Registered Number 00677552

A.BUCKLER HAULAGE LIMITED

Abbreviated Accounts

31 May 2016

A.BUCKLER HAULAGE LIMITED Registered Number 00677552

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets - -
Tangible assets 2 370,225 417,612
Investments - -
370,225 417,612
Current assets
Stocks 758,970 3,000
Debtors 384,684 607,062
Cash at bank and in hand 966,305 1,285,307
2,109,959 1,895,369
Creditors: amounts falling due within one year (508,196) (341,664)
Net current assets (liabilities) 1,601,763 1,553,705
Total assets less current liabilities 1,971,988 1,971,317
Provisions for liabilities (16,269) (30,559)
Total net assets (liabilities) 1,955,719 1,940,758
Capital and reserves
Called up share capital 3 4,000 4,000
Profit and loss account 1,951,719 1,936,758
Shareholders' funds 1,955,719 1,940,758
  • For the year ending 31 May 2016 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 27 February 2017

And signed on their behalf by:
M S Love, Director

A.BUCKLER HAULAGE LIMITED Registered Number 00677552

Notes to the Abbreviated Accounts for the period ended 31 May 2016

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 amounts invoiced during the year, exclusive of Value Added Tax and trade discounts. Turnover is recognised when the seller obtains the right to consider in exchange for its performance, usually on dispatch of the goods.

Tangible assets depreciation policy
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and accumulated impairment losses.

Depreciation is calculated so as to write off the cost of a asset, less its estimated residule value, over the useful economic life of that asset as follows:

Land and buildings - 2% straight line and period over lease
Plant and machinery - 15% straight line
Fixture and Fittings - 33% straight line
Motor vehicles - 25% straight line

2Tangible fixed assets
£
Cost
At 1 June 2015 1,964,805
Additions 14,365
Disposals -
Revaluations -
Transfers -
At 31 May 2016 1,979,170
Depreciation
At 1 June 2015 1,547,193
Charge for the year 61,752
On disposals -
At 31 May 2016 1,608,945
Net book values
At 31 May 2016 370,225
At 31 May 2015 417,612
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
4,000 Ordinary shares of £1 each 4,000 4,000

4Transactions with directors

Name of director receiving advance or credit: M S Love
Description of the transaction: Directors advances, credit and guarantees
Balance at 1 June 2015: £ 16,695
Advances or credits made: -
Advances or credits repaid: £ 11,697
Balance at 31 May 2016: £ 4,998
Name of director receiving advance or credit: M P Love
Description of the transaction: Directors advances, credit and guarantees
Balance at 1 June 2015: £ 246,712
Advances or credits made: -
Advances or credits repaid: £ 153,018
Balance at 31 May 2016: £ 93,694