A & R SURFACE FINISHERS LIMITED

Company Registration Number:
04774897 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 June 2015

End date: 31 May 2016

A & R SURFACE FINISHERS LIMITED

Abbreviated Balance sheet

As at 31 May 2016


Notes

2016
£

2015
£
Fixed assets
Tangible assets: 2 3,724 4,965
Total fixed assets: 3,724 4,965
Current assets
Stocks: 18,125 17,365
Debtors: 80,683 70,701
Cash at bank and in hand: 5,217 5,213
Total current assets: 104,025 93,279
Creditors: amounts falling due within one year: ( 77,287 ) ( 65,050 )
Net current assets (liabilities): 26,738 28,229
Total assets less current liabilities: 30,462 33,194
Total net assets (liabilities): 30,462 33,194

The notes form part of these financial statements

A & R SURFACE FINISHERS LIMITED

Balance sheet continued

As at 31 May 2016


Notes

2016
£

2015
£
Capital and reserves
Called up share capital: 3 202 202
Profit and loss account: 30,260 32,992
Shareholders funds: 30,462 33,194

For the year ending 31 May 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.

The financial statements were approved by the Board of Directors on 30 January 2017

SIGNED ON BEHALF OF THE BOARD BY:

Name: Richard Hulls
Status: Director

The notes form part of these financial statements

A & R SURFACE FINISHERS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The Financial Statements have been prepared under the historical cost convention and in accordance with the Financial Reporting standards of Smaller Entities (effective 2006).

    Turnover policy

    Turnover represents the total Invoice value, excluding value added tax, of sales made in the year.

    Tangible fixed assets depreciation policy

    Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over it's expected useful life, as follows:
    Plant and machinery 25% reducing balance
    Office equipment 25% straight line
    Furniture and fixtures 25% reducing balance
    Motor vehicles 25% straight line

A & R SURFACE FINISHERS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 2. Tangible assets

    Total
    Cost £
    01 June 2015: 46,770
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 May 2016: 46,770
    Depreciation
    01 June 2015: 41,805
    Charge for year: 1,241
    On disposals: 0
    Other adjustments: 0
    31 May 2016: 43,046
    Net book value
    31 May 2016: 3,724
    31 May 2015: 4,965

A & R SURFACE FINISHERS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 May 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 202 1.00 202
    Preference shares: 0
    Total share capital (£): 202
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 202 1.00 202
    Preference shares: 0
    Total share capital (£): 202