REGISTERED NUMBER: 01378068 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 11 JULY 2016

FOR

A BAILEY & SONS

(ROAD HAULAGE CONTRACTORS) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr A Bailey Snr

SECRETARY:

Mrs E Bailey

REGISTERED OFFICE:

19-20 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

REGISTERED NUMBER:

01378068 (England and Wales)

ACCOUNTANTS:

Raffingers

Chartered Certified Accountants

19-20 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

FIXED ASSETS

Tangible assets

2

1,053

1,239

CURRENT ASSETS

Stocks

57,425

71,425

Debtors

54,910

64,495

Cash at bank and in hand

1,508

2,639

113,843

138,559

CREDITORS

Amounts falling due within one year

117,253

91,994

NET CURRENT (LIABILITIES)/ASSETS

(3,410

)

46,565

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,357

)

47,804

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

(3,357

)

46,804

SHAREHOLDERS' FUNDS

(2,357

)

47,804

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 11 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 11 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 23 November 2016 and were signed by:

Mr A Bailey Snr - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on the going concern basis as the director is of the opinion that the company will meet its

liabilities as and when due.

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

-

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 12 July 2015

and 11 July 2016

22,917

DEPRECIATION

At 12 July 2015

21,678

Charge for year

186

At 11 July 2016

21,864

NET BOOK VALUE

At 11 July 2016

1,053

At 11 July 2015

1,239

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1,000

Ordinary

£1

1,000

1,000