Butler House Carpets Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04207108 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2015

for

Butler House Carpets Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr A W Shaw

SECRETARY:

Mrs J E Shaw

REGISTERED OFFICE:

Bank Chambers

61 High Street

Cranbrook

Kent

TN17 3EG

REGISTERED NUMBER:

04207108 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

Bank Chambers

61 High Street

Cranbrook

Kent

TN17 3EG

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

5,055

6,967

5,055

6,967

CURRENT ASSETS

Stocks

4,577

6,116

Debtors

12,322

18,479

Cash at bank

52,752

15,642

69,651

40,237

CREDITORS

Amounts falling due within one year

70,589

44,962

NET CURRENT LIABILITIES

(938

)

(4,725

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,117

2,242

PROVISIONS FOR LIABILITIES

1,011

1,285

NET ASSETS

3,106

957

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

3,006

857

SHAREHOLDERS' FUNDS

3,106

957

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 29 May 2015 and were signed by:

Mr A W Shaw - 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 2001, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

straight line over 3 years

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 May 2014

and 30 April 2015

10,000

AMORTISATION

At 1 May 2014

and 30 April 2015

10,000

NET BOOK VALUE

At 30 April 2015

-

At 30 April 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

15,130

DEPRECIATION

At 1 May 2014

8,163

Charge for year

1,912

At 30 April 2015

10,075

NET BOOK VALUE

At 30 April 2015

5,055

At 30 April 2014

6,967

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

£

100

Ordinary

£1

100

100