Accounts filed on 31-10-2015
Accounts filed on 31-10-2015
AAA PLANT LIMITED
Company Registration Number:
08742793
(England and Wales)
Abbreviated (Unaudited) Accounts
Period of accounts
Start date: 01 November 2014
End date: 31 October 2015
AAA PLANT LIMITED
Abbreviated Balance sheet
As at
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2015 £ |
2014 £ |
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Fixed assets | |||
Tangible assets: | 2 |
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Total fixed assets: |
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Current assets | |||
Debtors: |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: |
(
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(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: |
(
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Total net assets (liabilities): |
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The notes form part of these financial statements
AAA PLANT LIMITED
Balance sheet continued
As at 31 October 2015
Notes |
2015 £ |
2014 £ |
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Capital and reserves | |||
Called up share capital: | 3 |
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Profit and loss account: |
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Shareholders funds: |
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The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name:
Status: Director
The notes form part of these financial statements
AAA PLANT LIMITED
Notes to the Abbreviated Accounts
for the Period Ended 31 October 2015
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1. Accounting policies
Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities 2008. Turnover policy
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts. Tangible fixed assets depreciation policy
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% reducing balance
Fixtures, fitting and equipment 15% reducing balanceIntangible fixed assets amortisation policy
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. Valuation information and policy
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. Other accounting policies
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. Deferred taxation is calculated at the rates of tax that are expected to apply in the periods when the timing differences will reverse and has not been discounted.
AAA PLANT LIMITED
Notes to the Abbreviated Accounts
for the Period Ended 31 October 2015
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2. Tangible assets
Total Cost £ 01 November 2014: 36,000 Additions: 0 Disposals: ( 14,500 )Revaluations: 0 Transfers: 0 31 October 2015: 21,500 Depreciation 01 November 2014: 5,400 Charge for year: 5,610 On disposals: ( 3,915 )Other adjustments: 0 31 October 2015: 7,095 Net book value 31 October 2015: 14,405 31 October 2014: 30,600