A.G. GRIBBLE LTD - Limited company - abbreviated - 11.6
A.G. GRIBBLE LTD - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 March 2015 |
| for |
| A.G. GRIBBLE LTD |
| A.G. GRIBBLE LTD (Registered number: 04904061) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 March 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| A.G. GRIBBLE LTD |
| Company Information |
| for the Year Ended 31 March 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| A.G. GRIBBLE LTD (Registered number: 04904061) |
| Abbreviated Balance Sheet |
| 31 March 2015 |
| 31.3.15 | 31.3.14 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| A.G. GRIBBLE LTD (Registered number: 04904061) |
| Abbreviated Balance Sheet - continued |
| 31 March 2015 |
| The financial statements were approved by the Board of Directors on by: |
| Mrs J E Cockle - Director | M A Gribble - Director |
| S A Gribble - Director |
| A.G. GRIBBLE LTD (Registered number: 04904061) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 March 2015 |
| 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 2003, is being amortised |
| over it's useful life of 20 years. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 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. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2014 |
| and 31 March 2015 |
| AMORTISATION |
| At 1 April 2014 |
| Amortisation for year |
| At 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| A.G. GRIBBLE LTD (Registered number: 04904061) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 March 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2014 |
| Additions |
| Disposals | ( |
) |
| At 31 March 2015 |
| DEPRECIATION |
| At 1 April 2014 |
| Charge for year |
| At 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.15 | 31.3.14 |
| value: | £ | £ |
| Ordinary A | £1 |
| Ordinary B | £1 |
| Ordinary C | £1 |
| Ordinary D | £1 |
| Ordinary E | £1 |
| 1,000 | Ordianry F | £1 | 1,000 | 1,000 |
| 1,000 | Ordinary G | £1 | 1,000 | 1,000 |
| 1,000 | Ordinary H | £1 | 1,000 | 1,000 |
| 1,000 | Ordinary I | £1 | 1,000 | 1,000 |
| 1,000 | Ordianry J | £1 | 1,000 | 1,000 |
| 52,000 | 52,000 |
| 5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The company occupies property owned by the directors. A normal commercial rent is charged. During the year |
| the company paid rent of £17,800 (2014: £14,000). At the balance sheet date no amounts were outstanding |
| (2014: £nil). |
| Until 31 July 2014 the directors traded as Source Aluminium Systems (Source), a partnership, manufacturing |
| doors and windows. During the year the company purchased goods from Source of £158,319 (2014: £318,112) |
| and sold goods and services to Source of £3,017 (2014: £92,874) under normal commercial terms. At the |
| balance sheet date the company owed Source £nil (2014: £4,286). |
| During the year the company purchased goods amounting to £402,978 from, and sold goods and services to, |
| Source Aluminium Systems Ltd, a company in which the directors have a controlling interest. These goods and |
| services were purchased and sold under normal commercial terms. At the balance sheet date the amounts |
| outstanding from the company was £24,715. |