Abbreviated Company Accounts - A & J PICKUP LIMITED

A & J PICKUP LIMITED Registered Number 04735634

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	5,000	20,641
		5,000	20,641
Current assets
Stocks		-	4,069
Debtors		18,123	22,982
Cash at bank and in hand		4,160	22,314
		22,283	49,365
Creditors: amounts falling due within one year	3	(24,394)	(53,250)
Net current assets (liabilities)		(2,111)	(3,885)
Total assets less current liabilities		2,889	16,756
Creditors: amounts falling due after more than one year	3	-	(4,223)
Provisions for liabilities		(1,000)	(4,128)
Total net assets (liabilities)		1,889	8,405
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		889	7,405
Shareholders' funds		1,889	8,405

For the year ending 30 April 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 19 January 2017

And signed on their behalf by:
Mr AK Pickup, Director

A & J PICKUP LIMITED Registered Number 04735634

Notes to the Abbreviated Accounts for the period ended 30 April 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 January 2015.

Turnover policy
Turnover represents amounts receivable for fabrication work undertaken during the year net of VAT.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:
Equipment - 25% reducing balance
Motor vehicles - 25% reducing balance

Other accounting policies
Leasing and hire purchase commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

2Tangible fixed assets

	£
Cost
At 1 May 2015	59,805
Additions	-
Disposals	(19,461)
Revaluations	-
Transfers	-
At 30 April 2016	40,344
Depreciation
At 1 May 2015	39,164
Charge for the year	1,667
On disposals	(5,487)
At 30 April 2016	35,344
Net book values
At 30 April 2016	5,000
At 30 April 2015	20,641

3Creditors

	2016 £	2015 £
Secured Debts	-	8,668

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000