ATTLEYS_ROOFING_LIMITED - Accounts

ATTLEYS ROOFING LIMITED - Company Information

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Company Registration No. 02005216 (England and Wales)

ATTLEYS ROOFING LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

ATTLEYS ROOFING LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

ATTLEYS ROOFING LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

330,990

261,530

Current assets

Stocks

483,631

548,553

Debtors

695,770

505,881

Cash at bank and in hand

1,148,357

685,114

2,327,758

1,739,548

Creditors: amounts falling due within one year

(840,342)

(737,041)

Net current assets

1,487,416

1,002,507

Total assets less current liabilities

1,818,406

1,264,037

Provisions for liabilities

(53,154)

(36,399)

1,765,252

1,227,638

Capital and reserves

Called up share capital

100

Profit and loss account

1,765,152

1,227,538

Shareholders' funds

1,765,252

1,227,638

For the financial year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 29 March 2016

Mr S J Attley

Mrs T Attley

Director

Company Registration No. 02005216

ATTLEYS ROOFING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover and profits

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Profit is recognised on long-term contracts, if the final outcome can be assessed with reasonable certainty, by including in the profit and loss account turnover and related costs as contract activity progresses. Turnover is calculated as that proportion of total contract value which costs to date bear to total expected costs for that contract.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

15% on reducing balance

Fixtures, fittings & equipment

20% on reducing balance

Motor vehicles

25% on reducing balance

1.5

Stock

Work in progress is valued at the lower of cost and net realisable value.

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

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

ATTLEYS ROOFING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2015

- 3 -

Fixed assets

Tangible assets

Cost

At 1 October 2014

567,302

Additions

140,860

Disposals

(23,107)

At 30 September 2015

685,055

Depreciation

At 1 October 2014

305,772

On disposals

(15,796)

Charge for the year

64,089

At 30 September 2015

354,065

Net book value

At 30 September 2015

330,990

At 30 September 2014

261,530

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary of £1 each

100