Bob's Skip Hire Limited - Period Ending 2015-12-31

Registration number: 02918323

Bob's Skip Hire Limited

Unaudited Abbreviated Accounts

31 December 2015
 

Bob's Skip Hire Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Bob's Skip Hire Limited
abbreviated balance sheet
31 December 2015

		Note			2015						2014 £
	£			£
Current assets
Debtors								39,908			43,890
Cash at bank and in hand								1,000			1,435
								40,908			45,325
Creditors: Amounts falling due within one year								(30,935)			(30,924)
Net assets								9,973			14,401
Capital and reserves
Called up share capital		3			100						100
Profit and loss account					9,873						14,301
Shareholders' funds								9,973			14,401

For the year ending 31 December 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the director on 29 September 2016

.........................................
Mr A R Worrall
Director

Company Registration Number: 02918323

The notes on pages 2 to 3 form an integral part of these financial statements.
1

Bob's Skip Hire Limited
Notes to the Abbreviated Accounts
Year Ended 31 December 2015

1	Accounting policies

Basis of preparation

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).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Going concern

The financial statements have been prepared on a going concern basis. The company is reliant upon the support of the director.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% straight line

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2

Bob's Skip Hire Limited
Notes to the Abbreviated Accounts
Year Ended 31 December 2015

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 January 2015		5,752			5,752
At 31 December 2015		5,752			5,752
Depreciation
At 1 January 2015		5,752			5,752
At 31 December 2015		5,752			5,752
Net book value
At 31 December 2015		-			-
At 31 December 2014		-			-

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

3