Aztech Floors And Walls Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05285933 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

AZTECH FLOORS AND WALLS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

N Jenkins

G Collings

SECRETARY:

REGISTERED OFFICE:

367b Church Road

Frampton Cotterell

Bristol

BS36 2AQ

REGISTERED NUMBER:

05285933 (England and Wales)

ACCOUNTANTS:

Keller & Co

367b Church Road

Frampton Cotterell

Bristol

BS36 2AQ

FIXED ASSETS

Tangible assets

2

1,298

1,573

CURRENT ASSETS

Stocks

6,479

7,338

Debtors

9,271

27,661

Cash at bank

48,522

10,742

64,272

45,741

CREDITORS

Amounts falling due within one year

(39,876

)

(35,125

)

NET CURRENT ASSETS

24,396

10,616

TOTAL ASSETS LESS CURRENT
LIABILITIES

25,694

12,189

PROVISIONS FOR LIABILITIES

(260

)

(315

)

NET ASSETS

25,434

11,874

CAPITAL AND RESERVES

Called up share capital

3

101

100

Profit and loss account

25,333

11,774

SHAREHOLDERS' FUNDS

25,434

11,874

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 1 June 2016 and were signed on its behalf by:

N Jenkins - 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 January 2015).

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.

Plant and machinery

-

33% on reducing balance

Fixtures and fittings

-

33% 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.

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 April 2015

10,566

Additions

242

At 31 March 2016

10,808

DEPRECIATION

At 1 April 2015

8,993

Charge for year

517

At 31 March 2016

9,510

NET BOOK VALUE

At 31 March 2016

1,298

At 31 March 2015

1,573

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

45

'A' Ordinary

£1.00

45

'B' Ordinary

£1.00

45

11

'C' & 'D' Ordinary

£1.00

11

10

101

100