05257043 1.4.14 31.3.15 31.3.15 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure052570432014-03-31052570432015-03-31052570432014-04-012015-03-31052570432013-03-31052570432013-04-012014-03-31052570432014-03-3105257043ns14:PoundSterling2014-04-012015-03-3105257043ns7:Director12014-04-012015-03-3105257043ns7:OrdinaryShareClass12014-04-012015-03-3105257043ns7:CompanySecretary2014-04-012015-03-3105257043ns7:RegisteredOffice2014-04-012015-03-3105257043ns7:EntityAccountantsOrAuditors2014-04-012015-03-3105257043ns5:PlantMachinery2014-04-012015-03-3105257043ns7:OrdinaryShareClass12015-03-3105257043ns7:OrdinaryShareClass12014-03-31
REGISTERED NUMBER: 05257043















A A ADAMS LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015






A A ADAMS LTD (REGISTERED NUMBER: 05257043)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

A A ADAMS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2015







DIRECTOR: M A Adams





SECRETARY: Mrs P A Adams





REGISTERED OFFICE: 2 Lakeview Stables
Lower St Clere
Kemsing
Sevenoaks
Kent
TN15 6NL





REGISTERED NUMBER: 05257043





ACCOUNTANTS: Lakeview Southern Limited
Unit 2 Lakeview Stables
Lower St Clere
Kemsing
Sevenoaks
Kent
TN15 6NL

A A ADAMS LTD (REGISTERED NUMBER: 05257043)

ABBREVIATED BALANCE SHEET
31 MARCH 2015

31.3.15 31.3.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 2,288 2,860

CURRENT ASSETS
Stocks 471,000 71,760
Debtors 7,491 32,402
478,491 104,162
CREDITORS
Amounts falling due within one year 457,262 84,081
NET CURRENT ASSETS 21,229 20,081
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,517

22,941

CAPITAL AND RESERVES
Called up share capital 3 1 1
Profit and loss account 23,516 22,940
SHAREHOLDERS' FUNDS 23,517 22,941

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 21 September 2015 and were signed by:





M A Adams - Director


A A ADAMS LTD (REGISTERED NUMBER: 05257043)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015


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 April 2008).

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 etc - 20% on reducing balance

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

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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 April 2014
and 31 March 2015 17,135
DEPRECIATION
At 1 April 2014 14,275
Charge for year 572
At 31 March 2015 14,847
NET BOOK VALUE
At 31 March 2015 2,288
At 31 March 2014 2,860

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.15 31.3.14
value: £    £   
1 Ordinary £1 1 1

A A ADAMS LTD (REGISTERED NUMBER: 05257043)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2015


4. RELATED PARTY DISCLOSURES

At the year end the company owed the director £420,089. (2014 - £43,585).

£25,000 of sales were made to the Directors in the previous year.