Ash Rubber Products Limited - Limited company - abbreviated - 11.9

Ash Rubber Products Limited - Limited company - abbreviated - 11.9

ASH RUBBER PRODUCTS LIMITED - Company Information

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REGISTERED NUMBER: 08035490 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 MAY 2014 TO 31 MAY 2015

FOR

ASH RUBBER PRODUCTS LIMITED

ASH RUBBER PRODUCTS LIMITED (REGISTERED NUMBER: 08035490)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 1 MAY 2014 TO 31 MAY 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

ASH RUBBER PRODUCTS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 MAY 2014 TO 31 MAY 2015







DIRECTOR: S L Weale





REGISTERED OFFICE: Elwell Street
West Bromwich
West Midlands
B70 0DN





REGISTERED NUMBER: 08035490 (England and Wales)





ACCOUNTANTS: Astbury Accountants Limited
12 Northgate
Bridgnorth
Shropshire
WV16 4ER
Page 1
ASH RUBBER PRODUCTS LIMITED (REGISTERED NUMBER: 08035490)

ABBREVIATED BALANCE SHEET
31 MAY 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 50,493 62,371

CURRENT ASSETS
Stocks - 8,106
Debtors 82,589 81,969
Cash at bank and in hand 103,346 13,676
185,935 103,751
CREDITORS
Amounts falling due within one year 117,500 136,766
NET CURRENT ASSETS/(LIABILITIES) 68,435 (33,015 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
118,928
29,356

CREDITORS
Amounts falling due after more than one
year
-
(13,563		 )

PROVISIONS FOR LIABILITIES (1,502 ) (3,139 )
NET ASSETS 117,426 12,654

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 117,326 12,554
SHAREHOLDERS' FUNDS 117,426 12,654

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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...
ASH RUBBER PRODUCTS LIMITED (REGISTERED NUMBER: 08035490)

ABBREVIATED BALANCE SHEET - continued
31 MAY 2015


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 director on 19 January 2016 and were signed by:





S L Weale - Director


The notes form part of these abbreviated accounts

Page 3
ASH RUBBER PRODUCTS LIMITED (REGISTERED NUMBER: 08035490)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 1 MAY 2014 TO 31 MAY 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc - 25% on reducing balance and 15% 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The
capital element of the future payments is treated as a liability.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 May 2014
and 31 May 2015 76,009
DEPRECIATION
At 1 May 2014 13,638
Charge for period 11,878
At 31 May 2015 25,516
NET BOOK VALUE
At 31 May 2015 50,493
At 30 April 2014 62,371

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100

Page 4