B W Consultants Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03691056 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

B W CONSULTANTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr S W West

Mrs S E West

Mr S West

SECRETARY:

Mrs S E West

REGISTERED OFFICE:

Bridge House

25 Fiddlebridge Lane

Hatfield

Hertfordshire

AL10 0SP

REGISTERED NUMBER:

03691056 (England and Wales)

ACCOUNTANTS:

Lovetts Chartered Accountants

Bridge House

25 Fiddlebridge Lane

Hatfield

Hertfordshire

AL10 0SP

FIXED ASSETS

Tangible assets

2

16,292

16,153

CURRENT ASSETS

Stocks

117,094

29,610

Debtors

186,093

123,260

Cash at bank

303,866

405,919

607,053

558,789

CREDITORS

Amounts falling due within one year

252,110

238,907

NET CURRENT ASSETS

354,943

319,882

TOTAL ASSETS LESS CURRENT LIABILITIES

371,235

336,035

CREDITORS

Amounts falling due after more than one year

8,600

11,500

NET ASSETS

362,635

324,535

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

362,633

324,533

SHAREHOLDERS' FUNDS

362,635

324,535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 8 June 2016 and were signed on its behalf by:

Mr S W West - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

46,608

Additions

5,260

Disposals

(8,795

)

At 31 December 2015

43,073

DEPRECIATION

At 1 January 2015

30,455

Charge for year

5,121

Eliminated on disposal

(8,795

)

At 31 December 2015

26,781

NET BOOK VALUE

At 31 December 2015

16,292

At 31 December 2014

16,153

3.	CALLED UP SHARE CAPITAL