Bartlett's Key Services Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03652517 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

BARTLETT'S KEY SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D J Wright

H J Wright

SECRETARY:

D J Wright

REGISTERED OFFICE:

Suite 3, 1st Floor

Stanmore House

15-19 Church Road

Stanmore

Middlesex

HA7 4AR

REGISTERED NUMBER:

03652517 (England and Wales)

ACCOUNTANTS:

Michael Levy & Co

Suite 3, First Floor

Stanmore House

15-19 Church Road

Stanmore

Middlesex

HA7 4AR

BANKERS:

National Westminster Bank plc

Hendon Central Circus Branch

5 Central Circus

London

NW4 3LA

FIXED ASSETS

Tangible assets

2

81,291

85,829

CURRENT ASSETS

Stocks

27,476

26,414

Debtors

21,475

41,113

Cash at bank and in hand

21,248

3,564

70,199

71,091

CREDITORS

Amounts falling due within one year

3

83,925

77,440

NET CURRENT LIABILITIES

(13,726

)

(6,349

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

67,565

79,480

CREDITORS

Amounts falling due after more than one
year

3

66,738

79,304

NET ASSETS

827

176

CAPITAL AND RESERVES

Called up share capital

4

56

Capital redemption reserve

44

Profit and loss account

727

76

SHAREHOLDERS' FUNDS

827

176

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 28 November 2016 and were signed on
its behalf by:

H J Wright - 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 and services, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on reducing balance, 15% on reducing balance and 10% on reducing balance

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held

under finance leases are depreciated over their estimated useful lives or the lease term, whichever is

the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

196,645

Additions

479

At 31 March 2016

197,124

DEPRECIATION

At 1 April 2015

110,816

Charge for year

5,017

At 31 March 2016

115,833

NET BOOK VALUE

At 31 March 2016

81,291

At 31 March 2015

85,829

3.

CREDITORS

Creditors include an amount of £ 79,034 (2015 - £ 91,300 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

36

Ordinary

£1

36

20

"B" Non-voting

£1

20

56