A & S Finishers Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04913345 (England and Wales)

A & S Finishers Limited

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S P Moorhouse

SECRETARY:

L Harrison

REGISTERED OFFICE:

Unit 6 Bretfield Court

Bretton Street

Industrial Estate

Dewsbury

West Yorkshire

WF12 9BB

REGISTERED NUMBER:

04913345 (England and Wales)

ACCOUNTANTS:

Howard & Co. Accountants LLP

6 Market Street

Birstall

West Yorkshire

WF17 9EN

FIXED ASSETS

Tangible assets

2

35,313

41,025

CURRENT ASSETS

Stocks

3,000

3,235

Debtors

139,798

101,052

Cash at bank and in hand

74,574

26,917

217,372

131,204

CREDITORS

Amounts falling due within one year

110,485

115,053

NET CURRENT ASSETS

106,887

16,151

TOTAL ASSETS LESS CURRENT
LIABILITIES

142,200

57,176

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

142,198

57,174

SHAREHOLDERS' FUNDS

142,200

57,176

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 10 June 2016 and were signed by:

S P Moorhouse - 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.

Plant and machinery etc

-

25% on reducing balance and 15% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

190,436

Additions

993

At 30 September 2015

191,429

DEPRECIATION

At 1 October 2014

149,411

Charge for year

6,705

At 30 September 2015

156,116

NET BOOK VALUE

At 30 September 2015

35,313

At 30 September 2014

41,025

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary

£1

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within creditors: amounts falling due within one year were loans from the director of £19,876 (2014:

£21,553). The loans were interest free, with no fixed date for repayment.