Company Registration No. 07336137 (England and Wales)
A & N SERVICE LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JANUARY 2016
A & N SERVICE LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
A & N SERVICE LIMITED
ABBREVIATED BALANCE SHEET
AS AT
29 JANUARY 2016
29 January 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Intangible assets
2
33,032
38,162
Tangible assets
2
1,067
3,046
34,099
41,208
Current assets
Debtors
3,155
43,049
Cash at bank and in hand
45
5,530
3,200
48,579
Creditors: amounts falling due within one year
(85,755)
(95,406)
Net current liabilities
(82,555)
(46,827)
Total assets less current liabilities
(48,456)
(5,619)
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
(48,556)
(5,719)
Shareholders' funds
(48,456)
(5,619)
For the financial year ended 29 January 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 29 January 2017
Mr Nimesh Patel
Mr Arvind Ravji Bhojani
Director
Director
Company Registration No. 07336137
A & N SERVICE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 29 JANUARY 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
1.5
Patents
Patents are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful lives.
1.6
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
Computer equipment
Fixtures, fittings & equipment
Motor vehicles
1.7
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
A & N SERVICE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 29 JANUARY 2016
- 3 -
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 30 January 2015 & at 29 January 2016
51,300
6,263
57,563
Depreciation
At 30 January 2015
13,138
3,218
16,356
Charge for the year
5,130
1,978
7,108
At 29 January 2016
18,268
5,196
23,464
Net book value
At 29 January 2016
33,032
1,067
34,099
At 29 January 2015
38,162
3,046
41,208
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary of £1 each
100
100