REGISTERED NUMBER: 04675390 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

A&P Joiners & Builders Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

PK Paterson

SECRETARY:

S Paterson

REGISTERED OFFICE:

835 Welbeck Road

Walker

Newcastle upon Tyne

Tyne and Wear

NE6 4JP

REGISTERED NUMBER:

04675390 (England and Wales)

FIXED ASSETS

Tangible assets

2

5,437

6,936

CURRENT ASSETS

Stock & Work in Progress

1,223

1,091

Debtors

75,820

87,121

Cash at bank

7,815

3,266

84,858

91,478

CREDITORS

Amounts falling due within one year

84,149

79,241

NET CURRENT ASSETS

709

12,237

TOTAL ASSETS LESS CURRENT LIABILITIES

6,146

19,173

PROVISIONS FOR LIABILITIES

(743

)

(968

)

ACCRUALS AND DEFERRED INCOME

(2,900

)

(3,125

)

NET ASSETS

2,503

15,080

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

2,403

14,980

SHAREHOLDERS' FUNDS

2,503

15,080

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 8 March 2017 and were signed by:

PK Paterson - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

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

-

25% Reducing Balance Basis

Motor vehicles

-

25% Reducing Balance Basis

Stocks

Stock & work in progress and stock & work in progress are valued at the lower of cost and net realisable value, after

making due allowance for obsolete and slow moving items.

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

Deferred tax

Current tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred taxation is accounted for at expected tax rates on all differences arising from the inclusion of items of

income and expenditure in taxation computations in periods different from those in which they are included in the

financial statements. A deferred tax asset is only recognised when it is more likely than not that the asset will be

recoverable in the foreseeable future out of suitable taxable profits from which the underlying timing differences can

be deducted.

Income recognition and work in progress

Revenue is recognised at the point at which goods and services are supplied to customers. Where services have been

performed/goods ordered and the proportion not invoiced until after the year end, specific revenue is recognised and

provided for by reference to the value of work performed.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

59,817

Additions

312

At 31 March 2016

60,129

DEPRECIATION

At 1 April 2015

52,881

Charge for year

1,811

At 31 March 2016

54,692

NET BOOK VALUE

At 31 March 2016

5,437

At 31 March 2015

6,936

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100