REGISTERED NUMBER: SC228639 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

A & G Robbie Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A Robbie

G Robbie

SECRETARY:

A Robbie

REGISTERED OFFICE:

Lorien Cottage, Church Road

Luthermuir

Laurencekirk

AB30 1YS

REGISTERED NUMBER:

SC228639 (Scotland)

ACCOUNTANTS:

MMG Archbold

Chartered Accountants

182 High Street

Montrose

ANGUS

DD10 8PH

BANKERS:

Bank of Scotland

High Street

Montrose

DD10 8LT

FIXED ASSETS

Intangible assets

2

18,805

18,805

Tangible assets

3

34,244

36,189

53,049

54,994

CURRENT ASSETS

Stocks

72,450

89,750

Debtors

95,200

105,889

Cash at bank

74,937

69,306

242,587

264,945

CREDITORS

Amounts falling due within one year

169,134

174,192

NET CURRENT ASSETS

73,453

90,753

TOTAL ASSETS LESS CURRENT LIABILITIES

126,502

145,747

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

126,500

145,745

SHAREHOLDERS' FUNDS

126,502

145,747

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 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 25 January 2017 and were signed on its behalf by:

A Robbie - Director

G Robbie - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The directors have a reasonable expectation that the company has adequate resources to continue in

operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of

accounting in preparing the annual financial statements.

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 and profit on ordinary activities before taxation are attributable to joinery and contractual work.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

Contracts for services

Where the substance of a contract is that the contractual obligations are performed gradually over time,

revenue is recognised as contract activity progresses to reflect the partial performance of our contractual

obligations. The amount of revenue included reflects the accrual of the right to consideration as contract

activity progresses by reference to value of the work performed.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

18,805

NET BOOK VALUE

At 31 March 2016

18,805

At 31 March 2015

18,805

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

63,210

DEPRECIATION

At 1 April 2015

27,021

Charge for year

1,945

At 31 March 2016

28,966

NET BOOK VALUE

At 31 March 2016

34,244

At 31 March 2015

36,189

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2

Ordinary shares

£1

2

2