Registered Number 05552840

A & J KITCHENS & BATHROOMS LIMITED

Abbreviated Accounts

30 September 2016

A & J KITCHENS & BATHROOMS LIMITED Registered Number 05552840

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 4,500 5,000
Tangible assets 3 16,306 15,855
20,806 20,855
Current assets
Stocks 10,176 10,764
Debtors 13,968 11,295
Cash at bank and in hand 108,485 110,867
132,629 132,926
Creditors: amounts falling due within one year (87,812) (84,499)
Net current assets (liabilities) 44,817 48,427
Total assets less current liabilities 65,623 69,282
Provisions for liabilities (3,261) (3,171)
Total net assets (liabilities) 62,362 66,111
Capital and reserves
Called up share capital 4 101 100
Profit and loss account 62,261 66,011
Shareholders' funds 62,362 66,111
  • For the year ending 30 September 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.

Approved by the Board on 21 March 2017

And signed on their behalf by:
Mrs A B Pritchard, Director

A & J KITCHENS & BATHROOMS LIMITED Registered Number 05552840

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
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:
Computer equipment 15%
Fixtures, Fittings & Equipment 15%
Motor Vehicles 25%

2Intangible fixed assets
£
Cost
At 1 October 2015 10,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 September 2016 10,000
Amortisation
At 1 October 2015 5,000
Charge for the year 500
On disposals -
At 30 September 2016 5,500
Net book values
At 30 September 2016 4,500
At 30 September 2015 5,000
3Tangible fixed assets
£
Cost
At 1 October 2015 40,949
Additions 4,473
Disposals (212)
Revaluations -
Transfers -
At 30 September 2016 45,210
Depreciation
At 1 October 2015 25,094
Charge for the year 3,842
On disposals (32)
At 30 September 2016 28,904
Net book values
At 30 September 2016 16,306
At 30 September 2015 15,855
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 Ordinary shares of £1 each 100 100
1 B Ordinary shares of £1 each (0 shares for 2015) 1 0