Accounts filed on 31-12-2016

Accounts filed on 31-12-2016

BARON, MCGARVEY LIMITED - Company Information

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02550395falsethat of running a holiday estate and conference centre2016-01-012016-12-31http://www.companieshouse.gov.uk/2015-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-12-31http://www.companieshouse.gov.uk/cd:Director12016-01-012016-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2016-12-31http://www.companieshouse.gov.uk/cd:Director22016-01-012016-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2015-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2016-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-01-012016-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2016-01-012016-12-31http://www.companieshouse.gov.uk/2016-01-012016-12-31http://www.companieshouse.gov.uk/2015-12-31http://www.companieshouse.gov.uk/cd:FRS1022016-01-012016-12-31http://www.companieshouse.gov.uk/2016-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2016-01-012016-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2015-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2016-01-012016-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2016-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02550395
Baron McGarvey Limited
ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2016
Prepared By:
Pritchard & Co
Chartered Certified Accountants
Ffynnonddofn
74 High Street
Fishguard
Pembrokeshire
SA65 9AU
Baron McGarvey Limited
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016
DIRECTORS
Mr A Baron
Mrs J E Baron
SECRETARY
Mrs J E Baron
REGISTERED OFFICE
Ffynnonddofn
74 High Street
Fishguard
Pembrokeshire
SA65 9AU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02550395
ACCOUNTANTS
Pritchard & Co
Chartered Certified Accountants
Ffynnonddofn
74 High Street
Fishguard
Pembrokeshire
SA65 9AU
Baron McGarvey Limited
FINANCIAL STATEMENTS
FOR THEYEARENDED31 DECEMBER 2016
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Baron McGarvey Limited
BALANCE SHEET AT 31 December 2016
20162015
Notes££
FIXED ASSETS
Tangible assets289,29296,805
CURRENT ASSETS
Stock34126
Debtors43,5311,777
Cash at bank and in hand2,682777
6,2472,680
CREDITORS: Amounts falling due within one year5264,971271,410
NET CURRENT LIABILITIES(258,724)(268,730)
TOTAL ASSETS LESS CURRENT LIABILITIES(169,432)(171,925)
CREDITORS: Amounts falling due after more than one year6139,848137,102
NET LIABILITIES(309,280)(309,027)
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account(309,380)(309,127)
SHAREHOLDERS' FUNDS(309,280)(309,027)
For the year ending 31 December 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 31 March 2017 and signed on their behalf by
.............................
Mr A Baron
Director
Baron McGarvey Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2016
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line 5%
Plant and Machineryreducing balance 25%
Fixtures and Fittingsreducing balance 25%
1c. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.
2. TANGIBLE FIXED ASSETS
Land AndPlant andFixtures
BuildingsMachineryand FittingsTotal
££££
Cost
At 1 January 2016145,8389,06448,589203,491
Additions-1,0191,3812,400
At 31 December 2016145,83810,08349,970205,891
Depreciation
At 1 January 201657,1175,65743,912106,686
For the year7,2921,1061,5159,913
At 31 December 201664,4096,76345,427116,599
Net Book Amounts
At 31 December 201681,4293,3204,54389,292
At 31 December 201588,7213,4074,67796,805
Baron McGarvey Limited
3. STOCK 20162015
££
Stock comprises:
Stock34126
34126
4. DEBTORS 20162015
££
Amounts falling due within one year
Trade debtors3,248-
Prepayments2831,777
3,5311,777
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20162015
££
Directors current account262,958266,368
Credit card9333,962
Accruals1,0801,080
264,971271,410
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20162015
££
Loans >1yr - A & Mrs J Baron127,783127,783
Loans >1yr - Llanteglos Estates Ltd12,0659,319
139,848137,102
7. EMPLOYEES
20162015
No.No.
There were no employess during the year ended 31 December 2016 (2015 - Nil).
Baron McGarvey Limited
8. SHARE CAPITAL 20162015
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. CONTROLLING PARTY
The company is controlled by Mr A and Mrs J E Baron by virtue of their 100% shareholding