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REGISTERED NUMBER: 06294653 (England and Wales)















BIDEFORD VAN HIRE LIMITED
T/A
STORE & MORE

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2018






BIDEFORD VAN HIRE LIMITED (REGISTERED NUMBER: 06294653)
T/A STORE & MORE






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2018




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


BIDEFORD VAN HIRE LIMITED
T/A STORE & MORE

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2018







DIRECTORS: B Bassett
M A Pearce





SECRETARY: M A Pearce





REGISTERED OFFICE: 28-29 Farm Road
Caddsdown Industrial Park
Clovelly Road
Bideford
DEVON
EX39 3BE





REGISTERED NUMBER: 06294653 (England and Wales)





ACCOUNTANTS: Jane Maynard Limited
T/A Maynard Johns
37 Mill Street
Bideford
DEVON
EX39 2JJ

BIDEFORD VAN HIRE LIMITED (REGISTERED NUMBER: 06294653)
T/A STORE & MORE

ABRIDGED BALANCE SHEET
30 JUNE 2018

2018 2017
Notes £    £   
FIXED ASSETS
Tangible assets 4 176,201 169,350

CURRENT ASSETS
Debtors 9,521 12,489
Cash at bank and in hand 113,381 70,828
122,902 83,317
CREDITORS
Amounts falling due within one year (81,796 ) (71,661 )
NET CURRENT ASSETS 41,106 11,656
TOTAL ASSETS LESS CURRENT
LIABILITIES

217,307

181,006

CREDITORS
Amounts falling due after more than one
year

5

(86,971

)

(97,385

)

PROVISIONS FOR LIABILITIES (25,860 ) (24,190 )
NET ASSETS 104,476 59,431

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 104,474 59,429
SHAREHOLDERS' FUNDS 104,476 59,431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 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.

BIDEFORD VAN HIRE LIMITED (REGISTERED NUMBER: 06294653)
T/A STORE & MORE

ABRIDGED BALANCE SHEET - continued
30 JUNE 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 June 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 13 November 2018 and were signed on its behalf
by:





B Bassett - Director


BIDEFORD VAN HIRE LIMITED (REGISTERED NUMBER: 06294653)
T/A STORE & MORE

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2018

1. STATUTORY INFORMATION

Bideford Van Hire Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on cost, 15% on cost and 1% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 5 ) .

BIDEFORD VAN HIRE LIMITED (REGISTERED NUMBER: 06294653)
T/A STORE & MORE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2018

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2017 370,982
Additions 55,405
Disposals (36,626 )
At 30 June 2018 389,761
DEPRECIATION
At 1 July 2017 201,632
Charge for year 48,554
Eliminated on disposal (36,626 )
At 30 June 2018 213,560
NET BOOK VALUE
At 30 June 2018 176,201
At 30 June 2017 169,350

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 July 2017 194,996
Additions 28,320
Transfer to ownership (110,666 )
At 30 June 2018 112,650
DEPRECIATION
At 1 July 2017 116,499
Charge for year 16,898
Transfer to ownership (89,883 )
At 30 June 2018 43,514
NET BOOK VALUE
At 30 June 2018 69,136
At 30 June 2017 78,497

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2018 2017
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 24,112 30,037

BIDEFORD VAN HIRE LIMITED (REGISTERED NUMBER: 06294653)
T/A STORE & MORE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2018

6. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Bank loans 46,964 50,629
Hire purchase contracts 65,753 72,391
112,717 123,020

The bank loan has been secured by a £50,000 guarantee from the directors Mr Matthew Pearce and Mr Brett
Bassett.

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr B Bassett and Mr M Pearce.