Besley Hill Survey & Professional Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 03031147 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2016

for

Besley Hill Survey & Professional Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

N K Freston

REGISTERED OFFICE:

30/31 St James Place

Mangotsfield

Bristol

South Glos.

BS16 9JB

REGISTERED NUMBER:

03031147 (England and Wales)

ACCOUNTANTS:

Copson Grandfield

30/31 St James Place

Mangotsfield

Bristol

South Glos.

BS16 9JB

FIXED ASSETS

Tangible assets

2

13,462

17,742

CURRENT ASSETS

Debtors

60,670

78,700

Cash at bank and in hand

2,325

4,938

62,995

83,638

CREDITORS

Amounts falling due within one year

42,991

68,362

NET CURRENT ASSETS

20,004

15,276

TOTAL ASSETS LESS CURRENT LIABILITIES

33,466

33,018

CREDITORS

Amounts falling due after more than one year

26,250

33,263

NET ASSETS/(LIABILITIES)

7,216

(245

)

CAPITAL AND RESERVES

Called up share capital

3

70

70

Share premium

5,242

5,242

Capital redemption reserve

42

42

Profit and loss account

1,862

(5,599

)

SHAREHOLDERS' FUNDS

7,216

(245

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 24 August 2017 and were signed by:

N K Freston - 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 January 2015).

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.

Motor vehicles

-

25% on reducing balance

Computer 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

43,125

Additions

167

At 30 November 2016

43,292

DEPRECIATION

At 1 December 2015

25,383

Charge for year

4,447

At 30 November 2016

29,830

NET BOOK VALUE

At 30 November 2016

13,462

At 30 November 2015

17,742

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

£

60

Ordinary A

£1

60

60

10

Ordinary B

£1

10

10

70

70

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2016 and

30 November 2015:

30.11.16

30.11.15

£

£

N K Freston

Balance outstanding at start of year

48,730

36,216

Amounts advanced

-

12,514

Amounts repaid

(16,130

)

-

Balance outstanding at end of year

32,600

48,730