES (82,744 ) (86,390 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,809
1,625

PROVISIONS FOR LIABILITIES 1,106 1,517
NET ASSETS 703 108

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 603 8
SHAREHOLDERS' FUNDS 703 108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these abbreviated accounts

Page 2 continued...
Derrick Salzer Gardens Ltd (Registered number: 06454457)

Abbreviated Balance Sheet - continued
31 December 2015


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 director on 19 September 2016 and were signed by:





D Salzer - Director


The notes form part of these abbreviated accounts

Page 3
Derrick Salzer Gardens Ltd (Registered number: 06454457)

Notes to the Abbreviated Accounts
for the Year Ended 31 December 2015

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

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

Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015
and 31 December 2015 34,000
AMORTISATION
At 1 January 2015 11,900
Amortisation for year 1,700
At 31 December 2015 13,600
NET BOOK VALUE

At 31 December 2015 20,400
At 31 December 2014 22,100

Page 4 continued...
Derrick Salzer Gardens Ltd (Registered number: 06454457)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 December 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015 72,285
Additions 571
At 31 December 2015 72,856
DEPRECIATION
At 1 January 2015 6,370
Charge for year 2,333
At 31 December 2015 8,703
NET BOOK VALUE
At 31 December 2015 64,153
At 31 December 2014 65,915

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100

Page 5