Badger Mini Bus Hire Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03220188 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Badger Mini Bus Hire Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S Hill

P D Hill

M Hill

SECRETARY:

Mrs D Hill

REGISTERED OFFICE:

115 Chester Road

Sunderland

SR4 7HG

REGISTERED NUMBER:

03220188 (England and Wales)

ACCOUNTANTS:

Michael Adamson & Co

Chartered Certified Acc'ts

115 Chester Road

Sunderland

SR4 7HG

FIXED ASSETS

Tangible assets

2

74,118

68,933

CURRENT ASSETS

Stocks

750

Debtors

52,563

32,215

Cash at bank and in hand

21,285

13,745

74,598

46,710

CREDITORS

Amounts falling due within one year

110,657

81,744

NET CURRENT LIABILITIES

(36,059

)

(35,034

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

38,059

33,899

PROVISIONS FOR LIABILITIES

3,207

8,419

NET ASSETS

34,852

25,480

CAPITAL AND RESERVES

Called up share capital

3

51

Profit and loss account

34,801

25,429

SHAREHOLDERS' FUNDS

34,852

25,480

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 18 July 2016 and were
signed on its behalf by:

P D Hill - Director

S Hill - Director

M Hill - 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.

Plant and machinery etc

-

25% on reducing balance

Stocks

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

for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which

they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

164,272

Additions

24,384

Disposals

(1,403

)

At 31 March 2016

187,253

DEPRECIATION

At 1 April 2015

95,339

Charge for year

18,147

Eliminated on disposal

(351

)

At 31 March 2016

113,135

NET BOOK VALUE

At 31 March 2016

74,118

At 31 March 2015

68,933

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

51

Ordinary

1

51