All Safe Scaffolding Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08451354 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2016

for

All Safe Scaffolding Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

P K Boland

M C Boland

REGISTERED OFFICE:

10 Manor Park

Banbury

Oxfordshire

OX16 3TB

REGISTERED NUMBER:

08451354 (England and Wales)

ACCOUNTANTS:

Handleys Chartered Accountants

10 Manor Park

Banbury

Oxfordshire

OX16 3TB

FIXED ASSETS

Tangible assets

2

1,090,554

773,419

CURRENT ASSETS

Debtors

615,397

398,569

Cash at bank

106,727

73,650

722,124

472,219

CREDITORS

Amounts falling due within one year

760,030

366,149

NET CURRENT (LIABILITIES)/ASSETS

(37,906

)

106,070

TOTAL ASSETS LESS CURRENT LIABILITIES

1,052,648

879,489

CREDITORS

Amounts falling due after more than one year

(258,075

)

(295,249

)

PROVISIONS FOR LIABILITIES

(152,228

)

(129,751

)

NET ASSETS

642,345

454,489

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

642,343

454,487

SHAREHOLDERS' FUNDS

642,345

454,489

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 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 25 July 2017 and were signed on its behalf by:

P K Boland - Director

M C Boland - 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 January

2015).

Turnover

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

Tangible fixed assets

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

Plant and machinery etc

-

33% on reducing balance, 25% on reducing balance and 15% 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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

933,777

Additions

527,056

At 31 October 2016

1,460,833

DEPRECIATION

At 1 November 2015

160,358

Charge for year

209,921

At 31 October 2016

370,279

NET BOOK VALUE

At 31 October 2016

1,090,554

At 31 October 2015

773,419

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

£

200

Ordinary

1p

2

2