Accounts filed on 30-06-2016


ABBREVIATED ACCOUNTS


FOR THE 547 DAY PERIOD ENDED 30/06/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 05231202


Registered Number: 05231202

BALANCE SHEET AT 30/06/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Intangible assets	2		-		750
Tangible assets	3		14,873		19,832

			14,873		20,582

CURRENT ASSETS
Stock		124,678		129,643
Debtors (amounts falling due within one year)	4	109,572		122,130
Cash at bank and in hand		3,144		8,870
		237,394		260,643
CREDITORS: Amounts falling due within one year		297,146		270,291
NET CURRENT LIABILITIES			(59,752)		(9,648)
TOTAL ASSETS LESS CURRENT LIABILITIES			(44,879)		10,934


CREDITORS: Amounts falling due after more than one year	5		-		127,189

NET LIABILITIES			(44,879)		(116,255)

CAPITAL AND RESERVES

Called up share capital	6		100		100
Profit and loss account			(44,979)		(116,355)
SHAREHOLDERS' FUNDS			(44,879)		(116,255)

For the year ending 30/06/2016 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 28/03/2017 and signed on their behalf by




Darren John Sowden
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.

Plant and Machinery		reducing balance 25%
Fixtures and Fittings		reducing balance 25%
Motor Cars		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. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.




1f. Foreign Currency
Transactions in foreign currency are translated at the foreign exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated at the exchange rate ruling at that date. Foreign exchange gains and losses are recognised in the income statement. Non-monetary assets and liabilities that are measured in terms of historical cost in a foreign currency are translated using the exchange rate at the date of the transaction.




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




1h. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




4. DEBTORS	2016	2015
	£	£

Amounts falling due within one year:
Trade debtors	105,551	120,780
VAT	3,798	-
Other debtors	223	1,350
	109,572	122,130




5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2016	2015
	£	£
Other creditors	-	127,189
	-	127,189


Included in other creditors are:
Obligations under hire purchase	-	7,189




6. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
100 Ordinary of £1 each	100	100
	100	100