Abbreviated Company Accounts - ARU BAGGING LIMITED

ARU BAGGING LIMITED - Company Information

08567704 ARU BAGGING LIMITED 2016-11-30 false 2015-12-01 2016-11-30 true 08567704 2015-12-01 2016-11-30 08567704 2016-11-30 08567704 2015-11-30 08567704 uk-gaap-cd-bus:Director1 2015-12-01 2016-11-30 08567704 uk-gaap-cd-bus:Director2 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 iso4217:GBP shares

Registered Number 08567704

ARU BAGGING LIMITED

Abbreviated Accounts

30 November 2016

ARU BAGGING LIMITED Registered Number 08567704

Abbreviated Balance Sheet as at 30 November 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	366,387	174,162
		366,387	174,162
Current assets
Debtors		410,480	266,805
Cash at bank and in hand		398,091	59,708
		808,571	326,513
Creditors: amounts falling due within one year	3	(458,392)	(156,826)
Net current assets (liabilities)		350,179	169,687
Total assets less current liabilities		716,566	343,849
Creditors: amounts falling due after more than one year	3	(214,688)	(121,727)
Provisions for liabilities		(11,885)	-
Total net assets (liabilities)		489,993	222,122
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		489,893	222,022
Shareholders' funds		489,993	222,122

For the year ending 30 November 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 23 August 2017

And signed on their behalf by:
M R Robinson, Director

ARU BAGGING LIMITED Registered Number 08567704

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

1Accounting Policies

Basis of measurement and preparation of accounts
These financial statements have been prepared in accordance with Financial Reporting Standard 102, "The Financial Reporting Standard applicable in the UK and Republic or Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
This is the first year in which the accounts have been prepared under FRS 102.

The company has taken advantage of the following disclosure exemption in preparing these financial statements as permitted by FRS 102:-
-the requirements of Section 7, Statement of Cash Flows

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable excluding discounts, rebates, value added tax and other sales taxes.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Freehold Property Not provided
Motor Vehicles 25% cost

Motor vehicles not depreciated are stated at fair value with any changes reflected in the profit and loss account.

Other accounting policies
HIRE PURCHASE COMMITMENTS
Assets obtained under hire purchase contracts are capitalised in the balance sheet and depreciated over their estimated useful lives. The interest element of those obligations is charged to profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

2Tangible fixed assets

	£
Cost
At 1 December 2015	204,461
Additions	235,700
Disposals	(70,599)
Revaluations	-
Transfers	-
At 30 November 2016	369,562
Depreciation
At 1 December 2015	30,299
Charge for the year	3,175
On disposals	(30,299)
At 30 November 2016	3,175
Net book values
At 30 November 2016	366,387
At 30 November 2015	174,162

3Creditors

	2016 £	2015 £
Secured Debts	89,562	103,230

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100