Bauromat (UK) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03328668 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

FOR

BAUROMAT (UK) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

P M Tilley

G D D'Angelillo

SECRETARY:

G D D'Angelillo

REGISTERED OFFICE:

Sparrowhawk Close

Enigma Business Park

Malvern

Worcestershire

WR14 1GL

REGISTERED NUMBER:

03328668 (England and Wales)

ACCOUNTANTS:

Crombies Accountants Limited

Chartered Accountants

34 Waterloo Road

Wolverhampton

West Midlands

WV1 4DG

FIXED ASSETS

Tangible assets

2

185,911

215,082

Investments

3

4,000

42,000

189,911

257,082

CURRENT ASSETS

Stocks

165,336

171,679

Debtors

333,217

230,882

Cash at bank and in hand

902,437

991,367

1,400,990

1,393,928

CREDITORS

Amounts falling due within one year

1,053,209

1,003,451

NET CURRENT ASSETS

347,781

390,477

TOTAL ASSETS LESS CURRENT LIABILITIES

537,692

647,559

PROVISIONS FOR LIABILITIES

32,816

34,431

NET ASSETS

504,876

613,128

CAPITAL AND RESERVES

Called up share capital

4

200

300

Profit and loss account

504,676

612,828

SHAREHOLDERS' FUNDS

504,876

613,128

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 12 November 2014 and were signed on its behalf by:

G D D'Angelillo - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

4% on cost

Plant and machinery

-

25% on reducing balance and 10% on reducing balance

Office equipment

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

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.

Consolidation

The company and its subsidiary comprise a small group. The company has therefore taken advantage of the

exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

441,426

Additions

10,898

Disposals

(66,931

)

At 31 March 2014

385,393

DEPRECIATION

At 1 April 2013

226,344

Charge for year

21,354

Eliminated on disposal

(48,216

)

At 31 March 2014

199,482

NET BOOK VALUE

At 31 March 2014

185,911

At 31 March 2013

215,082

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2013

42,000

Impairments

(38,000

)

At 31 March 2014

4,000

NET BOOK VALUE

At 31 March 2014

4,000

At 31 March 2013

42,000

The company's investments at the balance sheet date in the share capital of companies include the following:

Altiva Limited

Nature of business: Non-trading

%

Class of shares:

holding

Ordinary shares

100.00

2014

2013

£

£

Aggregate capital and reserves

122

92,743

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary A

£1

100

150

100

Ordinary B

£1

100

150

200

300

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Bauromat (UK) Limited for the year ended 31 March 2014 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Bauromat (UK) Limited, as a body, in accordance with our terms

of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bauromat

(UK) Limited and state those matters that we have agreed to state to the Board of Directors of Bauromat (UK) Limited,

as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent

permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of

Directors, as a body, for our work or for this report.

It is your duty to ensure that Bauromat (UK) Limited has kept adequate accounting records and to prepare statutory

financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bauromat (UK)

Limited. You consider that Bauromat (UK) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bauromat (UK) Limited. For

this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations

you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Crombies Accountants Limited

Chartered Accountants

34 Waterloo Road

Wolverhampton

West Midlands

WV1 4DG

12 November 2014