REGISTERED NUMBER: 04931075 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

A & C HAMILTON LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr A Hamilton

REGISTERED OFFICE:

946-950 Blackpool Road

Lea

Preston

Lancashire

PR2 1XN

REGISTERED NUMBER:

04931075 (England and Wales)

ACCOUNTANTS:

Abrams Ashton

Chartered Accountants

41 St Thomas's Road

Chorley

Lancashire

PR7 1JE

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

26,167

13,851

26,167

13,851

CURRENT ASSETS

Stocks

229,391

264,912

Debtors

21,183

41,845

Cash at bank and in hand

140,734

83,836

391,308

390,593

CREDITORS

Amounts falling due within one year

80,514

67,915

NET CURRENT ASSETS

310,794

322,678

TOTAL ASSETS LESS CURRENT LIABILITIES

336,961

336,529

PROVISIONS FOR LIABILITIES

3,579

1,005

NET ASSETS

333,382

335,524

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

333,282

335,424

SHAREHOLDERS' FUNDS

333,382

335,524

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 12 September 2016 and were signed by:

Mr A Hamilton - 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 is the value of goods and services, net of value added tax, provided to customers during the year.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

5% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% 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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

103,000

AMORTISATION

At 1 April 2015

and 31 March 2016

103,000

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

35,104

Additions

13,650

At 31 March 2016

48,754

DEPRECIATION

At 1 April 2015

21,253

Charge for year

1,334

At 31 March 2016

22,587

NET BOOK VALUE

At 31 March 2016

26,167

At 31 March 2015

13,851

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

80

Ordinary 'A'

£1

80

80

10

Ordinary 'B' shares

£1

10

10

10

Ordinary 'C' shares

£1

10

10

100

100

All the shares rank pari passu except in respect of dividends where the amounts paid can be differentiated

between the classes of shares.

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2016 and

31 March 2015:

31.3.16

31.3.15

£

£

Mr A Hamilton

Balance outstanding at start of year

23,711

27,581

Amounts repaid

(39,367

)

(3,870

)

Balance outstanding at end of year

(15,656

)

23,711

6.	ULTIMATE CONTROLLING PARTY

The company was under the control of Mr A Hamilton, director and majority shareholder during the current and

previous year.