Abbreviated Company Accounts - BALCHEM LIMITED

Abbreviated Company Accounts - BALCHEM LIMITED


Registered Number 06361250

BALCHEM LIMITED

Abbreviated Accounts

30 September 2015

BALCHEM LIMITED Registered Number 06361250

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 239,890 299,862
Tangible assets 3 16,560 20,700
256,450 320,562
Current assets
Stocks 57,805 52,789
Debtors 101,925 94,771
Cash at bank and in hand 59,478 39,440
219,208 187,000
Creditors: amounts falling due within one year (233,916) (221,901)
Net current assets (liabilities) (14,708) (34,901)
Total assets less current liabilities 241,742 285,661
Creditors: amounts falling due after more than one year (179,302) (225,114)
Total net assets (liabilities) 62,440 60,547
Capital and reserves
Called up share capital 2 2
Profit and loss account 62,438 60,545
Shareholders' funds 62,440 60,547
  • For the year ending 30 September 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 28 January 2016

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 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.

2Intangible fixed assets
£
Cost
At 1 October 2014 425,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2015 425,000
Amortisation
At 1 October 2014 125,138
Charge for the year 59,972
On disposals -
At 30 September 2015 185,110
Net book values
At 30 September 2015 239,890
At 30 September 2014 299,862
3Tangible fixed assets
£
Cost
At 1 October 2014 61,739
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2015 61,739
Depreciation
At 1 October 2014 41,039
Charge for the year 4,140
On disposals -
At 30 September 2015 45,179
Net book values
At 30 September 2015 16,560
At 30 September 2014 20,700