Brian Hood General Property Maintenance - Abbreviated accounts 16.1

REGISTERED NUMBER: SC273763 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2015

for

Brian Hood General Property

Maintenance Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

B Hood

SECRETARY:

Mrs L Hood

REGISTERED OFFICE:

76 Dumbarton Road

Clydebank

Glasgow

G81 1UG

REGISTERED NUMBER:

SC273763 (Scotland)

ACCOUNTANTS:

Graham & Co. (Accountants) Limited

76 Dumbarton Road

Clydebank

Glasgow

G81 1UG

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

19,774

7,895

19,774

7,895

CURRENT ASSETS

Stocks

8,326

260

Debtors

22,675

16,730

Cash at bank

1,739

49,889

32,740

66,879

CREDITORS

Amounts falling due within one year

42,711

50,447

NET CURRENT (LIABILITIES)/ASSETS

(9,971

)

16,432

TOTAL ASSETS LESS CURRENT
LIABILITIES

9,803

24,327

PROVISIONS FOR LIABILITIES

3,773

1,358

NET ASSETS

6,030

22,969

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

5,930

22,869

SHAREHOLDERS' FUNDS

6,030

22,969

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 24 June 2016 and were signed by:

B Hood - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Plant and machinery

-

20% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

10,000

AMORTISATION

At 1 October 2014

and 30 September 2015

10,000

NET BOOK VALUE

At 30 September 2015

-

At 30 September 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

39,301

Additions

16,713

Disposals

(13,575

)

At 30 September 2015

42,439

DEPRECIATION

At 1 October 2014

31,406

Charge for year

4,834

Eliminated on disposal

(13,575

)

At 30 September 2015

22,665

NET BOOK VALUE

At 30 September 2015

19,774

At 30 September 2014

7,895

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

100

Ordinary

£1

100

5.	RELATED PARTY DISCLOSURES

During the year, total dividends of £20,000 were paid to the director .

Other creditors includes £33,627 (2014 - £23,423) due to Mr B Hood, the director.