B. D. Engineering Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 06203620 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2018

FOR

B. D. ENGINEERING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A R Puttock

Mrs S R Puttock

REGISTERED OFFICE:

Unit H1, Newington Industrial Estate

London Road

Newington

Nr Sittingbourne

Kent

ME9 7NU

REGISTERED NUMBER:

06203620 (England and Wales)

ACCOUNTANTS:

Stephen Hill Partnership Limited

139-141 Watling Street

Gillingham

Kent

ME7 2YY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

578

1,018

578

1,018

CURRENT ASSETS

Stocks

1,215

1,272

Debtors

6

364

490

Cash at bank and in hand

6,812

9,404

8,391

11,166

CREDITORS

Amounts falling due within one year

7

12,897

13,575

NET CURRENT LIABILITIES

(4,506

)

(2,409

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,928

)

(1,391

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(3,930

)

(1,393

)

SHAREHOLDERS' FUNDS

(3,928

)

(1,391

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 1 November 2018 and were signed on its behalf by:

Mr A R Puttock - Director

1.	STATUTORY INFORMATION

B. D. Engineering Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared on a going concern basis. This basis may not be appropriate because the

company has, at 30th April 2018, net liabilities of £3,928 (2017 £1,391). The validity of the going concern basis

is dependent upon the continued support of the directors.

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

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

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

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

Tools and equipment

-

20% on cost

Computer equipment

-

33% on cost

Stocks

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

moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2017

and 30 April 2018

49,000

AMORTISATION

At 1 May 2017

and 30 April 2018

49,000

NET BOOK VALUE

At 30 April 2018

-

At 30 April 2017

-

5.	TANGIBLE FIXED ASSETS

Tools and

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 May 2017

and 30 April 2018

10,587

1,687

12,274

DEPRECIATION

At 1 May 2017

9,569

1,687

11,256

Charge for year

440

-

440

At 30 April 2018

10,009

1,687

11,696

NET BOOK VALUE

At 30 April 2018

578

-

578

At 30 April 2017

1,018

-

1,018

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

364

490

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

1,394

827

Tax

7,319

7,549

Social security and other taxes

2,756

3,793

Directors' current account

78

56

Accrued expenses

1,350

1,350

12,897

13,575

8.	ULTIMATE CONTROLLING PARTY

The company is not under the control of any one individual shareholder.