Company Registration No. 01469087 (England and Wales)
Bo-Mac (Sheffield) Limited
Unaudited accounts
for the year ended 28 February 2017
Bo-Mac (Sheffield) Limited
Unaudited accounts
Contents
Bo-Mac (Sheffield) Limited
Company Information
for the year ended 28 February 2017
Directors
Iain Robert Boast
Kevin Vance Mitchell
Secretary
Neville Holland
Company Number
01469087 (England and Wales)
Registered Office
63 JENKIN ROAD
SHEFFIELD
S9 1AT
England
Bo-Mac (Sheffield) Limited
Statement of financial position
as at
28 February 2017
Tangible assets
187,012
217,300
Cash at bank and in hand
12,645
13,785
Creditors: amounts falling due within one year
(176,668)
(213,320)
Net current assets
11,981
63,417
Total assets less current liabilities
198,993
280,717
Creditors: amounts falling due after more than one year
(47,556)
(78,479)
Provisions for liabilities
Net assets
151,437
192,431
Called up share capital
558
558
Profit and loss account
150,879
191,873
Shareholders' funds
151,437
192,431
For the year ending 28 February 2017 the company was entitled to exemption from audit 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 19 October 2017.
Iain Robert Boast
Director
Company Registration No. 01469087
Bo-Mac (Sheffield) Limited
Notes to the Accounts
for the year ended 28 February 2017
Bo-Mac (Sheffield) Limited is a private company, limited by shares, registered in England and Wales, registration number 01469087. The registered office is 63 JENKIN ROAD, SHEFFIELD, S9 1AT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 28 February 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% straight line
Motor vehicles
25% straight line
Fixtures & fittings
10% straight line
Computer equipment
25% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Bo-Mac (Sheffield) Limited
Notes to the Accounts
for the year ended 28 February 2017
4
Tangible fixed assets
Total
At 28 February 2017
309,989
Charge for the year
30,610
At 28 February 2017
122,977
At 28 February 2017
187,012
At 29 February 2016
217,300
5
Share capital
2017
2016
Allotted, called up and fully paid:
558 Ordinary shares of £1 each
558
558
6
Average number of employees
During the year the average number of employees was 17 (2016: 19).