Avondale Resources Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 08180680 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2017

for

Avondale Resources Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J R Gray

Mrs J M Gray

REGISTERED OFFICE:

Avondale 4 Rowley Lane

Fenay Bridge

Huddersfield

HD8 0JG

REGISTERED NUMBER:

08180680 (England and Wales)

ACCOUNTANTS:

D & A Hill

Chartered Accountants & Registered Auditors

T8/9 Brooke's Mill

Armitage Bridge

Huddersfield

West Yorkshire

HD4 7NR

FIXED ASSETS

Tangible assets

4

170

410

CURRENT ASSETS

Stocks

7,225

-

Debtors

5

2,504

11,656

Cash at bank

18,861

6,735

28,590

18,391

CREDITORS

Amounts falling due within one year

6

27,998

18,798

NET CURRENT ASSETS/(LIABILITIES)

592

(407

)

TOTAL ASSETS LESS CURRENT LIABILITIES

762

3

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

759

-

SHAREHOLDERS' FUNDS

762

3

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 22 November 2017 and were signed on its behalf by:

J R Gray - Director

Mrs J M Gray - Director

1.	STATUTORY INFORMATION

Avondale Resources 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 the value of work done excluding VAT. All turnover was attributable to work done

in the United Kingdom.

Tangible fixed assets

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

Computer equipment

-

20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 September 2016

and 31 August 2017

1,198

DEPRECIATION

At 1 September 2016

788

Charge for year

240

At 31 August 2017

1,028

NET BOOK VALUE

At 31 August 2017

170

At 31 August 2016

410

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

1

1

Other debtors

2,503

11,655

2,504

11,656

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

18,233

10,545

Other creditors

9,765

8,253

27,998

18,798

7.	ULTIMATE CONTROLLING PARTY

The controlling party is J R Gray.