REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 31 August 2012 |
for |
Blacksmith DC Limited |
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 31 August 2012 |
for |
Blacksmith DC Limited |
Blacksmith DC Limited (Registered number: 04183850) |
Contents of the Abbreviated Accounts |
for the year ended 31 August 2012 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Blacksmith DC Limited |
Company Information |
for the year ended 31 August 2012 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
0DL |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Blacksmith DC Limited (Registered number: 04183850) |
Abbreviated Balance Sheet |
31 August 2012 |
2012 | 2011 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
4 |
( |
) | ( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET (LIABILITIES)/ASSETS | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Profit and loss account | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
Blacksmith DC Limited (Registered number: 04183850) |
Abbreviated Balance Sheet - continued |
31 August 2012 |
The financial statements were approved by the director on |
Blacksmith DC Limited (Registered number: 04183850) |
Notes to the Abbreviated Accounts |
for the year ended 31 August 2012 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared on the Going Concern basis which assumes that the company will |
continue to exist for the foreseeable future. However, as the company is technically insolvent this is dependent |
on the continued support of the creditors. On this basis, the director considers it appropriate to prepare the |
financial statements on the going concern basis. |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective April 2008). |
Turnover |
Turnover represents net invoiced sales of goods and services, excluding value added tax. |
Goodwill |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Computer equipment | - |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at |
the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to the profit and loss account in the period to which they relate. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the profit and loss account as incurred. |
Blacksmith DC Limited (Registered number: 04183850) |
Notes to the Abbreviated Accounts - continued |
for the year ended 31 August 2012 |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 September 2011 |
and 31 August 2012 |
AMORTISATION |
At 1 September 2011 |
Amortisation for year |
At 31 August 2012 |
NET BOOK VALUE |
At 31 August 2012 |
At 31 August 2011 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 September 2011 |
Additions |
Disposals | ( |
) |
At 31 August 2012 |
DEPRECIATION |
At 1 September 2011 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31 August 2012 |
NET BOOK VALUE |
At 31 August 2012 |
At 31 August 2011 |
4. | CREDITORS |
Creditors include an amount of £ |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2012 | 2011 |
value: | £ | £ |
Ordinary | £1 |
Blacksmith DC Limited (Registered number: 04183850) |
Notes to the Abbreviated Accounts - continued |
for the year ended 31 August 2012 |
6. | TRANSACTIONS WITH DIRECTOR |
The following loan to directors subsisted during the years ended 31 August 2012 and 31 August 2011: |
2012 | 2011 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Balance outstanding at end of year |
Interest is being charged on the overdrawn directors loan account at 4% p.a (2010: 4.75% p.a) and there are no |
fixed terms of repayment. |
The director operates a current account and advances and credits disclosed above represent aggregates for the |
period. |