Abbreviated Company Accounts - TRIPLE A HOME IMPROVEMENTS LIMITED

Abbreviated Company Accounts - TRIPLE A HOME IMPROVEMENTS LIMITED

TRIPLE A HOME IMPROVEMENTS LIMITED - Company Information

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Registered Number 08683392

TRIPLE A HOME IMPROVEMENTS LIMITED

Abbreviated Accounts

30 September 2016

TRIPLE A HOME IMPROVEMENTS LIMITED Registered Number 08683392

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 6,000 9,000
Tangible assets 3 24,600 28,600
30,600 37,600
Current assets
Stocks 50,000 50,000
Debtors 70,613 42,117
Cash at bank and in hand 10,342 30,194
130,955 122,311
Creditors: amounts falling due within one year (141,676) (145,199)
Net current assets (liabilities) (10,721) (22,888)
Total assets less current liabilities 19,879 14,712
Provisions for liabilities (2,909) (4,448)
Total net assets (liabilities) 16,970 10,264
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 16,870 10,164
Shareholders' funds 16,970 10,264
  • For the year ending 30 September 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 March 2017

And signed on their behalf by:
J Piper, Director

TRIPLE A HOME IMPROVEMENTS LIMITED Registered Number 08683392

Notes to the Abbreviated Accounts for the period ended 30 September 2016

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 January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the
year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Plant and machinery - 25% straight line
Fixtures, fittings and equipment - 15% straight line

Intangible assets amortisation policy
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life
of 5 years.

Valuation information and policy
Stock and work in progress
Stock and work in progress are valued at the lower of cost and net realisable value.

Other accounting policies
Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

2Intangible fixed assets
£
Cost
At 1 October 2015 15,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2016 15,000
Amortisation
At 1 October 2015 6,000
Charge for the year 3,000
On disposals -
At 30 September 2016 9,000
Net book values
At 30 September 2016 6,000
At 30 September 2015 9,000
3Tangible fixed assets
£
Cost
At 1 October 2015 43,000
Additions 4,000
Disposals -
Revaluations -
Transfers -
At 30 September 2016 47,000
Depreciation
At 1 October 2015 14,400
Charge for the year 8,000
On disposals -
At 30 September 2016 22,400
Net book values
At 30 September 2016 24,600
At 30 September 2015 28,600
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
100 Ordinary shares of £1 each 100 100