Beacon Fencing Limited - Limited company - abbreviated

REGISTERED NUMBER: 03749039 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2014

for

Beacon Fencing Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Certified Accountants' Report

5

DIRECTORS:

J S Bastable

F M Bastable

DJ Bastable

SECRETARY:

Mrs F M Bastable

REGISTERED OFFICE:

Chantry Lodge

Pyecombe Street

Pyecombe

West Sussex

BN45 7EE

REGISTERED NUMBER:

03749039 (England and Wales)

ACCOUNTANTS:

Shahram Moallemi and Co

Chantry Lodge

Pyecombe

West Sussex

BN45 7EE

FIXED ASSETS

Intangible assets

2

77,220

Tangible assets

3

437,064

437,731

514,284

514,951

CURRENT ASSETS

Stocks

60,000

135,000

Debtors

253,717

126,254

Cash at bank and in hand

1,295,341

989,706

1,609,058

1,250,960

CREDITORS

Amounts falling due within one year

337,550

240,009

NET CURRENT ASSETS

1,271,508

1,010,951

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,785,792

1,525,902

CAPITAL AND RESERVES

Called up share capital

4

3,000

Profit and loss account

1,782,792

1,522,902

SHAREHOLDERS' FUNDS

1,785,792

1,525,902

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 29 January 2015 and were signed on its behalf by:

J S Bastable - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

114,400

AMORTISATION

At 1 May 2013

and 30 April 2014

37,180

NET BOOK VALUE

At 30 April 2014

77,220

At 30 April 2013

77,220

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

595,604

Additions

39,617

Disposals

(35,360

)

At 30 April 2014

599,861

DEPRECIATION

At 1 May 2013

157,873

Charge for year

16,951

Eliminated on disposal

(12,027

)

At 30 April 2014

162,797

NET BOOK VALUE

At 30 April 2014

437,064

At 30 April 2013

437,731

4.	CALLED UP SHARE CAPITAL

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Beacon Fencing Limited for the year ended 30 April 2014 which comprise the Profit and Loss

Account, the Balance Sheet, and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Beacon Fencing Limited, as a body, in accordance with our terms

of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Beacon

Fencing Limited and state those matters that we have agreed to state to the Board of Directors of Beacon Fencing

Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified

Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not

accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or

for this report.

It is your duty to ensure that Beacon Fencing Limited has kept adequate accounting records and to prepare statutory

financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Beacon

Fencing Limited. You consider that Beacon Fencing Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Beacon Fencing Limited. For

this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations

you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Shahram Moallemi and Co

Chantry Lodge

Pyecombe

West Sussex

BN45 7EE

Date: .............................................

Beacon Fencing Limited - Limited company - abbreviated - 11.0.0

Beacon Fencing Limited - Limited company - abbreviated - 11.0.0