Accounts filed on 30-04-2017


Registered number: 04215049






ALDEBURGH CONTEMPORARY ARTS LIMITED


ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2017
























Prepared By:
Gallaghers MK
Chartered Accountants
33a High Street
Stony Stratford
Milton Keynes
Bucks
MK11 1AA


ALDEBURGH CONTEMPORARY ARTS LIMITED


ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2017





DIRECTORS
A W Knibbs
Mrs J Knibbs



SECRETARY
Mrs J Knibbs


REGISTERED OFFICE
5 Quays Barns
Risby
Bury St Edmunds
Suffolk
IP28 6RP


COMPANY DETAILS
registered in , registered number 04215049



ACCOUNTANTS
Gallaghers MK
Chartered Accountants
33a High Street
Stony Stratford
Milton Keynes
Bucks
MK11 1AA


ACCOUNTS
FOR THEYEARENDED30 APRIL 2017



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30 April 2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Tangible assets	2		49,271		52,567

CURRENT ASSETS
Stock		5,000		5,000
Debtors	4	39		-
Cash at bank and in hand		36,091		31,427
		41,130		36,427
CREDITORS: Amounts falling due within one year	5	38,174		45,050
NET CURRENT ASSETS / (LIABILITIES)			2,956		(8,623)
TOTAL ASSETS LESS CURRENT LIABILITIES			52,227		43,944

CAPITAL AND RESERVES

Called up share capital	7		100		100
Profit and loss account			52,127		43,844
SHAREHOLDERS' FUNDS			52,227		43,944

For the year ending 30 April 2017 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 18 August 2017 and signed on their behalf by



.............................
A W Knibbs
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and Fittings		reducing balance 25%
Equipment		reducing balance 25%
Motor Cars		reducing balance 25%




1c. 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.




4. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Directors current account	39	-
	39	-




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
UK corporation tax	12,119	9,890
VAT	6,788	6,596
Directors current account	-	11,087
Bank loans and overdrafts	2,995	4,257
Accruals	16,272	13,220
	38,174	45,050




7. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100