Accounts filed on 31-03-2016


Registered number: 05176695






Michael Day Aerial Distributors Limited


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31/03/2016


Michael Day Aerial Distributors Limited


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31/03/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 05176695


Registered Number: 05176695

BALANCE SHEET AT 31/03/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Tangible assets	2		7,190		9,588

CURRENT ASSETS
Stock		67,113		62,119
Debtors (amounts falling due within one year)	3	30,518		27,363
Cash at bank and in hand		16,239		10,159
		113,870		99,641
CREDITORS: Amounts falling due within one year		148,709		152,057
NET CURRENT LIABILITIES			(34,839)		(52,416)
TOTAL ASSETS LESS CURRENT LIABILITIES			(27,649)		(42,828)

CAPITAL AND RESERVES

Called up share capital	4		100		100
Profit and loss account			(27,749)		(42,928)
SHAREHOLDERS' FUNDS			(27,649)		(42,828)

For the year ending 31/03/2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board on 17/10/2016 and signed on their behalf by




Mrs A Day
Director

1. ACCOUNTING POLICIES


1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).


1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		Reducing Balance Basis 25%
Commercial Vehicles		Reducing Balance Basis 25%
Fixtures and Fittings		Reducing Balance Basis 25%
Equipment		Reducing Balance Basis 25%


1c. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.


1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.


3. DEBTORS	2016	2015
	£	£

Amounts falling due within one year:
Trade debtors	23,811	20,303
Other debtors	6,707	7,060
	30,518	27,363


4. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100
	100	100