Registered Number 00397414
STEPHEN BAKER LIMITED
Abbreviated Accounts
31 January 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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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
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses. The premises owned by the company are occupied, rent free by the parent company and hence are not considered investment properties.
Depreciation
Freehold land and buildings are maintained in a state of good repair and it is considered that residual values are such that depreciation is not significant, consequently these buildings are not depreciated.
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
£ | |
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Cost | |
At 1 February 2015 |
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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 2016 |
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Depreciation | |
At 1 February 2015 |
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Charge for the year |
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On disposals |
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At 31 January 2016 |
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Net book values | |
At 31 January 2016 | 6,150 |
At 31 January 2015 | 6,150 |