BDT Transport & Warehousing Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07077933 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2017

FOR

BDT TRANSPORT & WAREHOUSING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Cahill

D J Horne

REGISTERED OFFICE:

1 Andromeda House

Calleva Park

Aldermaston

Reading

Berkshire

RG7 8AP

REGISTERED NUMBER:

07077933 (England and Wales)

ACCOUNTANTS:

Dove Marsh & Jones

1 Andromeda House

Calleva Park

Aldermaston

Reading

Berkshire

RG7 8AP

FIXED ASSETS

Tangible assets

4

4,400,000

2,850,000

CURRENT ASSETS

Debtors

5

17,400

30,000

Cash at bank and in hand

56,296

15,160

73,696

45,160

CREDITORS

Amounts falling due within one year

6

350,007

363,056

NET CURRENT LIABILITIES

(276,311

)

(317,896

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,123,689

2,532,104

CREDITORS

Amounts falling due after more than one year

7

1,452,083

1,537,083

NET ASSETS

2,671,606

995,021

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

2,364,416

814,416

Retained earnings

307,090

180,505

SHAREHOLDERS' FUNDS

2,671,606

995,021

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 25 July 2018 and were signed on its behalf by:

J Cahill - Director

D J Horne - Director

1.	STATUTORY INFORMATION

BDT Transport & Warehousing Ltd is a private company, limited by shares ,

registered in England and Wales. The company's registered number and

registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or

receivable, excluding discounts, rebates, value added tax and other sales

taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

Not Provided

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised

in the Income Statement, except to the extent that it relates to items

recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates

and laws that have been enacted or substantively enacted by the balance

sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have

originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax

assessments in periods different from those in which they are recognised in

financial statements. Deferred tax is measured using tax rates and laws

that have been enacted or substantively enacted by the year end and that

are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to

the extent that it is probable that they will be recovered against the

reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 December 2016

2,850,000

Revaluations

1,550,000

At 30 November 2017

4,400,000

NET BOOK VALUE

At 30 November 2017

4,400,000

At 30 November 2016

2,850,000

Cost or valuation at 30 November 2017 is represented by:

Land and

buildings

£

Valuation in 2013

673,440

Valuation in 2015

140,976

Valuation in 2018

1,550,000

Cost

2,035,584

4,400,000

If freehold land and buildings had not been revalued they would have been

included at the following historical cost:

30.11.17

30.11.16

£

£

Cost

2,035,584

2,035,584

Value of land in freehold land and buildings

2,035,584

2,035,584

Freehold land and buildings were valued on an open market basis on

13 July 2018 by Messrs Vail Williams .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Trade debtors

2,400

30,000

Other debtors

15,000

-

17,400

30,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Bank loans and overdrafts

85,000

85,000

Corporation Tax Payable

30,335

20,806

Social security and other taxes

12,600

10,800

Due to associated companies

217,572

222,967

Directors' loan accounts

-

19,283

Accrued expenses

4,500

4,200

350,007

363,056

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.17

30.11.16

£

£

Bank loans - 1-2 years

85,000

85,000

Bank loans - 2-5 years

255,000

255,000

Bank loans more 5 yr by instal

1,112,083

1,197,083

1,452,083

1,537,083

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,112,083

1,197,083

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.17

30.11.16

£

£

Bank loans

1,537,083

1,622,083

The bank loans and overdraft are secured by a fixed charge over the

freehold property owned by the company.

9.

RESERVES

Revaluation

reserve

£

At 1 December 2016

814,416

Freehold Property Revaluation

1,550,000

At 30 November 2017

2,364,416

10.	ULTIMATE CONTROLLING PARTY

The controlling party is J Cahill.