B F Darlow Limited - Accounts to registrar (filleted) - small 17.3
B F Darlow Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 31 May 2017 |
| for |
| B F DARLOW LIMITED |
| B F DARLOW LIMITED (REGISTERED NUMBER: 05125689) |
| Contents of the Financial Statements |
| FOR THE YEAR ENDED 31 MAY 2017 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 | to | 3 |
| Notes to the Financial Statements | 4 | to | 7 |
| Report of the Accountants | 8 |
| B F DARLOW LIMITED |
| Company Information |
| FOR THE YEAR ENDED 31 MAY 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 1 Beauchamp Court |
| 10 Victors Way |
| Barnet |
| Hertfordshire |
| EN5 5TZ |
| B F DARLOW LIMITED (REGISTERED NUMBER: 05125689) |
| Statement of Financial Position |
| 31 MAY 2017 |
| 31.5.17 | 31.5.16 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks | 6 |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
9 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 11 |
| Retained earnings | 12 |
| SHAREHOLDERS' FUNDS |
| 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. |
| B F DARLOW LIMITED (REGISTERED NUMBER: 05125689) |
| Statement of Financial Position - continued |
| 31 MAY 2017 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| B F DARLOW LIMITED (REGISTERED NUMBER: 05125689) |
| Notes to the Financial Statements |
| FOR THE YEAR ENDED 31 MAY 2017 |
| 1. | STATUTORY INFORMATION |
| B F Darlow Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost |
| less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Stocks |
| This includes Work in progress and is valued at cost price of goods and labour. |
| Hire purchase and leasing commitments |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| B F DARLOW LIMITED (REGISTERED NUMBER: 05125689) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 MAY 2017 |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 June 2016 |
| and 31 May 2017 |
| AMORTISATION |
| Amortisation for year |
| At 31 May 2017 |
| NET BOOK VALUE |
| At 31 May 2017 |
| At 31 May 2016 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | Plant and | and |
| property | machinery | fittings |
| £ | £ | £ |
| COST |
| At 1 June 2016 |
| Additions |
| At 31 May 2017 |
| DEPRECIATION |
| At 1 June 2016 |
| Charge for year |
| At 31 May 2017 |
| NET BOOK VALUE |
| At 31 May 2017 |
| At 31 May 2016 |
| B F DARLOW LIMITED (REGISTERED NUMBER: 05125689) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 MAY 2017 |
| 5. | TANGIBLE FIXED ASSETS - continued |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 June 2016 |
| Additions |
| At 31 May 2017 |
| DEPRECIATION |
| At 1 June 2016 |
| Charge for year |
| At 31 May 2017 |
| NET BOOK VALUE |
| At 31 May 2017 |
| At 31 May 2016 |
| No depreciation is charged to the freehold property |
| Fixed Assets were re-valued to £350,746 on 1st June 2010 by the directors. |
| 6. | STOCKS |
| 31.5.17 | 31.5.16 |
| £ | £ |
| Work-in-progress |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.5.17 | 31.5.16 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Directors' current accounts | - | 93,079 |
| Prepayments and accrued income |
| B F DARLOW LIMITED (REGISTERED NUMBER: 05125689) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 MAY 2017 |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.5.17 | 31.5.16 |
| £ | £ |
| Bank loans and overdrafts (see note 10) |
| Trade Creditors |
| Tax |
| Social security and other taxes |
| VAT | 24,112 | 9,221 |
| Wages & Salaries Control A/C |
| Other Creditors | - | 5,468 |
| Llyods Credit Card | 365 | 4,255 |
| Directors' current accounts | 86,759 | 164,253 |
| Accruals and Deferred Income |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.5.17 | 31.5.16 |
| £ | £ |
| Other loans (see note 10) |
| 10. | LOANS |
| An analysis of the maturity of loans is given below: |
| 31.5.17 | 31.5.16 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Bank overdrafts |
| Amounts falling due between one and two years: |
| Other loans - 1-2 years | 140,580 |
| 11. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.5.17 | 31.5.16 |
| value: | £ | £ |
| Ordinary | £1 | 1,000 | 1,000 |
| 12. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 June 2016 |
| Profit for the year |
| At 31 May 2017 |
| B F DARLOW LIMITED |
| Report of the Accountants to the Directors of |
| B F Darlow Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file |
| a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and |
| certain other primary statements and the Report of the Directors are not required to be filed with the Registrar |
| of Companies. |
| As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 May 2017 set out on pages two to three and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| Chartered Accountants |
| 1 Beauchamp Court |
| 10 Victors Way |
| Barnet |
| Hertfordshire |
| EN5 5TZ |
| Date: ............................................. |