Abbreviated Company Accounts - D. BARKER & SON LTD

D. BARKER & SON LTD - Company Information

08067416 D. BARKER & SON LTD 2014-05-31 false 2013-06-01 2014-05-31 true 08067416 2013-06-01 2014-05-31 08067416 2014-05-31 08067416 2013-05-31 08067416 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 08067416 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 08067416

D. BARKER & SON LTD

Abbreviated Accounts

31 May 2014

D. BARKER & SON LTD Registered Number 08067416

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	30,000	40,000
Tangible assets	3	4,530	6,968
		34,530	46,968
Current assets
Stocks		147,644	144,070
Debtors		50,138	16,077
		197,782	160,147
Creditors: amounts falling due within one year		(70,237)	(60,246)
Net current assets (liabilities)		127,545	99,901
Total assets less current liabilities		162,075	146,869
Creditors: amounts falling due after more than one year		(13,942)	-
Provisions for liabilities		(906)	-
Total net assets (liabilities)		147,227	146,869
Capital and reserves
Called up share capital	4	100	100
Share premium account		146,400	146,400
Profit and loss account		727	369
Shareholders' funds		147,227	146,869

For the year ending 31 May 2014 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 20 November 2014

And signed on their behalf by:
Mr D Barker, Director

D. BARKER & SON LTD Registered Number 08067416

Notes to the Abbreviated Accounts for the period ended 31 May 2014

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.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets 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:
Fixtures, fittings and equipment – 25% per annum reducing balance basis
Computer equipment – 33% per annum straight line basis

Intangible assets amortisation policy
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of five years.

2Intangible fixed assets

	£
Cost
At 1 June 2013	50,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	50,000
Amortisation
At 1 June 2013	10,000
Charge for the year	10,000
On disposals	-
At 31 May 2014	20,000
Net book values
At 31 May 2014	30,000
At 31 May 2013	40,000

3Tangible fixed assets

	£
Cost
At 1 June 2013	10,016
Additions	610
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	10,626
Depreciation
At 1 June 2013	3,048
Charge for the year	3,048
On disposals	-
At 31 May 2014	6,096
Net book values
At 31 May 2014	4,530
At 31 May 2013	6,968

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100