Fastener Tools (Birmingham) Limited
|
Registered number: |
02822216
|
Abbreviated Balance Sheet |
as at 31 December 2015
|
|
Notes |
|
|
2015 |
|
|
2014 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
429,464 |
|
|
455,840 |
Investments |
3 |
|
|
30,000 |
|
|
30,000 |
|
|
|
|
459,464 |
|
|
485,840 |
|
Current assets |
Debtors |
|
|
169,678 |
|
|
228,166 |
Cash at bank and in hand |
|
|
590,682 |
|
|
597,386 |
|
|
|
760,360 |
|
|
825,552 |
|
Creditors: amounts falling due within one year |
|
|
(81,724) |
|
|
(155,413) |
|
Net current assets |
|
|
|
678,636 |
|
|
670,139 |
|
Net assets |
|
|
|
1,138,100 |
|
|
1,155,979 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
4 |
|
|
100 |
|
|
100 |
Revaluation reserve |
|
|
|
109,167 |
|
|
109,167 |
Profit and loss account |
|
|
|
1,028,833 |
|
|
1,046,712 |
|
Shareholders' funds |
|
|
|
1,138,100 |
|
|
1,155,979 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
M Shorthouse |
Director |
Approved by the board on 26 September 2016
|
|
Fastener Tools (Birmingham) Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 December 2015
|
|
1 |
Accounting policies |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
15% straight line
|
|
|
Pensions |
|
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme. |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2015 |
806,952 |
|
At 31 December 2015 |
806,952 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2015 |
351,112 |
|
Charge for the year |
26,376 |
|
At 31 December 2015 |
377,488 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2015 |
429,464 |
|
At 31 December 2014 |
455,840 |
|
|
|
|
|
|
|
|
3 |
Investments |
£ |
|
|
Cost |
|
At 1 January 2015 |
30,000 |
|
|
At 31 December 2015 |
30,000 |
|
|
|
|
|
|
|
4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|