Allpools And Spas Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04874003 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2015

for

Allpools And Spas Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A J Emmerson

SECRETARY:

REGISTERED OFFICE:

The Boathouse

Wirral Park

Glastonbury

Somerset

BA6 9XE

REGISTERED NUMBER:

04874003 (England and Wales)

ACCOUNTANTS:

Probusiness Ltd

St Lawrence Lodge

37 Chamberlain Street

Wells

Somerset

BA5 2PQ

FIXED ASSETS

Intangible assets

2

23,749

26,749

Tangible assets

3

33,705

34,855

57,454

61,604

CURRENT ASSETS

Stocks

73,049

63,049

Debtors

6,000

5,866

79,049

68,915

CREDITORS

Amounts falling due within one year

237,504

187,685

NET CURRENT LIABILITIES

(158,455

)

(118,770

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(101,001

)

(57,166

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

(101,101

)

(57,266

)

SHAREHOLDERS' FUNDS

(101,001

)

(57,166

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 28 September 2016 and were signed by:

A J Emmerson - 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.

Goodwill

Goodwill is being written off in equal annual instalments over its estimated economic life of 20

years.

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 5% 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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

59,999

AMORTISATION

At 1 January 2015

33,250

Amortisation for year

3,000

At 31 December 2015

36,250

NET BOOK VALUE

At 31 December 2015

23,749

At 31 December 2014

26,749

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

93,739

Additions

592

At 31 December 2015

94,331

DEPRECIATION

At 1 January 2015

58,884

Charge for year

1,742

At 31 December 2015

60,626

NET BOOK VALUE

At 31 December 2015

33,705

At 31 December 2014

34,855

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

100

Ordinary

£1

100

100

5.	ULTIMATE CONTROLLING PARTY