BIRMINGHAM_ROOFING_SUPPLI - Accounts

BIRMINGHAM ROOFING SUPPLIES LIMITED - Company Information

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Company Registration No. 06100681 (England and Wales)

BIRMINGHAM ROOFING SUPPLIES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2016

BIRMINGHAM ROOFING SUPPLIES LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

BIRMINGHAM ROOFING SUPPLIES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

28 FEBRUARY 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

57,190

25,281

Current assets

Stocks

280,009

271,948

Debtors

266,063

243,482

Cash at bank and in hand

64,173

30,818

610,245

546,248

Creditors: amounts falling due within one year

(573,832)

(526,442)

Net current assets

36,413

19,806

Total assets less current liabilities

93,603

45,087

Creditors: amounts falling due after more than one year

(24,387)

(2,669)

Provisions for liabilities

(11,438)

(4,675)

57,778

37,743

Capital and reserves

Called up share capital

Profit and loss account

57,679

37,644

Shareholders' funds

57,778

37,743

BIRMINGHAM ROOFING SUPPLIES LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

28 FEBRUARY 2016

- 2 -

For the financial year ended 28 February 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 27 September 2016

Mr G Huckfield

Director

Company Registration No. 06100681

BIRMINGHAM ROOFING SUPPLIES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2016

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

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 less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

25% reducing balance and 10% straight line

Motor vehicles

25% reducing balance

Fixed assets

Tangible assets

Cost

At 1 March 2015

57,131

Additions

50,524

Disposals

(21,095)

At 28 February 2016

86,560

Depreciation

At 1 March 2015

31,849

On disposals

(17,660)

Charge for the year

15,181

At 28 February 2016

29,370

Net book value

At 28 February 2016

57,190

At 28 February 2015

25,281

Creditors: amounts falling due within one year

The aggregate amount of creditors for which security has been given amounted to £117,934 (2015 - £103,548).

BIRMINGHAM ROOFING SUPPLIES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 28 FEBRUARY 2016

- 4 -

Share capital

2016

2015

Allotted, called up and fully paid

99 Ordinary shares of £1 each