A_&_R_COMMERCIALS_(SALES_

A & R COMMERCIALS (SALES & HIRE) LIMITED

CONTENTS

Page

Abbreviated balance sheet

1

Notes to the abbreviated accounts

2 - 3

A & R COMMERCIALS (SALES & HIRE) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2014

- 1 -

2014

2013

Notes

£

Fixed assets

Tangible assets

2

-

995

Current assets

Stocks

-

4,220

Cash at bank and in hand

90

414

90

4,634

Creditors: amounts falling due within one year

(55,299)

(60,343)

Net current liabilities

(55,209)

(55,709)

Total assets less current liabilities

(55,209)

(54,714)

Capital and reserves

Called up share capital

3

2

Profit and loss account

(55,211)

(54,716)

Shareholders' funds

(55,209)

(54,714)

For the financial year ended 30 April 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

-

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

-

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 2 October 2014

Mr M Webster

Director

Company Registration No. 04748966

A & R COMMERCIALS (SALES & HIRE) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2014

- 2 -

1

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The company is considered to be a going concern as it has the continued support of the director.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

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:

Plant and machinery

15% on reducing balance

Fixtures, fittings & equipment

25% on reducing balance

Motor vehicles

25% on reducing balance

2

Fixed assets

Tangible assets

£

Cost

At 1 May 2013

12,119

Disposals

(12,119)

At 30 April 2014

-

Depreciation

At 1 May 2013

11,124

On disposals

(11,124)

At 30 April 2014

-

Net book value

At 30 April 2014

-

At 30 April 2013

995

A & R COMMERCIALS (SALES & HIRE) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2014

- 3 -

3

Share capital

2014

2013

£

Allotted, called up and fully paid

2 Ordinary of £1 each

2