Beatrice von Tresckow Designs Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 03531470 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

Beatrice von Tresckow Designs Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Directors:

A W Gardiner

Mrs B vonTresckow-Gardiner

Registered office:

Acre Accountancy Limited

Unit 2 Foley Works

Foley Industrial Estate

Hereford

Herefordshire

HR1 2SF

Business address:

58-60 Bath Road

Cheltenham

Gloucestershire

GL53 7JT

Registered number:

03531470 (England and Wales)

Accountants:

Acre Accountancy Limited

Unit 2 Foley Works

Foley Industrial Estate

Hereford

Herefordshire

HR1 2SF

FIXED ASSETS

Tangible assets

4

62,462

69,355

CURRENT ASSETS

Stocks

118,618

166,502

Debtors

105,540

77,784

Cash at bank and in hand

5,798

2,358

229,956

246,644

CREDITORS

Amounts falling due within one year

170,098

177,128

NET CURRENT ASSETS

59,858

69,516

TOTAL ASSETS LESS CURRENT LIABILITIES

122,320

138,871

CREDITORS

Amounts falling due after more than one year

(17,285

)

(20,580

)

PROVISIONS FOR LIABILITIES

(10,945

)

(11,773

)

NET ASSETS

94,090

106,518

CAPITAL AND RESERVES

Called up share capital

6

10

10

Retained earnings

94,080

106,508

SHAREHOLDERS' FUNDS

94,090

106,518

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 13 December 2017 and were signed on its behalf by:

Mrs B vonTresckow-Gardiner - Director

1.	STATUTORY INFORMATION

Beatrice von Tresckow Designs Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

No adjustments were made to the reported financial position and performance of the company on its first-time

adoption of FRS 102 (section 1A).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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.

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account,

except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss 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 profit or loss in the period to which they relate.

Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangement.

They are classified as financial assets, financial liabilities or equity instruments. An equity instrument is any

contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 .

4.	TANGIBLE FIXED ASSETS

Totals

£

Cost

At 1 April 2016

170,571

Additions

1,119

Disposals

(16,846

)

At 31 March 2017

154,844

Depreciation

At 1 April 2016

101,216

Charge for year

7,046

Eliminated on disposal

(15,880

)

At 31 March 2017

92,382

Net book value

At 31 March 2017

62,462

At 31 March 2016

69,355

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

Cost

At 1 April 2016

and 31 March 2017

25,974

Depreciation

At 1 April 2016

1,082

Charge for year

1,037

At 31 March 2017

2,119

Net book value

At 31 March 2017

23,855

At 31 March 2016

24,892

5.	SECURED DEBTS

The following secured debts are included within creditors:

2017

2016

£

£

Bank overdrafts

64,662

58,885

Hire purchase contracts

20,580

23,502

85,242

82,387

The hire purchase agreement is secured against fixed assets.

The Barclays overdraft agreement has a fixed and floating charge over the undertaking and all property and

assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant and

machinery.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

10

Ordinary shares

£1

10

10