Anderson Apparel Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 03562001 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2017

for

Anderson Apparel Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss C Anderson

S B Miles

SECRETARY:

Miss C Anderson

REGISTERED OFFICE:

Units 4 & 5 Village Workshops

Pandy Road

Llanbrynmair

Powys

SY19 7AA

REGISTERED NUMBER:

03562001 (England and Wales)

ACCOUNTANTS:

Morgan Griffiths LLP

Chartered Accountants

Cross Chambers

9 High Street

Newtown

Powys

SY16 2NY

FIXED ASSETS

Tangible assets

4

12,947

12,744

CURRENT ASSETS

Stocks

3,750

1,750

Debtors

5

2,013

-

Cash at bank

2,527

1,796

8,290

3,546

CREDITORS

Amounts falling due within one year

6

34,703

13,000

NET CURRENT LIABILITIES

(26,413

)

(9,454

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(13,466

)

3,290

PROVISIONS FOR LIABILITIES

2,333

2,200

NET (LIABILITIES)/ASSETS

(15,799

)

1,090

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(15,801

)

1,088

SHAREHOLDERS' FUNDS

(15,799

)

1,090

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 28 November 2017 and were signed on its behalf by:

Miss C Anderson - Director

1.	STATUTORY INFORMATION

Anderson Apparel Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents work done 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

-

25% on cost and 10% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling

costs in bringing stocks to their present location and condition.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 29 February 2016

26,056

Additions

1,850

At 28 February 2017

27,906

DEPRECIATION

At 29 February 2016

13,312

Charge for year

1,647

At 28 February 2017

14,959

NET BOOK VALUE

At 28 February 2017

12,947

At 28 February 2016

12,744

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.17

28.2.16

£

£

Trade debtors

1,320

-

Other debtors

693

-

2,013

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.17

28.2.16

£

£

Trade creditors

2,457

1,459

Taxation and social security

2,050

5,636

Other creditors

30,196

5,905

34,703

13,000