A & S Rowley Limited - Abbreviated accounts 16.3

A & S ROWLEY LIMITED

Abbreviated Unaudited Accounts for the Year Ended 31st March 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A J Rowley

SECRETARY:

Mrs S C Rowley

REGISTERED OFFICE:

2nd Floor

Amplevine House

Dukes Road

Southampton

Hampshire

SO14 0ST

REGISTERED NUMBER:

07586735 (England and Wales)

ACCOUNTANTS:

Hall & Co

Chartered Accountants

Amplevine House

Dukes Road

Southampton

Hampshire

SO14 0ST

FIXED ASSETS

Tangible assets

2

107

294

CURRENT ASSETS

Debtors

1,026

3,392

Cash at bank

932

403

1,958

3,795

CREDITORS

Amounts falling due within one year

1,916

3,562

NET CURRENT ASSETS

42

233

TOTAL ASSETS LESS CURRENT
LIABILITIES

149

527

PROVISIONS FOR LIABILITIES

21

59

NET ASSETS

128

468

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

126

466

SHAREHOLDERS' FUNDS

128

468

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 6th December 2016 and were signed by:

A J Rowley - Director

1.	ACCOUNTING POLICIES

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 services, 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.

Plant and machinery etc

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2015

and 31st March 2016

748

DEPRECIATION

At 1st April 2015

454

Charge for year

187

At 31st March 2016

641

NET BOOK VALUE

At 31st March 2016

107

At 31st March 2015

294

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2016

and 31st March 2015:

2016

2015

£

A J Rowley

Balance outstanding at start of year

2,334

3,572

Amounts advanced

1,022

2,334

Amounts repaid

(2,334

)

(3,572

)

Balance outstanding at end of year

1,022

2,334