A.E._&_D.A._THOMSON_LIMIT - Accounts

A.E.& D.A.THOMSON LIMITED - Company Information

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Company Registration No. 00529129 (England and Wales)

A.E. & D.A. THOMSON LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2016

A.E. & D.A. THOMSON LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

A.E. & D.A. THOMSON LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

433,499

434,766

Current assets

Debtors

5,989

835

Cash at bank and in hand

333,225

240,181

339,214

241,016

Creditors: amounts falling due within one year

(60,290)

(55,779)

Net current assets

278,924

185,237

Total assets less current liabilities

712,423

620,003

Capital and reserves

Called up share capital

15,000

Revaluation reserve

317,918

Profit and loss account

379,505

287,085

Shareholders' funds

712,423

620,003

For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 26 January 2017

Mr N G Thomson

Mr H A Thomson

Director

Company Registration No. 00529129

A.E. & D.A. THOMSON LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

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

Plant and machinery

20% straight line

Fixtures, fittings & equipment

20% straight line

Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

A.E. & D.A. THOMSON LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2016

- 3 -

Fixed assets

Tangible assets

Cost or valuation

At 1 May 2015 & at 30 April 2016

469,765

Depreciation

At 1 May 2015

34,999

Charge for the year

1,267

At 30 April 2016

36,266

Net book value

At 30 April 2016

433,499

At 30 April 2015

434,766

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary Shares of £1 each

100

14,900 Ordinary "A" Shares of £1 each

14,900

15,000

Related party relationships and transactions

Transactions with Directors

At the start of the year there was an opening balance owed to Nigel Thomson of £1,033. During the year there was a net increase of £44. At the balance sheet date the amount owed by A.E. & D.A. Thomson Ltd to Nigel Thomson was £1,077.

At the start of the year there was an opening balance owed to Howard Thomson of £15,320. During the year this increased by a net amount of £140. At the balance sheet date the amount owed by A.E. & D.A. Thomson Ltd to Howard Thomson was £15,460.

At the start of the year there was an opening balance owed to Marion Thomson of £1,560. During the year there was no activity. At the balance sheet date the amount owed by A.E. & D.A. Thomson Ltd to Marion Thomson was £1,560.