Dalestorth Bakery Limited - Abbreviated accounts

Registered number

04581985

Dalestorth Bakery Limited

Abbreviated Accounts

31 July 2014

Dalestorth Bakery Limited
Registered number:		04581985
Abbreviated Balance Sheet
as at 31 July 2014

Notes			2014			2013
£				£
Fixed assets
Tangible assets	2		90,219			111,647

Current assets
Stocks		15,500			15,500
Debtors		29,378			33,905
Cash at bank and in hand		2,752			1,088
		47,630			50,493

Creditors: amounts falling due within one year		(90,291)			(107,466)

Net current liabilities			(42,661)			(56,973)

Total assets less current liabilities			47,558			54,674


Provisions for liabilities			(11,099)			(14,883)


Net assets			36,459			39,791

Capital and reserves
Called up share capital	3		1,500			1,500
Profit and loss account			34,959			38,291

Shareholders' funds			36,459			39,791

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mr M D Shetliffe
Director
Approved by the board on 25 September 2014

Dalestorth Bakery Limited
Notes to the Abbreviated Accounts
for the year ended 31 July 2014

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and equipment			15%/25% reducing balance
	Motor vehicles			25% reducing balance

	Stocks
	Stock is valued at the lower of cost and net realisable value.

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2	Tangible fixed assets					£

	Cost
	At 1 August 2013					259,137
	Additions					2,465
	Disposals					(12,000)
	At 31 July 2014					249,602

	Depreciation
	At 1 August 2013					147,490
	Charge for the year					20,097
	On disposals					(8,204)
	At 31 July 2014					159,383

	Net book value
	At 31 July 2014					90,219
	At 31 July 2013					111,647


3	Share capital	Nominal		2014		2014		2013
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		1,500		1,500		1,500