Accounts filed on 31-05-2016


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31/05/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 02017619


Registered Number: 02017619

BALANCE SHEET AT 31/05/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Tangible assets	2		20,703		23,947

CURRENT ASSETS
Stock		925,345		797,960
Debtors (amounts falling due within one year)	3	1,712,242		1,609,634
Cash at bank and in hand		576		5
		2,638,163		2,407,599
CREDITORS: Amounts falling due within one year		2,332,671		2,110,721
NET CURRENT ASSETS			305,492		296,878
TOTAL ASSETS LESS CURRENT LIABILITIES			326,195		320,825

CAPITAL AND RESERVES

Called up share capital	4		10,000		10,000
Profit and loss account			316,195		310,825
SHAREHOLDERS' FUNDS			326,195		320,825

For the year ending 31/05/2016 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 24/02/2017 and signed on their behalf by




Mr S Mulla
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Long Leasehold Properties		straight line %
Plant and Machinery		reducing balance 25%
Commercial Vehicles		reducing balance 25%
Fixtures and Fittings		reducing balance 25%
Equipment		reducing balance 25%




1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.




1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. DEBTORS	2016	2015
	£	£

Amounts falling due within one year:
Trade debtors	1,365,308	1,336,033
Other Tax	3,268	5,205
Other debtors	343,666	268,396
	1,712,242	1,609,634




4. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
10000 Ordinary shares of £1.0 each	10000	10000
	10,000	10,000