A & Z Accounting Services Limited - Limited company - abbreviated

REGISTERED NUMBER: 05746738 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

A & Z Accounting Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs C Jackson

REGISTERED OFFICE:

15 Kempton Road

Mansfield

Nottinghamshire

NG18 3FG

REGISTERED NUMBER:

05746738 (England and Wales)

FIXED ASSETS

Intangible assets

2

8,431

10,958

Tangible assets

3

3,084

2,549

11,515

13,507

CURRENT ASSETS

Stocks

4,308

3,726

Debtors

16,594

22,956

Prepayments and accrued income

2,300

2,198

Cash at bank and in hand

6,587

7,037

29,789

35,917

CREDITORS

Amounts falling due within one year

6,872

9,283

NET CURRENT ASSETS

22,917

26,634

TOTAL ASSETS LESS CURRENT
LIABILITIES

34,432

40,141

PROVISIONS FOR LIABILITIES

-

466

NET ASSETS

34,432

39,675

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

34,431

39,674

SHAREHOLDERS' FUNDS

34,432

39,675

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 6 December 2016 and were signed by:

Mrs C Jackson - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

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 etc

-

33% on reducing balance and 15% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

25,272

AMORTISATION

At 1 April 2015

14,314

Amortisation for year

2,527

At 31 March 2016

16,841

NET BOOK VALUE

At 31 March 2016

8,431

At 31 March 2015

10,958

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

4,615

Additions

1,376

At 31 March 2016

5,991

DEPRECIATION

At 1 April 2015

2,066

Charge for year

841

At 31 March 2016

2,907

NET BOOK VALUE

At 31 March 2016

3,084

At 31 March 2015

2,549

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1