Abbreviated Company Accounts - A & E STEELS LIMITED

04033187 A & E STEELS LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 04033187 2015-08-01 2016-07-31 04033187 2016-07-31 04033187 2015-07-31 04033187 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 04033187 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 04033187

A & E STEELS LIMITED

Abbreviated Accounts

31 July 2016

A & E STEELS LIMITED Registered Number 04033187

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,817	2,138
		1,817	2,138
Current assets
Debtors		18,142	18,442
Cash at bank and in hand		59	27
		18,201	18,469
Creditors: amounts falling due within one year		(10,211)	(12,187)
Net current assets (liabilities)		7,990	6,282
Total assets less current liabilities		9,807	8,420
Provisions for liabilities		0	(87)
Total net assets (liabilities)		9,807	8,333
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		9,805	8,331
Shareholders' funds		9,807	8,333

For the year ending 31 July 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 April 2017

And signed on their behalf by:
Mrs E L Taylor, Director

A & E STEELS LIMITED Registered Number 04033187

Notes to the Abbreviated Accounts for the period ended 31 July 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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

Plant and machinery etc - 15% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 August 2015	16,700
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	16,700
Depreciation
At 1 August 2015	14,562
Charge for the year	321
On disposals	-
At 31 July 2016	14,883
Net book values
At 31 July 2016	1,817
At 31 July 2015	2,138

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2