Atkey and Company Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06821937 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

Atkey and Company Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTORS:

B J D U Hodgson

A Chetwode

M J B Costello

P S Drinkall

REGISTERED OFFICE:

Unit 2A Cheddar Business Park

Wedmore Road

Cheddar

Somerset

BS27 3EB

REGISTERED NUMBER:

06821937 (England and Wales)

ACCOUNTANTS:

Hunter Accountants

Chartered Accountants

3 Kings Court

Little King Street

Bristol

BS1 4HW

FIXED ASSETS

Tangible assets

2

227

673

CURRENT ASSETS

Debtors

70,144

67,125

Cash at bank and in hand

453,388

286,440

523,532

353,565

CREDITORS

Amounts falling due within one year

348,668

225,111

NET CURRENT ASSETS

174,864

128,454

TOTAL ASSETS LESS CURRENT
LIABILITIES

175,091

129,127

CAPITAL AND RESERVES

Called up share capital

3

20

Share premium

133,846

Profit and loss account

41,225

(4,739

)

SHAREHOLDERS' FUNDS

175,091

129,127

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 1 December 2016 and were signed on its behalf
by:

P S Drinkall - 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 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.

Fixtures and fittings

-

Straight line over 2 to 3 years

Computer equipment

-

Straight line over 2 to 3 years

Deferred tax

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

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

11,047

DEPRECIATION

At 1 April 2015

10,374

Charge for year

446

At 31 March 2016

10,820

NET BOOK VALUE

At 31 March 2016

227

At 31 March 2015

673

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

201,535

Ordinary

.0001

20

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Atkey and Company Limited for the year ended 31 March 2016 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Atkey and Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Atkey and Company Limited and state those matters that we have agreed to state to the Board of Directors of Atkey and Company Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Atkey and Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Atkey and Company Limited. You consider that Atkey and Company Limited is exempt from the statutory audit requirement for the year.