Abbreviated Company Accounts - THE BUCKET MANUFACTURING COMPANY LIMITED

Abbreviated Company Accounts - THE BUCKET MANUFACTURING COMPANY LIMITED


Registered Number 04797058

THE BUCKET MANUFACTURING COMPANY LIMITED

Abbreviated Accounts

31 March 2014

THE BUCKET MANUFACTURING COMPANY LIMITED Registered Number 04797058

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 65,783 25,802
65,783 25,802
Current assets
Stocks 153,474 112,695
Debtors 325,471 117,766
Cash at bank and in hand 13,505 7,581
492,450 238,042
Creditors: amounts falling due within one year (375,722) (161,759)
Net current assets (liabilities) 116,728 76,283
Total assets less current liabilities 182,511 102,085
Creditors: amounts falling due after more than one year (29,667) 0
Total net assets (liabilities) 152,844 102,085
Capital and reserves
Called up share capital 3 1,190 1,190
Share premium account 143,910 143,910
Profit and loss account 7,744 (43,015)
Shareholders' funds 152,844 102,085
  • For the year ending 31 March 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 14 September 2014

And signed on their behalf by:
Wayne Ridings, Director

THE BUCKET MANUFACTURING COMPANY LIMITED Registered Number 04797058

Notes to the Abbreviated Accounts for the period ended 31 March 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.

Turnover policy
Turnover represents the total invoice value,excluding value added tax of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows
Plant and machinery 20%
Motor Vehicles 25%

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets
£
Cost
At 1 April 2013 121,935
Additions 49,744
Disposals -
Revaluations -
Transfers -
At 31 March 2014 171,679
Depreciation
At 1 April 2013 96,133
Charge for the year 9,763
On disposals -
At 31 March 2014 105,896
Net book values
At 31 March 2014 65,783
At 31 March 2013 25,802
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
1,140 Ordinary shares of £1 each 1,140 1,140