B F Darlow Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05125689 (England and Wales)

Abbreviated Accounts for the Year Ended 31 May 2016

for

B F DARLOW LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

Report of the Accountants

6

DIRECTORS:

Mr D Darlow

Mr G Bell

SECRETARY:

Mr T Frampton

REGISTERED OFFICE:

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

REGISTERED NUMBER:

05125689 (England and Wales)

FIXED ASSETS

Intangible assets

2

2,500

Tangible assets

3

379,673

389,316

382,173

391,816

CURRENT ASSETS

Stocks

162,215

58,064

Debtors

251,116

642,455

Cash at bank and in hand

6,702

-

420,033

700,519

CREDITORS

Amounts falling due within one year

540,853

832,798

NET CURRENT LIABILITIES

(120,820

)

(132,279

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

261,353

259,537

CREDITORS

Amounts falling due after more than one
year

150,975

160,817

NET ASSETS

110,378

98,720

CAPITAL AND RESERVES

Called up share capital

4

1,000

Profit and loss account

109,378

97,720

SHAREHOLDERS' FUNDS

110,378

98,720

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 2 February 2017 and were signed on its behalf by:

Mr D Darlow - 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

-

20% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance to improvements

Stocks

This includes Work in progress and is valued at cost price of goods and labour.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

2,500

NET BOOK VALUE

At 31 May 2016

2,500

At 31 May 2015

2,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

549,957

DEPRECIATION

At 1 June 2015

160,641

Charge for year

9,643

At 31 May 2016

170,284

NET BOOK VALUE

At 31 May 2016

379,673

At 31 May 2015

389,316

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

1,000

Ordinary

£1

1,000

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2016 set out on pages two to three and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Date: .............................................