A. & M.E. SAWDON & SON LTD - Abbreviated accounts 16.3

REGISTERED NUMBER: 04802749 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2016

for

A. & M.E. SAWDON & SON LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

A Sawdon

Mrs M E Sawdon

P Sawdon

SECRETARY:

Miss M E Sawdon

REGISTERED OFFICE:

2 Hallgarth

Pickering

North Yorkshire

YO18 7AW

REGISTERED NUMBER:

04802749 (England and Wales)

ACCOUNTANTS:

Hallgarth Accountants Ltd

2 Hallgarth

Pickering

North Yorkshire

YO18 7AW

FIXED ASSETS

Tangible assets

2

209,430

244,944

CURRENT ASSETS

Stocks

3,000

Debtors

193,643

127,271

Cash at bank

43,388

66,459

240,031

196,730

CREDITORS

Amounts falling due within one year

97,601

107,570

NET CURRENT ASSETS

142,430

89,160

TOTAL ASSETS LESS CURRENT
LIABILITIES

351,860

334,104

PROVISIONS FOR LIABILITIES

41,886

48,989

NET ASSETS

309,974

285,115

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

309,874

285,015

SHAREHOLDERS' FUNDS

309,974

285,115

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 28 March 2017 and were signed on its behalf by:

A Sawdon - 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, except in respect of service contracts where

turnover is recognised when the company obtains the right to consideration.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

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 July 2015

428,760

Additions

5,869

At 30 June 2016

434,629

DEPRECIATION

At 1 July 2015

183,816

Charge for year

41,383

At 30 June 2016

225,199

NET BOOK VALUE

At 30 June 2016

209,430

At 30 June 2015

244,944

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

100

Ordinary

£1

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year to 30th June 2016, an amount of £2500 (2015: £2500) was paid to A & M E Sawdon in respect of land used by the company in the course of its trade.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited

financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of A. & M.E. SAWDON & SON LTD for the year ended 30 June 2016 which comprise the Profit and Loss Account, the

Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given

us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of A. & M.E. SAWDON & SON LTD, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A. & M.E. SAWDON & SON LTD and state those matters that we have agreed to state to the Board of Directors of A. & M.E. SAWDON & SON LTD, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A. & M.E. SAWDON & SON LTD Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A. & M.E. SAWDON & SON LTD has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A. & M.E. SAWDON & SON LTD. You consider that A. & M.E. SAWDON & SON LTD is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A. & M.E. SAWDON & SON LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hallgarth Accountants Ltd

2 Hallgarth

Pickering

North Yorkshire

YO18 7AW

28 March 2017