Registered Number 00542712

A.& V.RUSSELL LIMITED

Micro-entity Accounts

31 December 2016

A.& V.RUSSELL LIMITED Registered Number 00542712

Micro-entity Balance Sheet as at 31 December 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 1 24,610 24,612
24,610 24,612
Current assets
Cash at bank and in hand 11,846 15,186
11,846 15,186
Creditors: amounts falling due within one year (28,874) (17,441)
Net current assets (liabilities) (17,028) (2,255)
Total assets less current liabilities 7,582 22,357
Total net assets (liabilities) 7,582 22,357
Capital and reserves
Called up share capital 90 90
Profit and loss account 7,492 22,267
Shareholders' funds 7,582 22,357
  • For the year ending 31 December 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 28 September 2017

And signed on their behalf by:
Mr J G Russell, Director

A.& V.RUSSELL LIMITED Registered Number 00542712

Notes to the Micro-entity Accounts for the period ended 31 December 2016

1Tangible fixed assets
£
Cost
At 1 January 2016 30,607
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2016 30,607
Depreciation
At 1 January 2016 5,995
Charge for the year 2
On disposals -
At 31 December 2016 5,997
Net book values
At 31 December 2016 24,610
At 31 December 2015 24,612

2Accounting 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.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Land and buildings - No depreciation provided
Fixtures,fittings and equipment - 25% of net book value