Abbreviated Company Accounts - A J SHAW & SONS LIMITED

A J SHAW & SONS LIMITED - Company Information

07398056 A J SHAW & SONS LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 07398056 2014-04-01 2015-03-31 07398056 2015-03-31 07398056 2014-03-31 07398056 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07398056 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 07398056

A J SHAW & SONS LIMITED

Abbreviated Accounts

31 March 2015

A J SHAW & SONS LIMITED Registered Number 07398056

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	12,861	14,711
		12,861	14,711
Current assets
Stocks		16,245	6,430
Debtors		1,943	7,545
Cash at bank and in hand		6,326	4,837
		24,514	18,812
Creditors: amounts falling due within one year		(24,103)	(25,590)
Net current assets (liabilities)		411	(6,778)
Total assets less current liabilities		13,272	7,933
Total net assets (liabilities)		13,272	7,933
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		13,271	7,932
Shareholders' funds		13,272	7,933

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 22 December 2015

And signed on their behalf by:
A J Shaw, Director

A J SHAW & SONS LIMITED Registered Number 07398056

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 comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & machinery - 20% reducing balance
Motor vehicles - 25% reducing balance
Office equipment – 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2014	17,890
Additions	1,702
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	19,592
Depreciation
At 1 April 2014	3,179
Charge for the year	3,552
On disposals	-
At 31 March 2015	6,731
Net book values
At 31 March 2015	12,861
At 31 March 2014	14,711

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

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