REGISTERED NUMBER: 04075339 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

A & E Clarkson Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr A Clarkson

Mrs EM Clarkson

SECRETARY:

Mrs EM Clarkson

REGISTERED OFFICE:

Cock Hall Farm

Thurnham

Lancaster

Lancashire

LA2 0DT

REGISTERED NUMBER:

04075339 (England and Wales)

ACCOUNTANTS:

Towers + Gornall Ltd

Chartered Certified Accountants

Abacus House

The Ropewalk

Garstang

Preston

Lancashire

PR3 1NS

FIXED ASSETS

Tangible assets

2

463,305

462,882

CURRENT ASSETS

Stocks

179,880

171,240

Debtors

17,620

9,947

197,500

181,187

CREDITORS

Amounts falling due within one year

52,603

39,371

NET CURRENT ASSETS

144,897

141,816

TOTAL ASSETS LESS CURRENT LIABILITIES

608,202

604,698

CREDITORS

Amounts falling due after more than one year

(32,272

)

(35,473

)

PROVISIONS FOR LIABILITIES

(12,796

)

(12,908

)

NET ASSETS

563,134

556,317

CAPITAL AND RESERVES

Called up share capital

3

384,327

384,327

Profit and loss account

178,807

171,990

SHAREHOLDERS' FUNDS

563,134

556,317

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 28 February 2014 and were signed on its behalf by:

Mrs EM Clarkson - 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 April 2008).

Turnover

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

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

-

10% on cost

Plant and machinery

-

15% on reducing balance

Tractors

-

15% on reducing balance

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

536,570

Additions

19,620

Disposals

(1,830

)

At 31 December 2013

554,360

DEPRECIATION

At 1 January 2013

73,688

Charge for year

17,642

Eliminated on disposal

(275

)

At 31 December 2013

91,055

NET BOOK VALUE

At 31 December 2013

463,305

At 31 December 2012

462,882

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

384,327

Ordinary

1

384,327

384,327

4.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr & Mrs Clarkson.