Abbreviated Company Accounts - R.& A.BAYSTON LIMITED

R.& A.BAYSTON LIMITED - Company Information

00531269 R.& A.BAYSTON LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 00531269 2013-04-01 2014-03-31 00531269 2014-03-31 00531269 2013-03-31 00531269 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 00531269 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 uk-gaap-cd-bus:PreferenceShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:PreferenceShareClass1 2014-03-31 uk-gaap-cd-bus:PreferenceShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 00531269

R.& A.BAYSTON LIMITED

Abbreviated Accounts

31 March 2014

R.& A.BAYSTON LIMITED Registered Number 00531269

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	309,276	309,752
Investments	3	198	198
		309,474	309,950
Current assets
Stocks		131,498	112,121
Debtors		119,135	102,653
Cash at bank and in hand		-	87,714
		250,633	302,488
Creditors: amounts falling due within one year	4	(130,775)	(178,377)
Net current assets (liabilities)		119,858	124,111
Total assets less current liabilities		429,332	434,061
Creditors: amounts falling due after more than one year	4	(12,617)	(25,588)
Provisions for liabilities		(40,733)	(36,215)
Total net assets (liabilities)		375,982	372,258
Capital and reserves
Called up share capital	5	14,500	14,500
Profit and loss account		361,482	357,758
Shareholders' funds		375,982	372,258

For the year ending 31 March 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 3 November 2014

And signed on their behalf by:
J M Bayston, Director

R.& A.BAYSTON LIMITED Registered Number 00531269

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

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Leasehold improvements - 10% reducing balance
Plant and machinery - 15% reducing balance - 33% straight line
Motor vehicles – 25% reducing balance

Valuation information and policy
Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE.

Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Other accounting policies
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contribution payable are charged to the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 April 2013	934,521
Additions	57,130
Disposals	(13,473)
Revaluations	-
Transfers	-
At 31 March 2014	978,178
Depreciation
At 1 April 2013	624,769
Charge for the year	57,111
On disposals	(12,978)
At 31 March 2014	668,902
Net book values
At 31 March 2014	309,276
At 31 March 2013	309,752

3Fixed assets Investments
Fixed asset investments are stated at historical cost less provision for any diminution in value.

4Creditors

	2014 £	2013 £
Instalment debts due after 5 years	0	25,588

5Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
14,500 Ordinary shares of £1 each	14,500	14,500
500 Preference shares of £1 each	500	500