Almond & Mellor Services Limited - Limited company - abbreviated

REGISTERED NUMBER: 02070569 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2015

FOR

ALMOND & MELLOR SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs P Almond

Mr S J Mellor

Mr M I Almond

Mr R Aspden

REGISTERED OFFICE:

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

REGISTERED NUMBER:

02070569 (England and Wales)

ACCOUNTANTS:

Ainsworths Limited

Chartered Accountants

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

BANKERS:

Barclays Bank Plc

8/14 Darwen Street

Blackburn

Lancashire

BB2 2BZ

FIXED ASSETS

Tangible assets

2

53,968

54,650

CURRENT ASSETS

Stocks

40,870

51,654

Debtors

196,480

203,255

Cash at bank

11,910

3,124

249,260

258,033

CREDITORS

Amounts falling due within one year

149,988

162,108

NET CURRENT ASSETS

99,272

95,925

TOTAL ASSETS LESS CURRENT
LIABILITIES

153,240

150,575

PROVISIONS FOR LIABILITIES

10,201

10,207

NET ASSETS

143,039

140,368

CAPITAL AND RESERVES

Called up share capital

3

4

Profit and loss account

143,035

140,364

SHAREHOLDERS' FUNDS

143,039

140,368

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2015 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 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 20th October 2015 and were signed on its behalf by:

Mr M I Almond - Director

Mr S J Mellor - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the going concern basis.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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 1st April 2014

158,392

Additions

9,971

At 31st March 2015

168,363

DEPRECIATION

At 1st April 2014

103,742

Charge for year

10,653

At 31st March 2015

114,395

NET BOOK VALUE

At 31st March 2015

53,968

At 31st March 2014

54,650

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

2

Ordinary A

£1

2

1

Ordinary B

£1

1

Ordinary C

£1

1

4

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2015 and 31st March 2014:

31.3.15

31.3.14

£

Mrs P Almond

Balance outstanding at start of year

(1,906

)

(4,271

)

Amounts advanced

2,907

2,365

Amounts repaid

(5,000

)

-

Balance outstanding at end of year

(3,999

)

(1,906

)

Mr M I Almond

Balance outstanding at start of year

14,396

8,486

Amounts advanced

28,400

32,910

Amounts repaid

(27,000

)

(27,000

)

Balance outstanding at end of year

15,796

14,396

Mr R Aspden

Balance outstanding at start of year

83

(4,916

)

Amounts advanced

2,500

4,999

Amounts repaid

(5,000

)

-

Balance outstanding at end of year

(2,417

)

83

The above loans are unsecured, interest free and repayable on demand.

Almond & Mellor Services Limited - Limited company - abbreviated - 11.9

Almond & Mellor Services Limited - Limited company - abbreviated - 11.9