Ball & Brothers Limited - Accounts to registrar - small 16.3

REGISTERED NUMBER: 04608496 (England and Wales)

Unaudited Financial Statements for the Year Ended 29 February 2016

for

Ball & Brothers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs A G Ball

SECRETARY:

REGISTERED OFFICE:

25 Station Road

Digswell

Welwyn

Hertfordshire

AL6 0DU

REGISTERED NUMBER:

04608496 (England and Wales)

ACCOUNTANTS:

Thornton Springer LLP

Chartered Accountants

67 Westow Street

Upper Norwood

London

SE19 3RW

FIXED ASSETS

Tangible assets

5

1,143

1,523

CURRENT ASSETS

Debtors

6

6,960

-

Cash at bank and in hand

16,065

36,408

23,025

36,408

CREDITORS

Amounts falling due within one year

7

12,907

23,166

NET CURRENT ASSETS

10,118

13,242

TOTAL ASSETS LESS CURRENT LIABILITIES

11,261

14,765

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

11,257

14,761

SHAREHOLDERS' FUNDS

11,261

14,765

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 29 November 2016 and were signed by:

Ms A G Ball - Director

1.	STATUTORY INFORMATION

Ball & Brothers Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. These are the company's first set of financial statements prepared in accordance with FRS 102. There were no transition adjustments.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

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

Deferred tax

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

where transactions or events that result in an obligation to pay more, or a right to pay less, tax in the future have occurred at

the balance sheet date.

This is subject to deferred tax assets only being recognised if it is considered more likely than not that there will be suitable

profits from which the future reversal of the underlying timing differences can be deducted.

Timing differences are differences arising between the Company's taxable profits and its results as stated in the financial

statements, which are capable of reversal in one or more subsequent periods.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2015

and 29 February 2016

9,966

DEPRECIATION

At 1 March 2015

8,443

Charge for year

380

At 29 February 2016

8,823

NET BOOK VALUE

At 29 February 2016

1,143

At 28 February 2015

1,523

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.2.16

28.2.15

£

£

Trade debtors

6,960

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.2.16

28.2.15

£

£

Bank loans and overdrafts

377

-

Trade creditors

4,203

5,306

Taxation and social security

5,724

11,500

Other creditors

2,603

6,360

12,907

23,166