Abbreviated Company Accounts - ALF KITCHING & SONS LIMITED

ALF KITCHING & SONS LIMITED - Company Information

Registered Number 00789754

ALF KITCHING & SONS LIMITED

Abbreviated Accounts

31 March 2016

ALF KITCHING & SONS LIMITED Registered Number 00789754

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	153,260	161,624
		153,260	161,624
Current assets
Stocks		590	645
Debtors		60,256	40,538
Cash at bank and in hand		228,480	312,795
		289,326	353,978
Creditors: amounts falling due within one year		(18,923)	(23,232)
Net current assets (liabilities)		270,403	330,746
Total assets less current liabilities		423,663	492,370
Creditors: amounts falling due after more than one year		(25,492)	(25,492)
Provisions for liabilities		(21,091)	(27,856)
Total net assets (liabilities)		377,080	439,022
Capital and reserves
Called up share capital		20,000	20,000
Profit and loss account		357,080	419,022
Shareholders' funds		377,080	439,022

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 22 December 2016

And signed on their behalf by:
P D Kitching, Director

ALF KITCHING & SONS LIMITED Registered Number 00789754

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 April 2008.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery 20% on reducing balance and 10% on reducing balance.

2Tangible fixed assets

	£
Cost
At 1 April 2015	736,201
Additions	36,975
Disposals	(7,449)
Revaluations	-
Transfers	-
At 31 March 2016	765,727
Depreciation
At 1 April 2015	574,577
Charge for the year	37,890
On disposals	-
At 31 March 2016	612,467
Net book values
At 31 March 2016	153,260
At 31 March 2015	161,624