Abbreviated Company Accounts - BILLINGHAM KITCHENS LIMITED

BILLINGHAM KITCHENS LIMITED - Company Information

Registered Number 08250481

BILLINGHAM KITCHENS LIMITED

Abbreviated Accounts

31 October 2015

BILLINGHAM KITCHENS LIMITED Registered Number 08250481

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	212,518	216,526
		212,518	216,526
Current assets
Stocks		45,206	40,258
Debtors		1,200	2,091
Cash at bank and in hand		79,801	37,946
		126,207	80,295
Creditors: amounts falling due within one year		(165,583)	(148,191)
Net current assets (liabilities)		(39,376)	(67,896)
Total assets less current liabilities		173,142	148,630
Creditors: amounts falling due after more than one year		(132,442)	(143,192)
Total net assets (liabilities)		40,700	5,438
Capital and reserves
Called up share capital		150	150
Profit and loss account		40,550	5,288
Shareholders' funds		40,700	5,438

For the year ending 31 October 2015 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 March 2016

And signed on their behalf by:
Ann Margaret Goodwillie, Director
Ian Reid Goodwillie, Director

BILLINGHAM KITCHENS LIMITED Registered Number 08250481

Notes to the Abbreviated Accounts for the period ended 31 October 2015

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 and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided as follows:
Land & buildings: None
Motor vehicles: 25% reducing balance

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

2Tangible fixed assets

	£
Cost
At 1 November 2014	221,870
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	221,870
Depreciation
At 1 November 2014	5,344
Charge for the year	4,008
On disposals	-
At 31 October 2015	9,352
Net book values
At 31 October 2015	212,518
At 31 October 2014	216,526