Abbreviated Company Accounts - BALCHEM LIMITED

Abbreviated Company Accounts - BALCHEM LIMITED


Registered Number 06361250

BALCHEM LIMITED

Abbreviated Accounts

30 September 2014

BALCHEM LIMITED Registered Number 06361250

Abbreviated Balance Sheet as at 30 September 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 299,862 328,195
Tangible assets 3 20,700 25,875
320,562 354,070
Current assets
Stocks 52,789 51,057
Debtors 94,771 153,166
Cash at bank and in hand 39,440 95,463
187,000 299,686
Creditors: amounts falling due within one year (221,901) (320,204)
Net current assets (liabilities) (34,901) (20,518)
Total assets less current liabilities 285,661 333,552
Creditors: amounts falling due after more than one year (225,114) (270,903)
Total net assets (liabilities) 60,547 62,649
Capital and reserves
Called up share capital 2 2
Profit and loss account 60,545 62,647
Shareholders' funds 60,547 62,649
  • For the year ending 30 September 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 4 June 2015

And signed on their behalf by:
I S JOHAL, Director

BALCHEM LIMITED Registered Number 06361250

Notes to the Abbreviated Accounts for the period ended 30 September 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Intangible fixed assets
£
Cost
At 1 October 2013 425,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2014 425,000
Amortisation
At 1 October 2013 96,805
Charge for the year 28,333
On disposals -
At 30 September 2014 125,138
Net book values
At 30 September 2014 299,862
At 30 September 2013 328,195
3Tangible fixed assets
£
Cost
At 1 October 2013 61,739
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2014 61,739
Depreciation
At 1 October 2013 35,864
Charge for the year 5,175
On disposals -
At 30 September 2014 41,039
Net book values
At 30 September 2014 20,700
At 30 September 2013 25,875