REGISTERED NUMBER: SC058906 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2013

FOR

BONNAR SAND & GRAVEL COMPANY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Daniel Bonnar

David Bonnar

SECRETARY:

Daniel Bonnar

REGISTERED OFFICE:

Clachan Quarry

Cairndon

Argyll

PA26 8BH

REGISTERED NUMBER:

SC058906 (Scotland)

ACCOUNTANTS:

Henderson Loggie

90 Mitchell Street

Glasgow

G1 3NQ

BANKERS:

Clydesdale Bank plc

120 Argyll Street

Dunoon

PA23 7NB

FIXED ASSETS

Tangible assets

2

620,909

555,167

Investments

3

7,000

7,000

627,909

562,167

CURRENT ASSETS

Stocks

28,960

24,753

Debtors

160,631

216,756

Cash at bank and in hand

375,213

497,081

564,804

738,590

CREDITORS

Amounts falling due within one year

570,019

646,300

NET CURRENT (LIABILITIES)/ASSETS

(5,215

)

92,290

TOTAL ASSETS LESS CURRENT LIABILITIES

622,694

654,457

CAPITAL AND RESERVES

Called up share capital

4

25,003

25,003

Revaluation reserve

239,846

239,846

Capital redemption reserve

62,977

62,977

Profit and loss account

294,868

326,631

SHAREHOLDERS' FUNDS

622,694

654,457

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22 November 2013 and were signed on its behalf by:

David Bonnar - Director

Daniel Bonnar - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Turnover

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

Tangible fixed assets

Static plant, moveable plant and motor vehicles are written off over their expected useful lives based on the

category of plant at between 10% and 20% per annum on a reducing balance basis.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

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.

Investments

Fixed asset investments are stated at cost less any amounts written off for permanent diminution in value. The

company's subsidiaries have not been consolidated. Group accounts have not been prepared and these financial

statements present information about the company as an individual undertaking. Group accounts are not required

because of the disclosure exemptions available under Section 248 of the Companies Act 1985 for small and

medium-sized groups.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 April 2012

1,648,052

Additions

144,584

At 31 March 2013

1,792,636

DEPRECIATION

At 1 April 2012

1,092,885

Charge for year

78,842

At 31 March 2013

1,171,727

NET BOOK VALUE

At 31 March 2013

620,909

At 31 March 2012

555,167

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2012

and 31 March 2013

7,000

NET BOOK VALUE

At 31 March 2013

7,000

At 31 March 2012

7,000

The company's investments at the balance sheet date in the share capital of companies include the following:

Bonnar Ready Mix Concrete Limited

Country of incorporation: Scotland

Nature of business: Supply of ready mix concrete

%

Class of shares:

holding

Ordinary

100.00

2013

2012

£

£

Aggregate capital and reserves

6,101

6,338

(Loss)/profit for the year

(237

)

47,279

Bonnar Plant & Haulage Company Limited

Country of incorporation: Scotland

Nature of business: Road haulage operators

%

Class of shares:

holding

Ordinary

100.00

2013

2012

£

£

Aggregate capital and reserves

604,874

604,874

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

25,000

Ordinary

£1

25,000

25,000

3

Ordinary Class A to J

£1

3

3

25,003

25,003