BRISTOL_TRADESMEN_LTD - Accounts

BRISTOL TRADESMEN LTD - Company Information

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Company Registration No. 08360947 (England and Wales)

BRISTOL TRADESMEN LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2016

BRISTOL TRADESMEN LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

BRISTOL TRADESMEN LTD

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

6,002

14,563

Current assets

Debtors

10,887

7,386

Cash at bank and in hand

5,622

9,797

16,509

17,183

Creditors: amounts falling due within one year

(19,649)

(13,514)

Net current liabilities/(assets)

(3,140)

3,669

Total assets less current liabilities

2,862

18,232

Creditors: amounts falling due after more than one year

(4,511)

Provisions for liabilities

(2,644)

2,862

11,077

Capital and reserves

Called up share capital

120

Profit and loss account

2,742

10,957

Shareholders' funds

2,862

11,077

For the financial year ended 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 29 April 2017

Mr A Lewington

Director

Company Registration No. 08360947

BRISTOL TRADESMEN LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Motor vehicles

25% on the reducing balance

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 August 2015

19,417

Disposals

(8,750)

At 31 July 2016

10,667

Depreciation

At 1 August 2015

4,854

On disposals

(2,188)

Charge for the year

1,999

At 31 July 2016

4,665

Net book value

At 31 July 2016

6,002

At 31 July 2015

14,563

BRISTOL TRADESMEN LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

120 ordinary shares of £1 each

120