AAA Scaffolding (Lincoln) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06723056 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2014

for

AAA Scaffolding (Lincoln) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Aitken

REGISTERED OFFICE:

Northgate House

Northgate

Sleaford

Lincolnshire

NG34 7BZ

REGISTERED NUMBER:

06723056 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

Northgate House

Northgate

Sleaford

Lincolnshire

NG34 7BZ

FIXED ASSETS

Tangible assets

2

58,112

34,984

CURRENT ASSETS

Debtors

40,077

65,692

Cash at bank

20,428

2,837

60,505

68,529

CREDITORS

Amounts falling due within one year

38,528

55,790

NET CURRENT ASSETS

21,977

12,739

TOTAL ASSETS LESS CURRENT LIABILITIES

80,089

47,723

CREDITORS

Amounts falling due after more than one year

(9,640

)

(17,003

)

PROVISIONS FOR LIABILITIES

(10,056

)

(3,633

)

NET ASSETS

60,393

27,087

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

60,293

26,987

SHAREHOLDERS' FUNDS

60,393

27,087

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2014 in accordance with Section 476 of the Companies Act 2006.

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.

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 director on 10 April 2015 and were signed by:

J Aitken - 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 sale 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.

Plant and machinery

-

20% Straight line

Motor vehicles

-

20% Straight line

Computer equipment

-

20% Straight line

Deferred tax

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

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

81,996

Additions

38,930

At 31 October 2014

120,926

DEPRECIATION

At 1 November 2013

47,012

Charge for year

15,802

At 31 October 2014

62,814

NET BOOK VALUE

At 31 October 2014

58,112

At 31 October 2013

34,984

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100