Blueridge Contracts Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05813841 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2014

for

Blueridge Contracts Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M R Pyne

J A Johnson

SECRETARY:

J A Johnson

REGISTERED OFFICE:

Park House

37 Clarence Street

Leicester

LE1 3RW

REGISTERED NUMBER:

05813841 (England and Wales)

ACCOUNTANTS:

torr waterfield

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Tangible assets

2

44,847

21,692

Investments

3

291,147

34,996

335,994

56,688

CURRENT ASSETS

Debtors

325,080

169,727

Cash at bank and in hand

116,972

233,717

442,052

403,444

CREDITORS

Amounts falling due within one year

4

339,845

141,818

NET CURRENT ASSETS

102,207

261,626

TOTAL ASSETS LESS CURRENT LIABILITIES

438,201

318,314

CREDITORS

Amounts falling due after more than one year

4

-

(4,452

)

PROVISIONS FOR LIABILITIES

(10,165

)

(4,339

)

NET ASSETS

428,036

309,523

CAPITAL AND RESERVES

Called up share capital

5

2

2

Profit and loss account

428,034

309,521

SHAREHOLDERS' FUNDS

428,036

309,523

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 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 1 October 2014 and were signed on its behalf by:

M R Pyne - 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 April 2008).

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost

Motor vehicles

-

33% on cost

Office equipment

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

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.

Fixed asset investments

Fixed asset investments are measured at historical cost.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

72,458

Additions

59,076

Disposals

(34,559

)

At 31 May 2014

96,975

DEPRECIATION

At 1 June 2013

50,766

Charge for year

27,740

Eliminated on disposal

(26,378

)

At 31 May 2014

52,128

NET BOOK VALUE

At 31 May 2014

44,847

At 31 May 2013

21,692

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 June 2013

34,996

Additions

245,373

Disposals

(12,122

)

At 31 May 2014

268,247

NET BOOK VALUE

At 31 May 2014

268,247

At 31 May 2013

34,996

Investments (neither listed nor unlisted) were as follows:

31.5.14

31.5.13

£

£

Additions

22,900

-

4.

CREDITORS

Creditors include an amount of £ 10,119 (31.5.13 - £ 10,563 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

1

Ordinary 'A'

£1

1

1

1

Ordinary 'B'

£1

1

1

2

2