REGISTERED NUMBER: 04239397 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2016

for

Arthurs Skips Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A Hartley

Mrs B E Hartley

J S Hartley

SECRETARY:

Mrs B E Hartley

REGISTERED OFFICE:

302 Neepsend Lane

Sheffield

South Yorkshire

S3 AW

REGISTERED NUMBER:

04239397 (England and Wales)

ACCOUNTANTS:

Sochall Smith Limited

4 Park Square

Newton Chambers Road

Chapeltown

Sheffield

South Yorkshire

S35 2PH

FIXED ASSETS

Intangible assets

2

-

24,000

Tangible assets

3

2,341,440

515,191

2,341,440

539,191

CURRENT ASSETS

Debtors

496,477

199,265

Cash at bank and in hand

381,114

315,751

877,591

515,016

CREDITORS

Amounts falling due within one year

1,091,985

292,647

NET CURRENT (LIABILITIES)/ASSETS

(214,394

)

222,369

TOTAL ASSETS LESS CURRENT LIABILITIES

2,127,046

761,560

CREDITORS

Amounts falling due after more than one year

(1,325,006

)

(235,101

)

PROVISIONS FOR LIABILITIES

(110,601

)

(100,361

)

NET ASSETS

691,439

426,098

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

691,339

425,998

SHAREHOLDERS' FUNDS

691,439

426,098

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

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

A Hartley - Director

J S Hartley - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2001, has been written off

fully in the year to reflect the end of the period of it's useful life.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those

held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance

leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

80,000

AMORTISATION

At 1 September 2015

56,000

Amortisation for year

24,000

At 31 August 2016

80,000

NET BOOK VALUE

At 31 August 2016

-

At 31 August 2015

24,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

944,978

Additions

1,980,019

Disposals

(34,010

)

At 31 August 2016

2,890,987

DEPRECIATION

At 1 September 2015

429,787

Charge for year

146,303

Eliminated on disposal

(26,543

)

At 31 August 2016

549,547

NET BOOK VALUE

At 31 August 2016

2,341,440

At 31 August 2015

515,191

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

£

100

Ordinary

£1

100

100