Registered Number 07487002
BARNES DESIGN AND MANAGEMENT SERVICES LIMITED
Abbreviated Accounts
31 January 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Investments | 3 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Provisions for liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 4 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Tangible assets depreciation policy
Fixtures and Fittings 25% per annum on written down value
Other accounting policies
Investments are stated at cost less a provision for any permanent diminution in value.
Deferred Taxation
Deferred taxation is recognised in respect of all timing differences, between the treatment of certain items for accounts purposes and their treatment for tax purposes, that have originated but not reversed by the balance sheet date.
Deferred taxation is not recognised when assets are revalued unless, by the balance sheet date, the company has entered into a binding agreement to sell the assets and recognised the gains and losses expected to arise on sale or where assets have been sold and it is expected that the taxable gain will be rolled over into a replacement asset.
Cash Flow Statement
The company qualifies as a small company under the Companies Act 2006. The directors have elected to take advantage of the exemptions under FRS 1 not to prepare a cash flow statement.
£ | |
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Cost | |
At 1 February 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 January 2015 |
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Depreciation | |
At 1 February 2014 |
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Charge for the year |
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On disposals |
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At 31 January 2015 |
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Net book values | |
At 31 January 2015 | 1,531 |
At 31 January 2014 | 0 |
3
Fixed assets Investments
100 Ordinary £1 Shares in Nexus Workspace Limited
Cost - £Nil
The following are associates of the company:
Nexus Workspace Limited
Cost - £Nil
Capital and Reserves - £118,715
Profit for Year - £214,733
Portion of Ordinary Shares Held - 33%
The above company is registered and operates in the United Kingdom.
The principal activities of the company are office fit out work.