Abbreviated Company Accounts - A.M. FABRICATION (NORTHERN) LIMITED

A.M. FABRICATION (NORTHERN) LIMITED - Company Information

03707882 A.M. FABRICATION (NORTHERN) LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 03707882 2013-04-01 2014-03-31 03707882 2014-03-31 03707882 2013-03-31 03707882 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 03707882 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director3 2013-03-31 uk-gaap-cd-bus:Director4 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director4 2014-03-31 uk-gaap-cd-bus:Director4 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 03707882

A.M. FABRICATION (NORTHERN) LIMITED

Abbreviated Accounts

31 March 2014

A.M. FABRICATION (NORTHERN) LIMITED Registered Number 03707882

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	206,419	218,447
		206,419	218,447
Current assets
Stocks		12,500	6,000
Debtors		730,160	1,459,006
Cash at bank and in hand		401,432	388,088
		1,144,092	1,853,094
Creditors: amounts falling due within one year	3	(883,669)	(1,522,883)
Net current assets (liabilities)		260,423	330,211
Total assets less current liabilities		466,842	548,658
Creditors: amounts falling due after more than one year	3	(39,797)	(22,068)
Provisions for liabilities		(27,954)	(26,135)
Total net assets (liabilities)		399,091	500,455
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		399,089	500,453
Shareholders' funds		399,091	500,455

For the year ending 31 March 2014 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 1 July 2014

And signed on their behalf by:
Mr MJ Trueman, Director
Mr AP Nichol, Director

A.M. FABRICATION (NORTHERN) LIMITED Registered Number 03707882

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings leasehold - 50% Straight line
Plant and machinery - 15% Straight line/50% Straight line
Fixtures, fittings & equipment - 25% Straight line
Motor vehicles - 25% Reducing balance

Other accounting policies
Stock and work in progress is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 April 2013	554,878
Additions	112,847
Disposals	(92,730)
Revaluations	-
Transfers	-
At 31 March 2014	574,995
Depreciation
At 1 April 2013	336,431
Charge for the year	94,867
On disposals	(62,722)
At 31 March 2014	368,576
Net book values
At 31 March 2014	206,419
At 31 March 2013	218,447

3Creditors

	2014 £	2013 £
Secured Debts	90,498	71,309

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2

5Transactions with directors

Name of director receiving advance or credit:	MJ Trueman
Description of the transaction:	Directors Loan
Balance at 1 April 2013:	£ 17,675
Advances or credits made:	£ 98,434
Advances or credits repaid:	£ 116,109
Balance at 31 March 2014:	£ 0

Name of director receiving advance or credit:	AP Nichol
Description of the transaction:	Directors Loan
Balance at 1 April 2013:	£ 18,796
Advances or credits made:	£ 103,564
Advances or credits repaid:	£ 119,628
Balance at 31 March 2014:	£ 2,732