ATTIC CONVERSIONS LIMITED - Limited company - abbreviated

REGISTERED NUMBER: 01528472 (England and Wales)

Abbreviated Accounts for the Year Ended 30 November 2015

for

ATTIC CONVERSIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D M Reynolds

Mrs M J Reynolds

D W Varns

Mrs C J Varns

D N Tanner

SECRETARY:

Mrs C J Varns

REGISTERED OFFICE:

Netherlea

5 The Ridgeway

Guildford

Surrey

GU1 2DG

REGISTERED NUMBER:

01528472 (England and Wales)

ACCOUNTANTS:

Accountancy and Taxation Services Limited

5 Crossborough Gardens

Basingstoke

Hampshire

RG21 4LB

FIXED ASSETS

Tangible assets

2

41,476

43,186

CURRENT ASSETS

Stocks

53,500

115,188

Cash at bank

100,262

25,199

153,762

140,387

CREDITORS

Amounts falling due within one year

122,951

105,713

NET CURRENT ASSETS

30,811

34,674

TOTAL ASSETS LESS CURRENT
LIABILITIES

72,287

77,860

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

72,187

77,760

SHAREHOLDERS' FUNDS

72,287

77,860

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 5 April 2016 and were signed on its behalf by:

D W Varns - Director

D M Reynolds - 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

Revenue - described as turnover - is the value of goods (net of vat) provided to customers during the year, plus

the value of work (net of vat) performed during the year with respect to services.

Revenue is recognised on the sale of goods when the goods are delivered and title has passed. Revenue is

recognised on the provision of services on a percentage degree of completion basis calculated by reference to the

time expended compared to the total anticipated time.

The turnover and profit before taxation are attributable to the one principal activity of the company.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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 1 December 2014

191,453

Additions

13,249

Disposals

(11,325

)

At 30 November 2015

193,377

DEPRECIATION

At 1 December 2014

148,267

Charge for year

13,825

Eliminated on disposal

(10,191

)

At 30 November 2015

151,901

NET BOOK VALUE

At 30 November 2015

41,476

At 30 November 2014

43,186

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.15

30.11.14

value:

£

100

Ordinary

£1

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company owes the directors the sum of £24,161 at 30 11 2015 (2014 - £36,856). Dividends paid to the

directors in the year amounted to £20,000 (2014 - Nil).

ATTIC CONVERSIONS LIMITED - Limited company - abbreviated - 11.9

ATTIC CONVERSIONS LIMITED - Limited company - abbreviated - 11.9