A.J.P._FABRICATIONS_LIMIT - Accounts

A.J.P. FABRICATIONS LIMITED - Company Information

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Company Registration No. 04836292 (England and Wales)

A.J.P. FABRICATIONS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2016

A.J.P. FABRICATIONS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

A.J.P. FABRICATIONS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

29 FEBRUARY 2016

- 1 -

2016

2014

Notes

Fixed assets

Tangible assets

7,891

8,863

Current assets

Stocks

1,500

3,914

Debtors

8,278

3,187

Cash at bank and in hand

100

9,878

7,201

Creditors: amounts falling due within one year

(68,846)

(34,886)

Net current liabilities

(58,968)

(27,685)

Total assets less current liabilities

(51,077)

(18,822)

Provisions for liabilities

(1,207)

(1,321)

(52,284)

(20,143)

Capital and reserves

Called up share capital

Profit and loss account

(52,286)

(20,145)

Shareholders' funds

(52,284)

(20,143)

For the financial year ended 29 February 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 29 November 2016

Mr A, Parker

Director

Company Registration No. 04836292

A.J.P. FABRICATIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 29 FEBRUARY 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements have been prepared on the going concern basis. The appropriateness of this basis is dependent upon the continued support of the director and certain other creditors. The financial statements do not include any adjustments that would result in a withdrawal of this support as assurances have been obtained from the director that this support will be ongoing.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

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

Plant and machinery

15% Reducing balance

Fixtures, fittings & equipment

15% Reducing balance

1.5

Stock

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

1.6

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

A.J.P. FABRICATIONS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 29 FEBRUARY 2016

- 3 -

Fixed assets

Tangible assets

Cost

At 1 September 2014

62,856

Additions

421

At 29 February 2016

63,277

Depreciation

At 1 September 2014

53,993

Charge for the year

1,393

At 29 February 2016

55,386

Net book value

At 29 February 2016

7,891

At 31 August 2014

8,863

Share capital

2016

2014

Allotted, called up and fully paid

2 Ordinary of £1 each