Accounts filed on 31-05-2016
Accounts filed on 31-05-2016
trueBusy Bee Fencing Limited051200052016-05-31-15080-7462-15078-746022-15078-7460-15078-7460-168318-1645141824311958761411331362758325362600060005300153240157054153240157054Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over
the useful economic life of that asset as follows:
Goodwill-20% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Fixed Assets
All fixed assets are initially recorded at cost.
Land & BuildingsStraight line0.0200Plant & MachineryStraight line0.2500400004000040000400002057732057735253348719381424577324577392533887193814Ordinary1000001100000100000Ordinary12222017-02-02Mr Bamfordtruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureBusy Bee Fencing Limited2015-06-012016-05-31Busy Bee Fencing Limited2014-06-012015-05-31Busy Bee Fencing Limited2014-05-31Busy Bee Fencing Limited2015-05-31Busy Bee Fencing Limited2015-05-31Busy Bee Fencing Limited2016-05-31 2017-02-02
