Abbreviated Company Accounts - B J WALTON BUILDING CONTRACTORS LIMITED

B J WALTON BUILDING CONTRACTORS LIMITED - Company Information

03188653 B J WALTON BUILDING CONTRACTORS LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 03188653 2013-01-01 2013-12-31 03188653 2013-12-31 03188653 2012-12-31 03188653 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 03188653 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 03188653

B J WALTON BUILDING CONTRACTORS LIMITED

Abbreviated Accounts

31 December 2013

B J WALTON BUILDING CONTRACTORS LIMITED Registered Number 03188653

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	25,586	25,845
		25,586	25,845
Current assets
Stocks		254,700	250,500
Debtors		19,405	524,056
Cash at bank and in hand		7,908	27,462
		282,013	802,018
Creditors: amounts falling due within one year		(948,514)	(1,438,226)
Net current assets (liabilities)		(666,501)	(636,208)
Total assets less current liabilities		(640,915)	(610,363)
Total net assets (liabilities)		(640,915)	(610,363)
Capital and reserves
Called up share capital	3	5,000	5,000
Profit and loss account		(645,915)	(615,363)
Shareholders' funds		(640,915)	(610,363)

For the year ending 31 December 2013 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 29 September 2014

And signed on their behalf by:
B J Walton, Director

B J WALTON BUILDING CONTRACTORS LIMITED Registered Number 03188653

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Land and buildings - Nil
Fixtures, fittings
and equipment - 15%/25% straight line
Motor vehicles - 25% reducing balance

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 January 2013	58,019
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	58,019
Depreciation
At 1 January 2013	32,174
Charge for the year	259
On disposals	-
At 31 December 2013	32,433
Net book values
At 31 December 2013	25,586
At 31 December 2012	25,845

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
5,000 Ordinary shares of £1 each	5,000	5,000