Abbreviated Company Accounts - A. ABBOTT AND SONS (RUSHDEN) LIMITED

A. ABBOTT AND SONS (RUSHDEN) LIMITED - Company Information

00470731 A. ABBOTT AND SONS (RUSHDEN) LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 00470731 2014-04-01 2015-03-31 00470731 2015-03-31 00470731 2014-03-31 00470731 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 00470731 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 00470731

A. ABBOTT AND SONS (RUSHDEN) LIMITED

Abbreviated Accounts

31 March 2015

A. ABBOTT AND SONS (RUSHDEN) LIMITED Registered Number 00470731

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	188,512	210,554
		188,512	210,554
Current assets
Stocks		8,500	8,000
Debtors		132,418	98,862
Cash at bank and in hand		244,489	340,370
		385,407	447,232
Creditors: amounts falling due within one year		(65,386)	(43,080)
Net current assets (liabilities)		320,021	404,152
Total assets less current liabilities		508,533	614,706
Provisions for liabilities		(25,716)	(29,553)
Total net assets (liabilities)		482,817	585,153
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		481,817	584,153
Shareholders' funds		482,817	585,153

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 July 2015

And signed on their behalf by:
M J Hart, Director

A. ABBOTT AND SONS (RUSHDEN) LIMITED Registered Number 00470731

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Property Improvements- Straight line over ten years
Plant and machinery- 25% Reducing Balance
Motor Vehicles- 25% Reducing Balance

Valuation information and policy
Stock
Stock is valued at the lower of cost and net realisable value.

Other accounting policies
Pensions
The pension costs charged in the financial statements represent the contribution payable by the company during the year.

Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.

2Tangible fixed assets

	£
Cost
At 1 April 2014	673,350
Additions	49,617
Disposals	(67,200)
Revaluations	-
Transfers	-
At 31 March 2015	655,767
Depreciation
At 1 April 2014	462,796
Charge for the year	61,626
On disposals	(57,167)
At 31 March 2015	467,255
Net book values
At 31 March 2015	188,512
At 31 March 2014	210,554

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000