Abbreviated Company Accounts - BAUGH TRANSPORT LIMITED

BAUGH TRANSPORT LIMITED - Company Information

01545304 BAUGH TRANSPORT LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 01545304 2013-06-01 2014-05-31 01545304 2014-05-31 01545304 2013-05-31 01545304 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 01545304 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 01545304

BAUGH TRANSPORT LIMITED

Abbreviated Accounts

31 May 2014

BAUGH TRANSPORT LIMITED Registered Number 01545304

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	3,000	3,000
		3,000	3,000
Current assets
Debtors		21,364	20,677
Cash at bank and in hand		43,640	33,995
		65,004	54,672
Creditors: amounts falling due within one year		(25,766)	(22,328)
Net current assets (liabilities)		39,238	32,344
Total assets less current liabilities		42,238	35,344
Total net assets (liabilities)		42,238	35,344
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		42,138	35,244
Shareholders' funds		42,238	35,344

For the year ending 31 May 2014 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 9 October 2014

And signed on their behalf by:
B Baugh, Director

BAUGH TRANSPORT LIMITED Registered Number 01545304

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting Policies

Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and include the results of the Company's operations which are described in the Directors’ Report and all of which are continuing.

The Company has taken advantage of the exemption in Financial Reporting Standard No.1 from the requirement to produce a cash flow statement on the grounds that it is a small Company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the Company, net of Value Added Tax and trade discounts.

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 or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles 20% Straight Line Basis

Deferred Taxation

No provision is necessary.

2Tangible fixed assets

	£
Cost
At 1 June 2013	90,396
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	90,396
Depreciation
At 1 June 2013	87,396
Charge for the year	-
On disposals	-
At 31 May 2014	87,396
Net book values
At 31 May 2014	3,000
At 31 May 2013	3,000

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100