A.J. Strefford (Beverley) Limited - Abbreviated accounts 16.1

A.J. STREFFORD (BEVERLEY) LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 19 FEBRUARY 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs W R Strefford

Mrs L M Hawcroft

SECRETARY:

Mrs W R Strefford

REGISTERED OFFICE:

Winn & Co

62/63 Westborough

Scarborough

North Yorkshire

YO11 1TS

REGISTERED NUMBER:

02893895 (England and Wales)

ACCOUNTANTS:

Winn & Co

Chartered Accountants

62/63 Westborough

Scarborough

North Yorkshire

YO11 1TS

FIXED ASSETS

Tangible assets

2

172,356

177,451

CURRENT ASSETS

Stocks

39,757

41,383

Debtors

2,144

2,154

Cash at bank and in hand

1,886

9,041

43,787

52,578

CREDITORS

Amounts falling due within one year

17,317

15,803

NET CURRENT ASSETS

26,470

36,775

TOTAL ASSETS LESS CURRENT
LIABILITIES

198,826

214,226

CREDITORS

Amounts falling due after more than one year

20,308

NET ASSETS

178,518

193,918

CAPITAL AND RESERVES

Called up share capital

3

2,600

Capital redemption reserve

320,851

Profit and loss account

(144,933

)

(129,533

)

SHAREHOLDERS' FUNDS

178,518

193,918

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 19 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 19 February 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 10 November 2016 and were signed on its behalf by:

Mrs L M Hawcroft - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The principal accounting policies adopted in the preparation of the financial statements are set out below and have

remained unchanged from the previous period and also have been consistently applied within the same accounts.

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.

Freehold property

-

2% on cost

Fixtures and fittings

-

10% 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 20 February 2015

and 19 February 2016

257,826

DEPRECIATION

At 20 February 2015

80,375

Charge for year

5,095

At 19 February 2016

85,470

NET BOOK VALUE

At 19 February 2016

172,356

At 19 February 2015

177,451

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2,600

Ordinary shares

£1

2,600