Company Registration No. 08157342 (England and Wales)
ANDREW BINGHAM INDEPENDENT FUNERAL SERVICE LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2015
ANDREW BINGHAM INDEPENDENT FUNERAL SERVICE LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ANDREW BINGHAM INDEPENDENT FUNERAL SERVICE LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 JULY 2015
31 July 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
86,995
81,752
Current assets
Debtors
49,241
41,352
Cash at bank and in hand
161,710
174,040
210,951
215,392
Creditors: amounts falling due within one year
(48,966)
(65,068)
Net current assets
161,985
150,324
Total assets less current liabilities
248,980
232,076
Creditors: amounts falling due after more than one year
(91,608)
(96,188)
157,372
135,888
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
157,272
135,788
Shareholders' funds
157,372
135,888
For the financial year ended 31 July 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 28 April 2016
Mr Andrew Bingham
Director
Company Registration No. 08157342
ANDREW BINGHAM INDEPENDENT FUNERAL SERVICE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Freehold
Plant and machinery
25% reducing balance
Fixtures, fittings & equipment
25% reducing balance
Motor vehicles
25% reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 August 2014
96,418
Additions
33,136
Disposals
(9,025)
At 31 July 2015
120,529
Depreciation
At 1 August 2014
14,667
On disposals
(2,476)
Charge for the year
21,343
At 31 July 2015
33,534
Net book value
At 31 July 2015
86,995
At 31 July 2014
81,752
ANDREW BINGHAM INDEPENDENT FUNERAL SERVICE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2015
- 3 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100