B_&_D_ENGINEERING_LIMITED - Accounts

B & D ENGINEERING LIMITED - Company Information

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Company Registration No. 05579657 (England and Wales)

B & D ENGINEERING LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2016

B & D ENGINEERING LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

B & D ENGINEERING LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2016

- 1 -

2016

2015

Notes

Fixed assets

Intangible assets

10,908

11,364

Tangible assets

256,673

263,279

267,581

274,643

Current assets

Debtors

117,917

174,285

Cash at bank and in hand

55,524

91,934

173,441

266,219

Creditors: amounts falling due within one year

(144,384)

(277,783)

Net current assets/(liabilities)

29,057

(11,564)

Total assets less current liabilities

296,638

263,079

Creditors: amounts falling due after more than one year

(15,239)

(26,422)

281,399

236,657

Capital and reserves

Called up share capital

100

Profit and loss account

281,299

236,654

Shareholders' funds

281,399

236,657

For the financial year ended 31 October 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 28 June 2017

Mr D Debling

Director

Company Registration No. 05579657

B & D ENGINEERING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 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

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land 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:

Land and buildings Freehold

Nil

Plant and machinery

18% reducing balance

Fixtures, fittings & equipment

18% reducing balance

Motor vehicles

18% reducing balance

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 November 2015

16,748

457,840

474,588

Additions

17,889

At 31 October 2016

16,748

475,729

492,477

Depreciation

At 1 November 2015

5,385

194,562

199,947

Charge for the year

455

24,494

24,949

At 31 October 2016

5,840

219,056

224,896

Net book value

At 31 October 2016

10,908

256,673

267,581

At 31 October 2015

11,364

263,279

274,643

B & D ENGINEERING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

1 A Ordinary of £98 each

1 B Ordinary of £1 each

1 C Ordinary of £1 each

100