Abbreviated Company Accounts - AMBERLEY STORES LIMITED

AMBERLEY STORES LIMITED - Company Information

00714933 AMBERLEY STORES LIMITED 2016-02-28 false 2015-03-01 2016-02-28 true 00714933 2015-03-01 2016-02-28 00714933 2016-02-28 00714933 2015-02-28 00714933 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-28 00714933 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 iso4217:GBP shares

Registered Number 00714933

AMBERLEY STORES LIMITED

Abbreviated Accounts

28 February 2016

AMBERLEY STORES LIMITED Registered Number 00714933

Abbreviated Balance Sheet as at 28 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	45,428	48,155
		45,428	48,155
Current assets
Stocks		15,667	19,911
Debtors		10,139	16,715
Cash at bank and in hand		-	1,537
		25,806	38,163
Creditors: amounts falling due within one year		(43,266)	(34,597)
Net current assets (liabilities)		(17,460)	3,566
Total assets less current liabilities		27,968	51,721
Creditors: amounts falling due after more than one year		(27,371)	(30,768)
Total net assets (liabilities)		597	20,953
Capital and reserves
Called up share capital	3	3,000	3,000
Profit and loss account		(2,403)	17,953
Shareholders' funds		597	20,953

For the year ending 28 February 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 24 November 2016

And signed on their behalf by:
Scott John Andrews, Director

AMBERLEY STORES LIMITED Registered Number 00714933

Notes to the Abbreviated Accounts for the period ended 28 February 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Land and buildings - 2% on cost of building
Plant and machinery - 25% on cost
Fixtures, fittings and equipment - 15% of net book value
Motor vehicles - 25% of net book value

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

Other accounting policies
The pension costs charged in the financial statements represent the contribution payable by the company during the year.

2Tangible fixed assets

	£
Cost
At 1 March 2015	120,607
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2016	120,607
Depreciation
At 1 March 2015	72,452
Charge for the year	2,727
On disposals	-
At 28 February 2016	75,179
Net book values
At 28 February 2016	45,428
At 28 February 2015	48,155

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
3,000 Ordinary shares of £1 each	3,000	3,000