E. Byng (Builders) Limited - Limited company - abbreviated - 11.6
E. Byng (Builders) Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 30TH NOVEMBER 2014 |
FOR |
E. BYNG (BUILDERS) LIMITED |
E. BYNG (BUILDERS) LIMITED (REGISTERED NUMBER: 00675546) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30TH NOVEMBER 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
E. BYNG (BUILDERS) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30TH NOVEMBER 2014 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Certified Accountants |
BANKERS: |
E. BYNG (BUILDERS) LIMITED (REGISTERED NUMBER: 00675546) |
ABBREVIATED BALANCE SHEET |
30TH NOVEMBER 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Investments |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Revaluation reserve |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors on |
E. BYNG (BUILDERS) LIMITED (REGISTERED NUMBER: 00675546) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30TH NOVEMBER 2014 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention as modified by the revaluation of |
certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
Going Concern |
The directors believe that there are no material uncertainties related to events or conditions that may cast significant |
doubt on the ability of the company to continue as agoing concern and therefore the going concern basis remains |
appropriate in the preparation of the financial statements. |
Exemption from preparing a cash flow statement |
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small |
company. |
Turnover |
Turnover in the period represents rent receivable by the company in the normal course of business, excluding value |
added tax. Turnover is only recognised when the amounts to be recognised are fixed or determinable and collectibility |
is reasonably assured. |
Tangible fixed assets |
Freehold investment property | - |
Deferred tax |
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of |
certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing |
differences that have originated but not reversed at the balance sheet date. Deferred taxation is measured on a non |
discounted basis at the average tax rates that would apply when the timing differences are expected to reverse, based on |
tax rates and laws that have been enacted by the balance sheet date. |
Investment properties |
In accordance with FRSSE no depreciation is provided on freehold investment properties. This is a departure from the |
requirements of the Companies Act 2006, which requires all properties to be depreciated. In the opinion of the directors |
this departure is necessary for the financial statements to give a true and fair view. Investment Properties are included in |
the financial statements at the Directors' estimate of their open market value for existing use. Changes in value are taken |
directly to a revaluation reserve. |
Deficits on the revaluation reserve are charged to profit and loss account in the year in which they arise unless, in the |
opinion of the directors, the fall in value of the properties is of a temporary nature. |
Operating leases |
Assets leased out under operating leases are included in tangible fixed assets. Rental income from the operating leases |
is included in the profit and loss account on a straight line basis over the period of the lease. |
Current asset investments |
Current asset investments are included at cost values unless there is a reasonable belief that the investment will be |
cashed in early at a lower figure. |
E. BYNG (BUILDERS) LIMITED (REGISTERED NUMBER: 00675546) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 30TH NOVEMBER 2014 |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST OR VALUATION |
At 1st December 2013 |
Additions |
At 30th November 2014 |
NET BOOK VALUE |
At 30th November 2014 |
At 30th November 2013 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | £1 |