A & S Trading (Wales) Ltd - Limited company - abbreviated - 11.6

A & S Trading (Wales) Ltd - Limited company - abbreviated - 11.6

A & S TRADING (WALES) LIMITED - Company Information

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REGISTERED NUMBER: 04797638 (England and Wales)















A & S Trading (Wales) Ltd
Trading as
Cash Generator

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014






A & S Trading (Wales) Ltd (Registered number: 04797638)
Trading as Cash Generator






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

A & S Trading (Wales) Ltd
Trading as Cash Generator

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2014







DIRECTORS: S Bourne-Smith
A J Woodfield





SECRETARY: A J Woodfield





REGISTERED OFFICE: Unit 3
Brackla Street
Bridgend
Mid Glamorgan
CF31 1BZ





REGISTERED NUMBER: 04797638 (England and Wales)





ACCOUNTANTS: Smart Bookkeeping & Business Services Ltd
t/a Smart Accountants
5 Enterprise House
Ashby Road
Coalville
Leicestershire
LE67 3LA
Page 1
A & S Trading (Wales) Ltd (Registered number: 04797638)
Trading as Cash Generator

ABBREVIATED BALANCE SHEET
31 DECEMBER 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - 292
Tangible assets 3 5,780 6,911
5,780 7,203

CURRENT ASSETS
Stocks 71,501 55,461
Debtors 30,451 21,346
Cash at bank and in hand 7,140 2,261
109,092 79,068
CREDITORS
Amounts falling due within one year 112,635 84,022
NET CURRENT LIABILITIES (3,543 ) (4,954 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,237
2,249

CAPITAL AND RESERVES
Called up share capital 4 2,000 2,000
Profit and loss account 237 249
SHAREHOLDERS' FUNDS 2,237 2,249

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 notes form part of these abbreviated accounts

Page 2 continued...
A & S Trading (Wales) Ltd (Registered number: 04797638)
Trading as Cash Generator

ABBREVIATED BALANCE SHEET - continued
31 DECEMBER 2014


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 28 September 2015 and were signed on its behalf
by:





S Bourne-Smith - Director


The notes form part of these abbreviated accounts

Page 3
A & S Trading (Wales) Ltd (Registered number: 04797638)
Trading as Cash Generator

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

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 etc - 20% on reducing balance

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.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2014
and 31 December 2014 17,500
AMORTISATION
At 1 January 2014 17,208
Amortisation for year 292
At 31 December 2014 17,500
NET BOOK VALUE

At 31 December 2014 -
At 31 December 2013 292

Page 4 continued...
A & S Trading (Wales) Ltd (Registered number: 04797638)
Trading as Cash Generator

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2014
and 31 December 2014 105,943
DEPRECIATION
At 1 January 2014 99,032
Charge for year 1,131
At 31 December 2014 100,163
NET BOOK VALUE
At 31 December 2014 5,780
At 31 December 2013 6,911

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
2,000 Ordinary 1.00 2,000 2,000

Page 5