Bignall Group Limited - Abbreviated accounts 16.3
Bignall Group Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 30 APRIL 2016 |
| FOR |
| BIGNALL GROUP LIMITED |
| BIGNALL GROUP LIMITED (REGISTERED NUMBER: 01249631) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 30 April 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| BIGNALL GROUP LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 30 April 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| BIGNALL GROUP LIMITED (REGISTERED NUMBER: 01249631) |
| ABBREVIATED BALANCE SHEET |
| 30 April 2016 |
| 30/4/16 | 30/4/15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Share premium |
| Capital redemption reserve |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| BIGNALL GROUP LIMITED (REGISTERED NUMBER: 01249631) |
| ABBREVIATED BALANCE SHEET - continued |
| 30 April 2016 |
| The financial statements were approved by the Board of Directors on |
| BIGNALL GROUP LIMITED (REGISTERED NUMBER: 01249631) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 30 April 2016 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention. |
| Financial reporting standard number 1 |
| Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a |
| small company. |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Goodwill |
| Tangible fixed assets |
| Plant and machinery | - |
| Motor vehicles | - |
| Office equipment | - |
| 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 |
| Expenditure on research and development is written off in the year in which it is incurred. |
| 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. |
| 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. |
| Deferred government grants |
| Government grants in respect of capital expenditure are treated as deferred income and are credited to the profit |
| and loss account over the estimated useful economic life of the assets to which they relate. |
| BIGNALL GROUP LIMITED (REGISTERED NUMBER: 01249631) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 30 April 2016 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 May 2015 |
| and 30 April 2016 |
| AMORTISATION |
| At 1 May 2015 |
| Amortisation for year |
| At 30 April 2016 |
| NET BOOK VALUE |
| At 30 April 2016 |
| At 30 April 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 May 2015 |
| Additions |
| At 30 April 2016 |
| DEPRECIATION |
| At 1 May 2015 |
| Charge for year |
| At 30 April 2016 |
| NET BOOK VALUE |
| At 30 April 2016 |
| At 30 April 2015 |
| BIGNALL GROUP LIMITED (REGISTERED NUMBER: 01249631) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 30 April 2016 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 May 2015 |
| and 30 April 2016 | 10,064 |
| NET BOOK VALUE |
| At 30 April 2016 |
| At 30 April 2015 |
| Investments (neither listed nor unlisted) were as follows: |
| 30/4/16 | 30/4/15 |
| £ | £ |
| Other | 68,179 | 62,812 |
| Investment revaluation | (9,251 | ) | 669 |
| Investment income | 1,945 | 2,605 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary £1 Shares | 100.00 |
| Preference £1 Shares | 100.00 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| Country of incorporation: USA |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary £1 Shares | 100.00 |
| BIGNALL GROUP LIMITED (REGISTERED NUMBER: 01249631) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 30 April 2016 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted and issued | Nominal | 30.4.15 | 30.4.14 |
| Number | Class | value | £ | £ |
| 4,000 | B Ordinary | £1 | 4,000 | 4,000 |
| 200 | C Ordinary | £1 | 200 | 200 |
| 15,000 | D Ordinary | £1 | 15,200 | 15,200 |
| 15,000 | E Ordinary | £1 | 15,000 | 15,000 |
| 12,500 | F Ordinary | £1 | 12,500 | 12,500 |
| 7,500 | G Ordinary | £1 | 7,500 | 7,500 |
| 54,400 | 54,400 |