Belmount Products Ltd - Abbreviated accounts 16.3
Belmount Products Ltd - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 MAY 2016 |
| FOR |
| BELMOUNT PRODUCTS LIMITED |
| BELMOUNT PRODUCTS LIMITED (REGISTERED NUMBER: 04338833) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MAY 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| BELMOUNT PRODUCTS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MAY 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| BELMOUNT PRODUCTS LIMITED (REGISTERED NUMBER: 04338833) |
| ABBREVIATED BALANCE SHEET |
| 31 MAY 2016 |
| 31/5/16 | 31/5/15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| PROVISIONS FOR LIABILITIES |
| NET (LIABILITIES)/ASSETS | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| The director acknowledges his 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 were approved by the director on |
| BELMOUNT PRODUCTS LIMITED (REGISTERED NUMBER: 04338833) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MAY 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| No material uncertainties that may cast significant doubt about the ability of the company to continue as a going |
| concern have been identified by the directors. |
| Therefore the financial statements have been prepared on a going concern basis. |
| 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). |
| Exemption from preparing a cash flow statement |
| 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, except in respect of service contracts |
| where turnover is recognised when the company obtains the right to consideration. |
| Tangible fixed assets |
| Plant and machinery | - |
| Computer equipment | - |
| Deferred tax |
| Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of |
| certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, |
| except as required by the FRSSE. |
| Deferred tax is measured at the rates that are expected to apply when the timing differences are expected to |
| reverse, based on the tax rates and law enacted at the balance sheet date. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 June 2015 |
| and 31 May 2016 |
| DEPRECIATION |
| At 1 June 2015 |
| Charge for year |
| At 31 May 2016 |
| NET BOOK VALUE |
| At 31 May 2016 |
| At 31 May 2015 |
| BELMOUNT PRODUCTS LIMITED (REGISTERED NUMBER: 04338833) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MAY 2016 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/5/16 | 31/5/15 |
| value: | £ | £ |
| Ordinary 'A' | £1 |
| Ordinary 'B' | £1 |
| Ordinary 'C' | £1 |
| 4 | 4 |
| 4. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 May 2016 and |
| 31 May 2015: |
| 31/5/16 | 31/5/15 |
| £ | £ |
| Balance outstanding at start of year | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year | ( |
) |
| As at the year end Mr E Ursell was owed by the company £706 (2015 Mr E Ursell owed the company £904). |