REGISTERED NUMBER: 04466136 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

A & P Starkey Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P B Starkey

A D Starkey

SECRETARY:

P B Starkey

REGISTERED OFFICE:

Seymour Chambers

92 London Road

Liverpool

Merseyside

L3 5NW

REGISTERED NUMBER:

04466136 (England and Wales)

ACCOUNTANTS:

Douglas Fairless Partnership

Chartered Certified Accountants

Seymour Chambers

92 London Road

Liverpool

Merseyside

L3 5NW

FIXED ASSETS

Intangible assets

2

45,000

52,500

Tangible assets

3

305,636

307,033

350,636

359,533

CURRENT ASSETS

Stocks

3,228

6,125

Debtors

768

2,915

Cash at bank

23,651

35,869

27,647

44,909

CREDITORS

Amounts falling due within one year

278,477

320,603

NET CURRENT LIABILITIES

(250,830

)

(275,694

)

TOTAL ASSETS LESS CURRENT LIABILITIES

99,806

83,839

PROVISIONS FOR LIABILITIES

10,722

10,722

NET ASSETS

89,084

73,117

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

89,082

73,115

SHAREHOLDERS' FUNDS

89,084

73,117

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 29 March 2017 and were signed on its behalf by:

P B Starkey - Director

A D Starkey - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Freehold property

-

not provided

Improvements to property

-

not provided

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

150,000

AMORTISATION

At 1 July 2015

97,500

Amortisation for year

7,500

At 30 June 2016

105,000

NET BOOK VALUE

At 30 June 2016

45,000

At 30 June 2015

52,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

355,112

Additions

1,643

At 30 June 2016

356,755

DEPRECIATION

At 1 July 2015

48,079

Charge for year

3,040

At 30 June 2016

51,119

NET BOOK VALUE

At 30 June 2016

305,636

At 30 June 2015

307,033

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

£

2

Ordinary

£1

2

2