B.T.FELTON & SONS LIMITED

B.T.FELTON & SONS LIMITED

B.T.FELTON & SONS LIMITED - Company Information

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B.T.FELTON & SONS LIMITED

Company Registration Number:
00384022 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2017

Period of accounts

Start date: 01 April 2016

End date: 31 March 2017

B.T.FELTON & SONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2017

Balance sheet
Notes

B.T.FELTON & SONS LIMITED

Balance sheet

As at 31 March 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 73,342 75,939
Investments: 3 26 26
Total fixed assets: 73,368 75,965
Current assets
Stocks: 1,018,849 3,073,085
Debtors:   71,231 71,435
Cash at bank and in hand: 440,050 9,056
Total current assets: 1,530,130 3,153,576
Creditors: amounts falling due within one year:   (690,818) (642,385)
Net current assets (liabilities): 839,312 2,511,191
Total assets less current liabilities: 912,680 2,587,156
Creditors: amounts falling due after more than one year:   (400,000) (1,550,020)
Provision for liabilities: (15,233) (15,233)
Total net assets (liabilities): 497,447 1,021,903
Capital and reserves
Called up share capital: 5,250 5,250
Profit and loss account: 492,197 1,016,653
Shareholders funds: 497,447 1,021,903

The notes form part of these financial statements

B.T.FELTON & SONS LIMITED

Balance sheet statements

For the year ending 31 March 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 November 2017
and signed on behalf of the board by:

Name: A I Felton
Status: Director

The notes form part of these financial statements

B.T.FELTON & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

B.T.FELTON & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017


2. Tangible Assets

Total
Cost £
At 01 April 2016 348,409
Additions 11,500
Disposals (3,440)
At 31 March 2017 356,469
Depreciation
At 01 April 2016 272,470
Charge for year 10,657
At 31 March 2017 283,127
Net book value
At 31 March 2017 73,342
At 31 March 2016 75,939

B.T.FELTON & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017

3. Fixed investments


Tangible Fixed Assets are stated at cost less Depreciation Depreciation is provided on the following basisLand and Property - not depreciatedPlant & Machinery - 25% on a reducing balance basisOffice Equipment - 25% on a reducing balance basisMotor Vehicles - 25% on a reducing balance basisThe Company sold the leasehold on four properties during the year