Abbreviated Company Accounts - THE BUCKET MANUFACTURING COMPANY LIMITED

Abbreviated Company Accounts - THE BUCKET MANUFACTURING COMPANY LIMITED


Registered Number 04797058

THE BUCKET MANUFACTURING COMPANY LIMITED

Abbreviated Accounts

31 March 2016

THE BUCKET MANUFACTURING COMPANY LIMITED Registered Number 04797058

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 120,305 44,805
Investments - -
120,305 44,805
Current assets
Stocks 230,070 170,946
Debtors 144,762 163,500
Investments - -
Cash at bank and in hand 121,216 120,402
496,048 454,848
Creditors: amounts falling due within one year (289,015) (282,262)
Net current assets (liabilities) 207,033 172,586
Total assets less current liabilities 327,338 217,391
Creditors: amounts falling due after more than one year (10,256) (3,900)
Total net assets (liabilities) 317,082 213,491
Capital and reserves
Called up share capital 3 1,190 1,190
Share premium account 143,910 143,910
Profit and loss account 171,982 68,391
Shareholders' funds 317,082 213,491
  • For the year ending 31 March 2016 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 directors acknowledge their 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 Board on 31 December 2016

And signed on their behalf by:
Wayne Ridings, Director

THE BUCKET MANUFACTURING COMPANY LIMITED Registered Number 04797058

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers
and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their
estimated useful lives.
Plant and machinery 20% straight line
Motor vehicles 25% straight line

2Tangible fixed assets
£
Cost
At 1 April 2015 168,775
Additions 98,752
Disposals -
Revaluations -
Transfers -
At 31 March 2016 267,527
Depreciation
At 1 April 2015 123,970
Charge for the year 23,252
On disposals -
At 31 March 2016 147,222
Net book values
At 31 March 2016 120,305
At 31 March 2015 44,805
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1,190 Ordinary shares of £1 each 1,190 1,190
1,190 Ordinary shares of £1 each 1,190 1,190