Company Registration No. 06647245 (England and Wales)
A & J SERVICES 1986 LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
A & J SERVICES 1986 LIMITED
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
A & J SERVICES 1986 LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2016
30 September 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Intangible assets
2
4,000
6,000
Tangible assets
2
5,812
7,473
9,812
13,473
Current assets
Stocks
3,184
2,350
Debtors
98,969
147,277
Cash at bank and in hand
68,752
53,471
170,905
203,098
Creditors: amounts falling due within one year
(87,967)
(106,527)
Net current assets
82,938
96,571
Total assets less current liabilities
92,750
110,044
Provisions for liabilities
(1,138)
(1,406)
91,612
108,638
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
91,512
108,538
Shareholders' funds
91,612
108,638
A & J SERVICES 1986 LIMITED
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2016
30 September 2016
- 2 -
For the financial year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their 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 22 May 2017
Mr A Hicks
Director
Company Registration No. 06647245
A & J SERVICES 1986 LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 3 -
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 January 2015).
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
Goodwill
G oodwill , being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years .oodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.
1.5
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% reducing balance
Computer equipment
25% reducing balance
Motor vehicles
25% reducing balance
1.6
Stock and work in progress
Stock and work in progress are valued at the lower of cost and net realisable value.
1.7
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
A & J SERVICES 1986 LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2016
- 4 -
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 October 2015 & at 30 September 2016
20,000
14,468
34,468
Depreciation
At 1 October 2015
14,000
6,995
20,995
Charge for the year
2,000
1,661
3,661
At 30 September 2016
16,000
8,656
24,656
Net book value
At 30 September 2016
4,000
5,812
9,812
At 30 September 2015
6,000
7,473
13,473
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary of £1 each
100
100