Micro-entity Accounts - BAUGH TRANSPORT LIMITED

BAUGH TRANSPORT LIMITED - Company Information

01545304 BAUGH TRANSPORT LIMITED 2017-05-31 false 2016-06-01 2017-05-31 true 01545304 2016-06-01 2017-05-31 01545304 2017-05-31 01545304 2016-05-31 01545304 uk-gaap-cd-bus:Director1 2016-06-01 2017-05-31 01545304 uk-gaap-cd-bus:Director2 2016-06-01 2017-05-31 01545304 uk-gaap-cd-bus:AllEntityOfficers 2016-06-01 2017-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-01 2017-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2017-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 iso4217:GBP shares

Registered Number 01545304

BAUGH TRANSPORT LIMITED

Micro-entity Accounts

31 May 2017

BAUGH TRANSPORT LIMITED Registered Number 01545304

Micro-entity Balance Sheet as at 31 May 2017

	Notes	2017	2016
		£	£
Fixed assets
Tangible assets	1	71,000	98,000
		71,000	98,000
Current assets
Debtors		21,573	21,075
Cash at bank and in hand		60,384	52,816
		81,957	73,891
Creditors: amounts falling due within one year		(89,885)	(110,453)
Net current assets (liabilities)		(7,928)	(36,562)
Total assets less current liabilities		63,072	61,438
Total net assets (liabilities)		63,072	61,438
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		62,972	61,338
Shareholders' funds		63,072	61,438

For the year ending 31 May 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 15 February 2018

And signed on their behalf by:
D Baugh, Director

BAUGH TRANSPORT LIMITED Registered Number 01545304

Notes to the Micro-entity Accounts for the period ended 31 May 2017

1Tangible fixed assets

	£
Cost
At 1 June 2016	154,795
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2017	154,795
Depreciation
At 1 June 2016	56,795
Charge for the year	27,000
On disposals	-
At 31 May 2017	83,795
Net book values
At 31 May 2017	71,000
At 31 May 2016	98,000

2Called Up Share Capital
Allotted, called up and fully paid:

	2017 £	2016 £
100 Ordinary shares of £1 each	100	100

3Accounting Policies

Basis of measurement and preparation of accounts
Accounting Policies

Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and Include the results of the Company's operations which are described in the Director’s Report and all of which are continuing.

The Company has taken advantage of the exemption in Financial Reporting Standard No.1 from the requirement to produce a cash flow statement on the
grounds that it is a small Company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the Company, net of Value Added Tax and trade discounts.

Tangible/Intangible Fixed Assets and Depreciation

Fixed assets are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles 20% Straight Line Basis

Deferred Taxation

No provision is necessary