A W Fencing (Blidworth) Limited - Abbreviated accounts 16.1
A W Fencing (Blidworth) Limited - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| A W FENCING (BLIDWORTH) LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31ST MAY 2016 |
| A W FENCING (BLIDWORTH) LIMITED (REGISTERED NUMBER: 06583696) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31st May 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 | to | 3 |
| Notes to the Abbreviated Accounts | 4 | to | 5 |
| A W FENCING (BLIDWORTH) LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31st May 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| A W FENCING (BLIDWORTH) LIMITED (REGISTERED NUMBER: 06583696) |
| ABBREVIATED BALANCE SHEET |
| 31st May 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| A W FENCING (BLIDWORTH) LIMITED (REGISTERED NUMBER: 06583696) |
| ABBREVIATED BALANCE SHEET - continued |
| 31st May 2016 |
| The financial statements were approved by the Board of Directors on were signed on its behalf by: |
| A W FENCING (BLIDWORTH) LIMITED (REGISTERED NUMBER: 06583696) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31st May 2016 |
| 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 and provision of services, excluding value |
| added tax. |
| Revenue is recognised on despatch of goods and upon completion of services. |
| Tangible fixed assets |
| Plant and machinery | - |
| Motor vehicles | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance |
| for obsolete and slow moving items. |
| Deferred tax |
| Full provision is made for deferred tax assets and liabilities arising from all timing differences |
| between the recognition of gains and losses in the financial statements and recognition in |
| the tax computation. |
| A net deferred tax asset is recognised only if it can be regarded as more likely than not that |
| there will be suitable taxable profits from which the future reversal of the underlying timing |
| differences can be deducted. |
| Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at |
| the time the timing differences are expected to reverse. |
| Deferred tax assets and liabilities are not discounted. |
| Operating leases |
| Rentals paid under operating leases are charged to the profit and loss account on a straight |
| line basis over the period of the lease. |
| A W FENCING (BLIDWORTH) LIMITED (REGISTERED NUMBER: 06583696) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31st May 2016 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st June 2015 |
| Additions |
| At 31st May 2016 |
| DEPRECIATION |
| At 1st June 2015 |
| Charge for year |
| At 31st May 2016 |
| NET BOOK VALUE |
| At 31st May 2016 |
| At 31st May 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 |