2015-09-01
true
false
Private Limited Company
02945766
2016-08-31
02945766
2015-09-01
2016-08-31
02945766
2015-08-31
02945766
2014-09-01
2015-08-31
02945766
uk-bus:Director1
2015-09-01
2016-08-31
02945766
uk-bus:OrdinaryShareClass1
2016-08-31
iso4217:GBP
For the year ended 31 August 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 02945766
2
Borditt and Legitt Ltd
For the year ended 31 August 2016
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Borditt and Legitt Ltd
Accountants' Report
For the year ended 31 August 2016
As described on the balance sheet you are responsible for the preparation of the financial statements for the year |
ended 31 August 2016 and you consider that the company is exempt from an audit under the Companies Act 2006. |
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you |
to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
Vickers Reynolds & Co (Stourbridge) Ltd
1 of 4
4
Abbreviated Balance Sheet |
Borditt and Legitt Ltd
2016
2015
2
3,227
3,227
3,227
3,227
4,074
3,083
3,376
1,144
7,286
458
11,513
7,908
Creditors: amounts falling due within one year |
(5,593)
(8,745)
2,315
2,768
Net current assets
Total assets less current liabilities |
5,995
5,542
5,995
Net assets
5,542
100
3
100
5,895
5,442
5,995
5,542
Shareholders funds
For the year ended 31 August 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; |
2) The director acknowledges her 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. |
Date approved by the board: 01 November 2016 |
Josephine Truman Director |
Signed on behalf of the board of directors |
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5
Notes to the Abbreviated Financial Statements |
Borditt and Legitt Ltd
For the year ended 31 August 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities. |
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved |
by the shareholders prior to the balance sheet date. |
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Stocks and work in progress |
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
3 of 4
6
Notes to the Abbreviated Financial Statements |
Borditt and Legitt Ltd
For the year ended 31 August 2016
3,227
3,227
3,227
3,227
1,000 Class A shares of £1.00 each |
Allotted called up and fully paid |
2016
2015
100 Class A shares of £1.00 each |
100
100
100
100
4 of 4