Baylis Landscape Contractors Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03412494 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

FOR

BAYLIS LANDSCAPE CONTRACTORS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A L Baylis

P R Baylis

SECRETARY:

P R Baylis

REGISTERED OFFICE:

Hartshill Nursery

Thong Lane

Shorne

Gravesend

Kent

DA12 4AD

REGISTERED NUMBER:

03412494 (England and Wales)

ACCOUNTANTS:

Williams Giles Limited

Chartered Accountants

12 Conqueror Court

Sittingbourne

Kent

ME10 5BH

BANKERS:

Natwest Bank Plc

30 King Street

Gravesend

Kent

DA12 2DU

FIXED ASSETS

Tangible assets

2

23,239

22,113

CURRENT ASSETS

Stocks

4,450

Debtors

481,262

482,104

Cash at bank and in hand

16,167

755

501,879

487,309

CREDITORS

Amounts falling due within one year

240,112

293,131

NET CURRENT ASSETS

261,767

194,178

TOTAL ASSETS LESS CURRENT
LIABILITIES

285,006

216,291

PROVISIONS FOR LIABILITIES

4,124

3,000

NET ASSETS

280,882

213,291

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

279,882

212,291

SHAREHOLDERS' FUNDS

280,882

213,291

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 16 December 2016 and were signed on its behalf
by:

A L Baylis - 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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

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 August 2015

119,957

Additions

11,157

Disposals

(29,731

)

At 31 July 2016

101,383

DEPRECIATION

At 1 August 2015

97,844

Charge for year

7,902

Eliminated on disposal

(27,602

)

At 31 July 2016

78,144

NET BOOK VALUE

At 31 July 2016

23,239

At 31 July 2015

22,113

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1,000

Ordinary

£1

1,000