P & L Bawden Limited - Limited company - abbreviated

REGISTERED NUMBER: 05097424

P & L Bawden Limited

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P Bawden

Mrs L Bawden

SECRETARY:

Mrs L Bawden

REGISTERED OFFICE:

Luckham Farm

Milverton

Taunton

Somerset

TA4 1QA

REGISTERED NUMBER:

05097424

ACCOUNTANTS:

BJ Dixon Walsh Ltd

Rumwell Hall

Rumwell

Taunton

Somerset

TA4 1EL

FIXED ASSETS

Tangible assets

2

379,752

CURRENT ASSETS

Debtors

1,033

395

Cash at bank

57,101

111,800

58,134

112,195

CREDITORS

Amounts falling due within one year

4,231

3,514

NET CURRENT ASSETS

53,903

108,681

TOTAL ASSETS LESS CURRENT
LIABILITIES

433,655

488,433

CREDITORS

Amounts falling due after more than one
year

273,936

340,537

NET ASSETS

159,719

147,896

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

159,717

147,894

SHAREHOLDERS' FUNDS

159,719

147,896

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 15 December 2014 and were signed on
its behalf by:

P Bawden - 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 services, excluding value added tax.

Tangible fixed assets

No depreciation has been charged on the freehold property as the directors believe the assets will

hold their value.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Investment properties

In accordance with Financial Reporting Standard for Smaller Entities (effective April 2008), no

depreciation is provided in respect of freehold investment properties. This is a departure from the

requirements of the Companies Act 2006 which requires all fixed assets to be depreciated. In the

opinion of the directors this departure is necessary for the financial statements to give a true and fair

view in accordance with applicable accounting standards. Investment Properties are included in the

financial statements at their historic cost value.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

379,752

NET BOOK VALUE

At 30 April 2014

379,752

At 30 April 2013

379,752

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

2

Ordinary

£1

2

P & L Bawden Limited - Limited company - abbreviated - 11.6

P & L Bawden Limited - Limited company - abbreviated - 11.6