Ashgood Fire Protection Specialists Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03828419 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 SEPTEMBER 2014 TO 30 JUNE 2015

FOR

ASHGOOD FIRE PROTECTION SPECIALISTS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr G Brockman

SECRETARY:

Mrs S McCarthy

REGISTERED OFFICE:

1 Fairlight Cross

Longfield

Kent

DA3 7JD

REGISTERED NUMBER:

03828419 (England and Wales)

ACCOUNTANTS:

Anderson Phillips Accountants Limited

Chartered Certified Accountants

2 Exeter House

Beaufort Court

Sir Thomas Longley Road

Rochester

Kent

ME2 4FE

FIXED ASSETS

Tangible assets

2

26,325

37,121

Investment property

3

-

115,000

26,325

152,121

CURRENT ASSETS

Stocks

13,019

1,976

Debtors

75,159

147,015

Cash at bank and in hand

220,343

321,952

308,521

470,943

CREDITORS

Amounts falling due within one year

61,108

152,424

NET CURRENT ASSETS

247,413

318,519

TOTAL ASSETS LESS CURRENT LIABILITIES

273,738

470,640

PROVISIONS FOR LIABILITIES

1,306

2,844

NET ASSETS

272,432

467,796

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Other reserves

(49,950

)

(49,950

)

Profit and loss account

321,382

516,746

SHAREHOLDERS' FUNDS

272,432

467,796

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2015 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 7 August 2015 and were signed by:

Mr G Brockman - 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 goods, 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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

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.

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.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2014

140,217

Additions

2,748

Disposals

(68,518

)

At 30 June 2015

74,447

DEPRECIATION

At 1 September 2014

103,096

Charge for period

6,927

Eliminated on disposal

(61,901

)

At 30 June 2015

48,122

NET BOOK VALUE

At 30 June 2015

26,325

At 31 August 2014

37,121

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 September 2014

115,000

Disposals

(115,000

)

At 30 June 2015

-

NET BOOK VALUE

At 30 June 2015

-

At 31 August 2014

115,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

31.8.14

value:

£

£

1,000

Ordinary

1

1,000

1,000