Beaulieu Contracts Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 09119725 (England and Wales)

Abbreviated Accounts for the Year Ended 31 July 2016

for

Beaulieu Contracts Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P Bethell

S Figg

REGISTERED OFFICE:

1 St Nicholas Lodge

Church Street

Brighton

East Sussex

BN1 3LJ

REGISTERED NUMBER:

09119725 (England and Wales)

ACCOUNTANTS:

Atkinsons

Chartered Accountants

Palmeira Avenue Mansions

19 Church Road

Hove

East Sussex

BN3 2FA

FIXED ASSETS

Intangible assets

2

16,000

18,000

Tangible assets

3

11,352

8,856

27,352

26,856

CURRENT ASSETS

Debtors

20,063

19,621

Cash at bank and in hand

51,300

26,299

71,363

45,920

CREDITORS

Amounts falling due within one year

47,943

40,887

NET CURRENT ASSETS

23,420

5,033

TOTAL ASSETS LESS CURRENT
LIABILITIES

50,772

31,889

PROVISIONS FOR LIABILITIES

2,271

1,771

NET ASSETS

48,501

30,118

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

48,401

30,018

SHAREHOLDERS' FUNDS

48,501

30,118

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 28 February 2017 and were signed on its behalf
by:

S Figg - 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, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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

-

25% on reducing balance

Website

-

25% on reducing balance

Computer equipment

-

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 July 2016

20,000

AMORTISATION

At 1 August 2015

2,000

Amortisation for year

2,000

At 31 July 2016

4,000

NET BOOK VALUE

At 31 July 2016

16,000

At 31 July 2015

18,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

11,808

Additions

6,282

At 31 July 2016

18,090

DEPRECIATION

At 1 August 2015

2,952

Charge for year

3,786

At 31 July 2016

6,738

NET BOOK VALUE

At 31 July 2016

11,352

At 31 July 2015

8,856

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

100

Ordinary

£1

100