Abbreviated Company Accounts - ADVANCED CRAFT JOINERY LIMITED

ADVANCED CRAFT JOINERY LIMITED - Company Information

04660483 ADVANCED CRAFT JOINERY LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 04660483 2015-04-01 2016-03-31 04660483 2016-03-31 04660483 2015-03-31 04660483 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04660483 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 04660483

ADVANCED CRAFT JOINERY LIMITED

Abbreviated Accounts

31 March 2016

ADVANCED CRAFT JOINERY LIMITED Registered Number 04660483

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,596	1,573
		1,596	1,573
Current assets
Stocks		10,960	21,210
Debtors		9,608	3,589
Cash at bank and in hand		16,025	3,505
		36,593	28,304
Creditors: amounts falling due within one year		(36,819)	(28,079)
Net current assets (liabilities)		(226)	225
Total assets less current liabilities		1,370	1,798
Provisions for liabilities		(100)	0
Total net assets (liabilities)		1,270	1,798
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		1,170	1,698
Shareholders' funds		1,270	1,798

For the year ending 31 March 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 30 November 2016

And signed on their behalf by:
Mr J P Stowe, Director

ADVANCED CRAFT JOINERY LIMITED Registered Number 04660483

Notes to the Abbreviated Accounts for the period ended 31 March 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 amount derived from the provision of goods and services falling within the company's activities after deduction of trade discounts and value added tax.

Tangible assets depreciation policy
Depreciation of fixed assets is calculated to write off their cost or valuation less any residual value over their estimated useful lives as follows:

Motor vehicles 25% reducing balance
Plant and machinery 20% reducing balance
Computers 33% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2015	13,633
Additions	596
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	14,229
Depreciation
At 1 April 2015	12,060
Charge for the year	573
On disposals	-
At 31 March 2016	12,633
Net book values
At 31 March 2016	1,596
At 31 March 2015	1,573

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100