A.E. Television Rentals Group Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 00879034

Abbreviated Unaudited Accounts For The Year Ended 31 May 2014

for

A.E. Television Rentals Group Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr B Evans

Mr G Evans

SECRETARY:

Ms S P Fitzjohn

REGISTERED OFFICE:

Moneytree Farm

Croxton Road

East Wrethem

Thetford

Norfolk

IP24 1RB

REGISTERED NUMBER:

00879034

ACCOUNTANTS:

Aston Shaw Ltd

58 Thorpe Road

Norwich

Norfolk

NR1 1RY

FIXED ASSETS

Tangible assets

2

1,319,234

1,325,659

CURRENT ASSETS

Debtors

2,607

2,607

Cash at bank

18,422

16,877

21,029

19,484

CREDITORS

Amounts falling due within one year

65,144

88,568

NET CURRENT LIABILITIES

(44,115

)

(69,084

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,275,119

1,256,575

CREDITORS

Amounts falling due after more than one year

(733,476

)

(769,923

)

PROVISIONS FOR LIABILITIES

(3,027

)

(3,599

)

NET ASSETS

538,616

483,053

CAPITAL AND RESERVES

Called up share capital

3

100

100

Share premium

1,948

1,948

Revaluation reserve

142,543

142,543

Profit and loss account

394,025

338,462

SHAREHOLDERS' FUNDS

538,616

483,053

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 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 12 February 2015 and were signed on its behalf by:

Mr B Evans - Director

1.	ACCOUNTING POLICIES

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 services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Improvements to property

-

10% on cost

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

1,398,206

Additions

1,699

At 31 May 2014

1,399,905

DEPRECIATION

At 1 June 2013

72,547

Charge for year

8,124

At 31 May 2014

80,671

NET BOOK VALUE

At 31 May 2014

1,319,234

At 31 May 2013

1,325,659

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/5/14

31/5/13

value:

£

£

100

Ordinary

1

100

100