REGISTERED NUMBER: SC309468 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2016

for

A & C Flooring Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C Browning

A Black

SECRETARY:

C Browning

REGISTERED OFFICE:

Flat 1/2

179 Craighall Road

Glasgow

G4 9TN

REGISTERED NUMBER:

SC309468 (Scotland)

ACCOUNTANTS:

UUDM

18 Fulmar Court

Bishopbriggs

Glasgow

G64 1XA

FIXED ASSETS

Tangible assets

2

5,495

6,589

CURRENT ASSETS

Stocks

781

1,045

Debtors

24,823

64,109

Cash at bank and in hand

20,469

10,466

46,073

75,620

CREDITORS

Amounts falling due within one year

31,954

63,222

NET CURRENT ASSETS

14,119

12,398

TOTAL ASSETS LESS CURRENT LIABILITIES

19,614

18,987

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

19,514

18,887

SHAREHOLDERS' FUNDS

19,614

18,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 21 July 2017 and were signed on its behalf by:

C Browning - 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.

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

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

17,809

Additions

637

At 31 October 2016

18,446

DEPRECIATION

At 1 November 2015

11,220

Charge for year

1,731

At 31 October 2016

12,951

NET BOOK VALUE

At 31 October 2016

5,495

At 31 October 2015

6,589

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

£

100

Ordinary

£1

100

100