Registered Number 05587058

BILLY DAVIDSON NV STABLES LIMITED

Abbreviated Accounts

31 October 2014

BILLY DAVIDSON NV STABLES LIMITED Registered Number 05587058

Abbreviated Balance Sheet as at 31 October 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 122,614 104,857
122,614 104,857
Current assets
Stocks 47,500 36,000
Debtors 606 1,428
48,106 37,428
Creditors: amounts falling due within one year (136,841) (122,547)
Net current assets (liabilities) (88,735) (85,119)
Total assets less current liabilities 33,879 19,738
Creditors: amounts falling due after more than one year (32,864) (18,459)
Total net assets (liabilities) 1,015 1,279
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 1,013 1,277
Shareholders' funds 1,015 1,279
  • For the year ending 31 October 2014 the company was entitled to exemption 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.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 July 2015

And signed on their behalf by:
Mr W C Davidson, Director

BILLY DAVIDSON NV STABLES LIMITED Registered Number 05587058

Notes to the Abbreviated Accounts for the period ended 31 October 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Short Leasehold - 10% on cost
Plant and Machinery - 25% reducing balance
Motor Vehicles - 25% reducing balance
Computer Equipment - 33% on cost

2Tangible fixed assets
£
Cost
At 1 November 2013 153,683
Additions 43,615
Disposals (3,941)
Revaluations -
Transfers -
At 31 October 2014 193,357
Depreciation
At 1 November 2013 48,826
Charge for the year 21,917
On disposals -
At 31 October 2014 70,743
Net book values
At 31 October 2014 122,614
At 31 October 2013 104,857
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
2 Ordinary shares of £1 each 2 2