Abbreviated Company Accounts - A. L. SOLE & SON LIMITED

A. L. SOLE & SON LIMITED - Company Information

Registered Number 08925709

A. L. SOLE & SON LIMITED

Abbreviated Accounts

30 April 2016

A. L. SOLE & SON LIMITED Registered Number 08925709

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	192,000	216,000
Tangible assets	3	41,625	39,364
		233,625	255,364
Current assets
Stocks		25,480	24,500
Debtors		121,706	58,550
Cash at bank and in hand		46,146	21,042
		193,332	104,092
Creditors: amounts falling due within one year		(149,834)	(215,085)
Net current assets (liabilities)		43,498	(110,993)
Total assets less current liabilities		277,123	144,371
Creditors: amounts falling due after more than one year		-	(1,250)
Provisions for liabilities		(882)	(326)
Total net assets (liabilities)		276,241	142,795
Capital and reserves
Called up share capital		2	2
Profit and loss account		276,239	142,793
Shareholders' funds		276,241	142,795

For the year ending 30 April 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 21 December 2016

And signed on their behalf by:
Christopher Sole, Director

A. L. SOLE & SON LIMITED Registered Number 08925709

Notes to the Abbreviated Accounts for the period ended 30 April 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.

2Intangible fixed assets

	£
Cost
At 1 May 2015	240,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	240,000
Amortisation
At 1 May 2015	24,000
Charge for the year	24,000
On disposals	-
At 30 April 2016	48,000
Net book values
At 30 April 2016	192,000
At 30 April 2015	216,000

3Tangible fixed assets

	£
Cost
At 1 May 2015	49,205
Additions	15,128
Disposals	(800)
Revaluations	-
Transfers	-
At 30 April 2016	63,533
Depreciation
At 1 May 2015	9,841
Charge for the year	12,867
On disposals	(800)
At 30 April 2016	21,908
Net book values
At 30 April 2016	41,625
At 30 April 2015	39,364