Abbreviated Company Accounts - BURCOTE (HALLBURN) LIMITED

BURCOTE (HALLBURN) LIMITED - Company Information

08524565 BURCOTE (HALLBURN) LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 08524565 2015-09-01 2016-08-31 08524565 2016-08-31 08524565 2015-08-31 08524565 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 08524565 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:Director3 2015-09-01 2016-08-31 uk-gaap-cd-bus:Director3 2016-08-31 uk-gaap-cd-bus:Director3 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 08524565

BURCOTE (HALLBURN) LIMITED

Abbreviated Accounts

31 August 2016

BURCOTE (HALLBURN) LIMITED Registered Number 08524565

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Current assets
Stocks		39,940	38,096
Debtors		4,218	6,705
Cash at bank and in hand		423	-
		44,581	44,801
Creditors: amounts falling due within one year		(46,076)	(45,396)
Net current assets (liabilities)		(1,495)	(595)
Total assets less current liabilities		(1,495)	(595)
Total net assets (liabilities)		(1,495)	(595)
Capital and reserves
Called up share capital	2	5	5
Profit and loss account		(1,500)	(600)
Shareholders' funds		(1,495)	(595)

For the year ending 31 August 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 16 June 2017

And signed on their behalf by:
Claire Owens, Director

BURCOTE (HALLBURN) LIMITED Registered Number 08524565

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

Going Concern
The financial statements have been prepared on a going concern basis which assumes that the company will continue in operational existence for the foreseeable future.

The validity of this assumption depends on the director's continuing support. If the company was unable to continue in operational existence for the foreseeable future, adjustment would need to be made to amend the balance sheet value of the assets to their recoverable amounts, to provide for further liabilities that may arise.

The director however considers that it is still appropriate to prepare accounts on a going concern basis.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
5 Ordinary shares of £1 each	5	5

3Transactions with directors

Name of director receiving advance or credit:	Claire Owens
Description of the transaction:	Included in creditors is loan to the company from Claire Owens, director, of £40,200 (2015:£44,796)
Balance at 1 September 2015:	£ 44,796
Advances or credits made:	-
Advances or credits repaid:	£ 4,596
Balance at 31 August 2016:	£ 40,200