Abbreviated Company Accounts - GILBERT BIRDSALL TRADING LIMITED

Abbreviated Company Accounts - GILBERT BIRDSALL TRADING LIMITED


Registered Number 01931157

GILBERT BIRDSALL TRADING LIMITED

Abbreviated Accounts

31 March 2014

GILBERT BIRDSALL TRADING LIMITED Registered Number 01931157

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 32,028 34,128
Investments 3 100 100
32,128 34,228
Current assets
Debtors 212,625 212,625
Investments 85,948 83,638
Cash at bank and in hand 16,507 14,734
315,080 310,997
Creditors: amounts falling due within one year (7,288) (7,288)
Net current assets (liabilities) 307,792 303,709
Total assets less current liabilities 339,920 337,937
Total net assets (liabilities) 339,920 337,937
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 339,820 337,837
Shareholders' funds 339,920 337,937
  • For the year ending 31 March 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 9 December 2014

And signed on their behalf by:
George Gilbert Birdsall, Director

GILBERT BIRDSALL TRADING LIMITED Registered Number 01931157

Notes to the Abbreviated Accounts for the period ended 31 March 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 the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Land - not depreciated
Electricity supply - 10% reducing balance
Buildings - 10% reducing balance
Plant and machinery - 20% reducing balance

Other accounting policies
Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

Current asset investments are at the lower of cost and net realisable value.

2Tangible fixed assets
£
Cost
At 1 April 2013 165,896
Additions 3,100
Disposals -
Revaluations -
Transfers -
At 31 March 2014 168,996
Depreciation
At 1 April 2013 131,768
Charge for the year 5,200
On disposals -
At 31 March 2014 136,968
Net book values
At 31 March 2014 32,028
At 31 March 2013 34,128

3Fixed assets Investments
Cost
At 1 April 2013 £100
At 31 March 2014 £100

Net book values
At 31 March 2014 £100
At 1 April 2013 £100

4Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100Ordinary shares of £1 each 100 100