Antony Edwards Associates Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08009789 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Antony Edwards Associates Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Director:

A J Edwards

Secretary:

A J Edwards

Registered office:

Unit 2 Foley Works

Foley Industrial Estate

Hereford

Herefordshire

HR1 2SF

Registered number:

08009789 (England and Wales)

Accountants:

Acre Accountancy Limited

Unit 2 Foley Works

Foley Industrial Estate

Hereford

Herefordshire

HR1 2SF

FIXED ASSETS

Tangible assets

2

5,309

5,411

CURRENT ASSETS

Debtors

4,087

3,443

Cash at bank

15,158

11,725

19,245

15,168

CREDITORS

Amounts falling due within one year

(22,655

)

(19,339

)

NET CURRENT LIABILITIES

(3,410

)

(4,171

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,899

1,240

PROVISIONS FOR LIABILITIES

(1,062

)

(1,082

)

NET ASSETS

837

158

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

737

58

SHAREHOLDERS' FUNDS

837

158

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 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 12 September 2016 and were signed by:

A J Edwards - 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

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

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.

Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangement.

They are classified as financial assets, financial liabilities or equity instruments. An equity instrument is any

contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2.	TANGIBLE FIXED ASSETS

Total

£

Cost

At 1 April 2015

8,755

Additions

2,312

Disposals

(1,150

)

At 31 March 2016

9,917

Depreciation

At 1 April 2015

3,344

Charge for year

1,767

Eliminated on disposal

(503

)

At 31 March 2016

4,608

Net book value

At 31 March 2016

5,309

At 31 March 2015

5,411

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100