BE Commercial Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: SC348757 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2013

for

BE Commercial Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

C Traynor

SECRETARY:

Miss S Lang

REGISTERED OFFICE:

218 St Vincent Street

Glasgow

G2 5SG

REGISTERED NUMBER:

SC348757 (Scotland)

ACCOUNTANTS:

Campbell Dallas LLP

Titanium 1

King's Inch Place

Renfrew

PA4 8WF

FIXED ASSETS

Tangible assets

2

4,676

1,921

Investments

3

191

191

4,867

2,112

CURRENT ASSETS

Stocks

-

98,162

Debtors

1,727,016

1,698,572

Cash at bank

13,437

12,819

1,740,453

1,809,553

CREDITORS

Amounts falling due within one year

1,928,316

2,122,679

NET CURRENT LIABILITIES

(187,863

)

(313,126

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(182,996

)

(311,014

)

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

(182,997

)

(311,015

)

SHAREHOLDERS' FUNDS

(182,996

)

(311,014

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 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 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 26 September 2014 and were signed by:

C Traynor - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the going concern basis which assumes that the company

will continue in operation for the foreseeable future. The validity of the assumption depends on the

continued support of the parent company which is the main creditor. The directors are satisfied, at the time

of approval of the financial statements, that the support will continue for the foreseeable future.

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 April 2008).

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.

Plant and machinery etc

-

25% on reducing balance

Stocks

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

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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 2012

6,632

Additions

6,263

At 30 November 2013

12,895

DEPRECIATION

At 1 December 2012

4,711

Charge for year

3,508

At 30 November 2013

8,219

NET BOOK VALUE

At 30 November 2013

4,676

At 30 November 2012

1,921

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 December 2012

and 30 November 2013

191

NET BOOK VALUE

At 30 November 2013

191

At 30 November 2012

191

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

1

Ordinary

£1

1

1