A & V Duriez Limited - Limited company - abbreviated

REGISTERED NUMBER: 04594884 (England and Wales)

Abbreviated Accounts For The Year Ended 31st January 2016

for

A & V Duriez Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A R Duriez

Mrs V A Duriez

SECRETARY:

Mrs V A Duriez

REGISTERED OFFICE:

64 High Street

Belper

Derbyshire

DE56 1GF

REGISTERED NUMBER:

04594884 (England and Wales)

ACCOUNTANTS:

L& S Accountancy Services

64 High Street

Belper

Derbyshire

DE56 1GF

FIXED ASSETS

Tangible assets

2

-

9,700

CURRENT ASSETS

Stocks

-

7,590

Debtors

39,847

19,858

Cash at bank and in hand

24,589

6,480

64,436

33,928

CREDITORS

Amounts falling due within one year

20,443

28,338

NET CURRENT ASSETS

43,993

5,590

TOTAL ASSETS LESS CURRENT
LIABILITIES

43,993

15,290

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

43,991

15,288

SHAREHOLDERS' FUNDS

43,993

15,290

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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 25th February 2016 and were signed on its behalf
by:

A R Duriez - 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 April 2008).

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.

Fixtures and fittings

-

15% on cost

Computer equipment

-

33% on cost

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st February 2015

27,376

Disposals

(27,376

)

At 31st January 2016

-

DEPRECIATION

At 1st February 2015

17,676

Eliminated on disposal

(17,676

)

At 31st January 2016

-

NET BOOK VALUE

At 31st January 2016

-

At 31st January 2015

9,700

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st January 2016 and

31st January 2015:

2016

2015

£

A R Duriez and Mrs V A Duriez

Balance outstanding at start of year

5,121

1,768

Amounts advanced

30,816

3,353

Amounts repaid

-

Balance outstanding at end of year

35,937

5,121

5.	ULTIMATE CONTROLLING PARTY

The company is not controlled by any one party as no owns more than 50% of the issued ordinary share capital.