Abbreviated Company Accounts - BORDER BARRELS LIMITED

BORDER BARRELS LIMITED - Company Information

Registered Number SC120593

BORDER BARRELS LIMITED

Abbreviated Accounts

31 December 2013

BORDER BARRELS LIMITED Registered Number SC120593

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	6,393	237,065
		6,393	237,065
Current assets
Stocks		29,940	44,531
Debtors		282,867	59,249
Cash at bank and in hand		16,862	16,506
		329,669	120,286
Creditors: amounts falling due within one year		(77,395)	(77,828)
Net current assets (liabilities)		252,274	42,458
Total assets less current liabilities		258,667	279,523
Creditors: amounts falling due after more than one year		-	(3,512)
Total net assets (liabilities)		258,667	276,011
Capital and reserves
Called up share capital		1,000	1,000
Share premium account		49,500	49,500
Revaluation reserve		-	12,813
Profit and loss account		208,167	212,698
Shareholders' funds		258,667	276,011

For the year ending 31 December 2013 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 September 2014

And signed on their behalf by:
JAW Shirley, Director

BORDER BARRELS LIMITED Registered Number SC120593

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2013	414,006
Additions	-
Disposals	(259,695)
Revaluations	-
Transfers	-
At 31 December 2013	154,311
Depreciation
At 1 January 2013	176,941
Charge for the year	2,131
On disposals	(31,154)
At 31 December 2013	147,918
Net book values
At 31 December 2013	6,393
At 31 December 2012	237,065