Abbreviated Company Accounts - A E CLARK TOYS (ISLE OF WIGHT) LIMITED

A E CLARK TOYS (ISLE OF WIGHT) LIMITED - Company Information

01314168 A E CLARK TOYS (ISLE OF WIGHT) LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 01314168 2015-04-01 2016-03-31 01314168 2016-03-31 01314168 2015-03-31 01314168 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 01314168 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2015-03-31 iso4217:GBP shares

Registered Number 01314168

A E CLARK TOYS (ISLE OF WIGHT) LIMITED

Abbreviated Accounts

31 March 2016

A E CLARK TOYS (ISLE OF WIGHT) LIMITED Registered Number 01314168

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	95,764	95,415
		95,764	95,415
Current assets
Debtors		1,613	1,524
Cash at bank and in hand		28,242	39,159
		29,855	40,683
Creditors: amounts falling due within one year		(2,573)	(5,515)
Net current assets (liabilities)		27,282	35,168
Total assets less current liabilities		123,046	130,583
Total net assets (liabilities)		123,046	130,583
Capital and reserves
Called up share capital	3	2,000	2,000
Profit and loss account		121,046	128,583
Shareholders' funds		123,046	130,583

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 8 February 2017

And signed on their behalf by:
Mrs E M Avery, Director

A E CLARK TOYS (ISLE OF WIGHT) LIMITED Registered Number 01314168

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of rental sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - 25% on reducing balance

Other accounting policies
Pensions
The pension costs charged in the financial statements represent the contribution payable by the company during the year.

2Tangible fixed assets

	£
Cost
At 1 April 2015	99,105
Additions	780
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	99,885
Depreciation
At 1 April 2015	3,690
Charge for the year	431
On disposals	-
At 31 March 2016	4,121
Net book values
At 31 March 2016	95,764
At 31 March 2015	95,415

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 A Ordinary shares of £1 each	1,000	1,000
500 B Ordinary shares of £1 each	500	500
500 C Ordinary shares of £1 each	500	500