ACCOUNTS - Final Accounts preparation

BAUCHER & CO LIMITED - Company Information

06180056 2015-04-01 false true 2016-03-312016-03-31 06180056 2015-04-01 2016-03-31 06180056 2016-03-31 06180056 2015-03-31 06180056 c:FixturesFittingsToolsEquipment 2015-04-01 2016-03-31 06180056 d:OrdinaryShareClass1 2016-03-31 06180056 d:OrdinaryShareClass1 2015-03-31 06180056 d:OrdinaryShareClass1 2015-04-01 2016-03-31 06180056 d:OrdinaryShareClass2 2016-03-31 06180056 d:OrdinaryShareClass2 2015-03-31 06180056 d:OrdinaryShareClass2 2015-04-01 2016-03-31 06180056 d:OrdinaryShareClass3 2016-03-31 06180056 d:OrdinaryShareClass3 2015-03-31 06180056 d:OrdinaryShareClass3 2015-04-01 2016-03-31 06180056 d:Director1 2015-04-01 2016-03-31 06180056 c:OfficeEquipment 2015-04-01 2016-03-31 xbrli:shares iso4217:GBP

Registered number: 06180056

BAUCHER & CO LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016


BAUCHER & CO LIMITED REGISTERED NUMBER: 06180056

ABBREVIATED BALANCE SHEET

AS AT 31 MARCH 2016

2016

2015

	Note	£	£	£	£
FIXED ASSETS
Tangible assets	2		1,443		1,925

CURRENT ASSETS
Debtors	19,500		22,038
Cash at bank	18,181		1,827

	37,681		23,865
CREDITORS: amounts falling due within one year	(38,576)		(16,597)
NET CURRENT (LIABILITIES)/ASSETS		(895)		7,268

TOTAL ASSETS LESS CURRENT LIABILITIES

548

9,193

CAPITAL AND RESERVES
Called up share capital	3	120	120
Profit and loss account		428	9,073

SHAREHOLDERS' FUNDS

548

9,193

The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 March 2016 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act 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, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 25 August 2016.

N G J Baucher

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1


BAUCHER & CO LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

1.ACCOUNTING POLICIES

	1.1	Basis of preparation of financial statements
		The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	1.2	Turnover
		Turnover comprises revenue recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax and trade discounts.

	1.3	Tangible fixed assets and depreciation
		Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

				Fixtures & fittings	-	25% Reducing balance
				Office equipment	-	25% Reducing balance

2.TANGIBLE FIXED ASSETS

		£
	Cost
	At 1 April 2015 and 31 March 2016	10,252

	Depreciation
	At 1 April 2015	8,327
	Charge for the year	482
	At 31 March 2016	8,809

	Net book value
	At 31 March 2016	1,443
	At 31 March 2015	1,925

3.SHARE CAPITAL

	2016	2015
	£	£
Allotted, called up and fully paid

100 Ordinary shares of £1 each	100	100
10 Ordinary 'B' shares of £1 each	10	10
10 Ordinary 'C' shares of £1 each	10	10

	120	120

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BAUCHER & CO LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

3.SHARE CAPITAL (continued)

4.DIRECTORS' BENEFITS: ADVANCES, CREDIT AND GUARANTEES

Included in other creditors due within one year is a loan from the directors, N G J Baucher and Mrs A C Baucher amounting to £(10,408) [2015 - £(13,369)].
During the year advances of £3,092 were made to the directors and credits amounting to £13,500 were received from the directors.
 

Included in other creditors due within one year is a loan from the director, J M Baucher amounting to £(19,500) [2015 - £NIL].
During the year credits amounting to £19,500 were received from the directors.

5.RELATED PARTY TRANSACTIONS

The directors N G J Baucher and J M Baucher are also directors and shareholders in Tears For Tigers Limited a company incorporated in England and Wales.
During the year the company made a loan to Tears For Tigers Limited amounting to £19,500 (2015 - £NIL).
At the year end there was an amount outstanding of £19,500 (2015 - £NIL) due from Tears For Tigers Limited. This amount is included in other debtors.

6.CONTROLLING PARTY

The company was controlled throughout the period by its directors N G J Baucher, Mrs A C Baucher and J M Baucher by virtue of the fact that between they own all of the company's ordinary share capital.

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