Abbreviated Company Accounts - AD AEROSPACE LIMITED

AD AEROSPACE LIMITED - Company Information

03034197 AD AEROSPACE LIMITED 2015-12-31 false 2014-07-01 2015-12-31 true 03034197 2014-07-01 2015-12-31 03034197 2015-12-31 03034197 2014-06-30 03034197 uk-gaap-cd-bus:Director1 2014-07-01 2015-12-31 03034197 uk-gaap-cd-bus:Director2 2014-07-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 03034197

AD AEROSPACE LIMITED

Abbreviated Accounts

31 December 2015

AD AEROSPACE LIMITED Registered Number 03034197

Abbreviated Balance Sheet as at 31 December 2015

	Notes	31/12/2015	30/06/2014
		£	£
Fixed assets
Tangible assets	2	5,053	1,981
		5,053	1,981
Current assets
Stocks		357,398	315,523
Debtors		452,697	569,299
Investments		-	-
		810,095	884,822
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year		(782,711)	(457,968)
Net current assets (liabilities)		27,384	426,854
Total assets less current liabilities		32,437	428,835
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		(986,510)	(2,581,447)
Accruals and deferred income		(456,049)	(140,668)
Total net assets (liabilities)		(1,410,122)	(2,293,280)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(1,410,124)	(2,293,282)
Shareholders' funds		(1,410,122)	(2,293,280)

For the year ending 31 December 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 3 June 2016

And signed on their behalf by:
M J Newton, Director

AD AEROSPACE LIMITED Registered Number 03034197

Notes to the Abbreviated Accounts for the period ended 31 December 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 represents the value of goods supplied exclusive of vat

Tangible assets depreciation policy
Computer equipment and plant and machinery is depreciated at the rate of 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 July 2014	94,680
Additions	4,242
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	98,922
Depreciation
At 1 July 2014	92,699
Charge for the year	1,170
On disposals	-
At 31 December 2015	93,869
Net book values
At 31 December 2015	5,053
At 30 June 2014	1,981

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

	31/12/2015 £	30/06/2014 £
2 Ordinary shares of £1 each	2	2