DE_BECHEVEL_LIMITED - Accounts

DE_BECHEVEL_LIMITED - Accounts

DE BECHEVEL LIMITED - Company Information

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Company Registration No. 05095647 (England and Wales)
DE BECHEVEL LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
DE BECHEVEL LIMITED
CONTENTS
Page
Accountants' report
1
Abbreviated balance sheet
2 - 3
Notes to the abbreviated accounts
4 - 5
DE BECHEVEL LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DE BECHEVEL LIMITED FOR THE YEAR ENDED 30 APRIL 2016
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of De Bechevel Limited for the year ended 30 April 2016 set out on pages 2 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.

This report is made solely to the Board of Directors of De Bechevel Limited, as a body, in accordance with the terms of our engagement letter dated 17 January 2013. Our work has been undertaken solely to prepare for your approval the financial statements of De Bechevel Limited and state those matters that we have agreed to state to the Board of Directors of De Bechevel Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than De Bechevel Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that De Bechevel Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of De Bechevel Limited. You consider that De Bechevel Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of De Bechevel Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Moore and Smalley LLP
Chartered Accountants
Fylde House
Skyways Commercial Campus
Amy Johnson Way
Blackpool
FY4 3RS
.........................
2017-01-30
DE BECHEVEL LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2016
30 April 2016
- 2 -
2016
2015
Notes
£
£
£
£
Fixed assets
Intangible assets
2
20,479
23,039
Tangible assets
2
929,746
864,902
950,225
887,941
Current assets
Stocks
27,286
30,956
Debtors
67,496
54,336
Cash at bank and in hand
59,538
61,675
154,320
146,967
Creditors: amounts falling due within one year
(452,989)
(362,036)
Net current liabilities
(298,669)
(215,069)
Total assets less current liabilities
651,556
672,872
Creditors: amounts falling due after more than one year
(255,196)
(305,627)
Provisions for liabilities
(26,242)
(19,752)
370,118
347,493
Capital and reserves
Called up share capital
3
1,000
1,000
Profit and loss account
369,118
346,493
Shareholders'  funds
370,118
347,493
DE BECHEVEL LIMITED
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2016
30 April 2016
- 3 -
For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge their 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 .........................
2017-01-30
..............................
Mr  V De Bechevel
Director
Company Registration No. 05095647
DE BECHEVEL LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
- 4 -
1
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
Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life at 5% on cost.

1.5
Tangible fixed assets and depreciation
Tangible fixed assets other than freehold land 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:
Land and buildings Freehold
not depreciated
Plant and machinery
25% reducing balance
Computer equipment
15% on written down value
Fixtures, fittings & equipment
15% on written down value
Motor vehicles
25% reducing balance
1.6
Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
1.7
Stock
Stock is valued at the lower of cost and net realisable value.
1.8
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes.  The deferred tax balance has not been discounted.
1.9
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either 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.
DE BECHEVEL LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2016
- 5 -
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 May 2015
51,199
1,041,174
1,092,373
Additions
-
108,952
108,952
At 30 April 2016
51,199
1,150,126
1,201,325
Depreciation
At 1 May 2015
28,160
180,458
208,618
Charge for the year
2,560
39,922
42,482
At 30 April 2016
30,720
220,380
251,100
Net book value
At 30 April 2016
20,479
929,746
950,225
At 30 April 2015
23,039
864,902
887,941
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
800 A Ordinary shares of £1 each
800
800
200 B Ordinary shares of £1 each
200
200
1,000
1,000
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