Abbreviated Company Accounts - BALCHEM LIMITED

Abbreviated Company Accounts - BALCHEM LIMITED


Registered Number 06361250

BALCHEM LIMITED

Abbreviated Accounts

30 September 2016

BALCHEM LIMITED Registered Number 06361250

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 179,918 239,890
Tangible assets 3 14,152 16,560
194,070 256,450
Current assets
Stocks 63,758 57,805
Debtors 23,607 101,925
Cash at bank and in hand 172,568 59,478
259,933 219,208
Creditors: amounts falling due within one year (207,567) (233,916)
Net current assets (liabilities) 52,366 (14,708)
Total assets less current liabilities 246,436 241,742
Creditors: amounts falling due after more than one year (133,497) (179,302)
Total net assets (liabilities) 112,939 62,440
Capital and reserves
Called up share capital 2 2
Profit and loss account 112,937 62,438
Shareholders' funds 112,939 62,440
  • For the year ending 30 September 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 14 March 2017

And signed on their behalf by:
I S Johal, Director

BALCHEM LIMITED Registered Number 06361250

Notes to the Abbreviated Accounts for the period ended 30 September 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.

2Intangible fixed assets
£
Cost
At 1 October 2015 425,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2016 425,000
Amortisation
At 1 October 2015 185,110
Charge for the year 59,972
On disposals -
At 30 September 2016 245,082
Net book values
At 30 September 2016 179,918
At 30 September 2015 239,890
3Tangible fixed assets
£
Cost
At 1 October 2015 61,739
Additions 1,130
Disposals -
Revaluations -
Transfers -
At 30 September 2016 62,869
Depreciation
At 1 October 2015 45,179
Charge for the year 3,538
On disposals -
At 30 September 2016 48,717
Net book values
At 30 September 2016 14,152
At 30 September 2015 16,560