A & A Scaffolding (Pembrokeshire) Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06255892 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 May 2014

for

A & A Scaffolding (Pembrokeshire)

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A J Finnegan

Mrs A Finnegan

SECRETARY:

Mrs A Finnegan

REGISTERED OFFICE:

15 Springfield Road

PEMBROKE DOCK

Pembrokeshire

SA72 6PZ

REGISTERED NUMBER:

06255892 (England and Wales)

FIXED ASSETS

Intangible assets

2

65,000

70,000

Tangible assets

3

70,007

69,374

135,007

139,374

CURRENT ASSETS

Debtors

41,271

36,605

Cash at bank

55

10,740

41,326

47,345

CREDITORS

Amounts falling due within one year

156,758

187,457

NET CURRENT LIABILITIES

(115,432

)

(140,112

)

TOTAL ASSETS LESS CURRENT LIABILITIES

19,575

(738

)

CREDITORS

Amounts falling due after more than one year

4

23,824

-

NET LIABILITIES

(4,249

)

(738

)

CAPITAL AND RESERVES

Called up share capital

5

500

500

Profit and loss account

(4,749

)

(1,238

)

SHAREHOLDERS' FUNDS

(4,249

)

(738

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 12 September 2014 and were signed on its behalf by:

A J Finnegan - Director

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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold Property

-

2% on cost

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

and 31 May 2014

100,000

AMORTISATION

At 1 June 2013

30,000

Amortisation for year

5,000

At 31 May 2014

35,000

NET BOOK VALUE

At 31 May 2014

65,000

At 31 May 2013

70,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

132,408

Additions

10,958

Disposals

(9,000

)

At 31 May 2014

134,366

DEPRECIATION

At 1 June 2013

63,034

Charge for year

8,724

Eliminated on disposal

(7,399

)

At 31 May 2014

64,359

NET BOOK VALUE

At 31 May 2014

70,007

At 31 May 2013

69,374

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.5.14

31.5.13

£

£

Repayable by instalments

8,119

-

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

250

Ordinary A

£1

250

250

100

Ordinary B

£1

250

250

500

500

6.

CONTROL

The company is controlled by Mr and Mrs A Finnegan by virtue of their 100% shareholding.