Bradshaws Plumbing & Heating ServicesLtd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08193849 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2014

for

Bradshaws Plumbing and Heating Services

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S Bradshaw

J S Bradshaw

REGISTERED OFFICE:

16 Bron-yr-Eglwys

Mynydd Isa

Mold

Flintshire

CH7 6YQ

REGISTERED NUMBER:

08193849 (England and Wales)

ACCOUNTANTS:

Meacher-Jones

6 St John's Court

Vicars Lane

Chester

Cheshire

CH1 1QE

FIXED ASSETS

Intangible assets

2

16,000

18,000

Tangible assets

3

3,597

4,742

19,597

22,742

CURRENT ASSETS

Stocks

200

2,500

Debtors

2,243

3,422

Cash at bank

5,675

2,296

8,118

8,218

CREDITORS

Amounts falling due within one year

23,841

28,548

NET CURRENT LIABILITIES

(15,723

)

(20,330

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,874

2,412

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

3,774

2,312

SHAREHOLDERS' FUNDS

3,874

2,412

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 23 December 2014 and were signed on its behalf by:

S Bradshaw - Director

J S Bradshaw - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Deferred tax

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

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

and 31 August 2014

20,000

AMORTISATION

At 1 September 2013

2,000

Amortisation for year

2,000

At 31 August 2014

4,000

NET BOOK VALUE

At 31 August 2014

16,000

At 31 August 2013

18,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

and 31 August 2014

6,324

DEPRECIATION

At 1 September 2013

1,582

Charge for year

1,145

At 31 August 2014

2,727

NET BOOK VALUE

At 31 August 2014

3,597

At 31 August 2013

4,742

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.14

31.8.13

value:

£

£

100

Ordinary Share

£1

100

100