REGISTERED NUMBER: 05413243 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

1 APRIL 2015 TO 30 MARCH 2016

FOR

A & G UTTOXETER LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A Walkman

G J Fenton

SECRETARY:

A Walkman

REGISTERED OFFICE:

The Black Swan Public House

4 Market Street

Uttoxeter

Staffordshire

ST14 8JA

REGISTERED NUMBER:

05413243 (England and Wales)

ACCOUNTANTS:

Howards Limited

Chartered Certified Accountants

Newport House

Newport Road

Stafford

Staffordshire

ST16 1DA

FIXED ASSETS

Tangible assets

2

23,222

8,007

CURRENT ASSETS

Stocks

28,478

20,176

Debtors

3

52,125

54,110

Cash at bank and in hand

7,285

4,585

87,888

78,871

CREDITORS

Amounts falling due within one year

(58,194

)

(39,627

)

NET CURRENT ASSETS

29,694

39,244

TOTAL ASSETS LESS CURRENT LIABILITIES

52,916

47,251

CREDITORS

Amounts falling due after more than one year

(13,753

)

-

NET ASSETS

39,163

47,251

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

39,063

47,151

SHAREHOLDERS' FUNDS

39,163

47,251

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 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 20 March 2017 and were signed on its behalf by:

A Walkman - Director

G J Fenton - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared in accordance with the special provisions of Part 15 of the

Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities

(effective January 2015).

Accounting convention

The financial statements have been prepared under the historical cost convention and are in accordance with

applicable accounting standards.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

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

-

25% 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.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

17,315

Additions

22,958

At 30 March 2016

40,273

DEPRECIATION

At 1 April 2015

9,308

Charge for period

7,743

At 30 March 2016

17,051

NET BOOK VALUE

At 30 March 2016

23,222

At 31 March 2015

8,007

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 5,838

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1.00

100

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 March 2016 and the year

ended 31 March 2015:

2016

2015

£

£

A Walkman and G J Fenton

Balance outstanding at start of period

40,857

4,251

Amounts advanced

44,540

41,106

Amounts repaid

(70,438

)

(4,500

)

Balance outstanding at end of period

14,959

40,857

6.	ULTIMATE CONTROLLING PARTY

Throughout the current year, Mr A Walkman & Mr G Fenton, both directors, have controlled the company jointly,

by virtue of each holding 50% of the issued ordinary share capital.