Anglo American Distributors Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 03455292 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

ANGLO AMERICAN DISTRIBUTORS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D S Johnson

Mrs S Johnson

D A Johnson

G D Johnson

SECRETARY:

Mrs S Johnson

REGISTERED OFFICE:

Richmond House

570 - 572 Etruria Road

Basford

Newcastle-under-Lyme

Staffordshire

ST5 0SU

REGISTERED NUMBER:

03455292 (England and Wales)

ACCOUNTANTS:

Barringtons Limited

Chartered Accountants

570-572 Etruria

Road, Basford

Newcastle

Staffordshire

ST5 0SU

FIXED ASSETS

Tangible assets

2

188

294

CURRENT ASSETS

Stocks

8,145

10,234

Debtors

6,305

6,221

Cash at bank

96,486

81,423

110,936

97,878

CREDITORS

Amounts falling due within one year

39,402

36,309

NET CURRENT ASSETS

71,534

61,569

TOTAL ASSETS LESS CURRENT LIABILITIES

71,722

61,863

PROVISIONS FOR LIABILITIES

38

-

NET ASSETS

71,684

61,863

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

71,584

61,763

SHAREHOLDERS' FUNDS

71,684

61,863

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 8 March 2016 and were signed on its behalf by:

D S Johnson - Director

Mrs S Johnson - Director

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.

Office equipment

-

15% on reducing balance

Computer equipment

-

33% on cost

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

2,289

DEPRECIATION

At 1 January 2015

1,995

Charge for year

106

At 31 December 2015

2,101

NET BOOK VALUE

At 31 December 2015

188

At 31 December 2014

294

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

4.	CONTROLLING PARTY

The Company is under the control of two of the directors, D S & Mrs S Johnson, who together own 100% of the

issued share capital.