Abbreviated Company Accounts - ASLES (TOOL HIRE AND SALES) LTD.

02793843 ASLES (TOOL HIRE AND SALES) LTD. 2013-03-31 false 2012-04-01 2013-03-31 true 02793843 2012-04-01 2013-03-31 02793843 2013-03-31 02793843 2012-03-31 02793843 uk-gaap-cd-bus:Director1 2012-04-01 2013-03-31 02793843 uk-gaap-cd-bus:Director2 2012-04-01 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-04-01 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-03-31 iso4217:GBP shares

Registered Number 02793843

ASLES (TOOL HIRE AND SALES) LTD.

Abbreviated Accounts

31 March 2013

ASLES (TOOL HIRE AND SALES) LTD. Registered Number 02793843

Abbreviated Balance Sheet as at 31 March 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	225,978	265,771
		225,978	265,771
Current assets
Stocks		12,630	12,776
Debtors		98,143	77,936
Investments		88,592	51,255
		199,365	141,967
Creditors: amounts falling due within one year		(23,774)	(29,718)
Net current assets (liabilities)		175,591	112,249
Total assets less current liabilities		401,569	378,020
Provisions for liabilities		(13,320)	(14,034)
Total net assets (liabilities)		388,249	363,986
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		388,149	363,886
Shareholders' funds		388,249	363,986

For the year ending 31 March 2013 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 31 July 2013

And signed on their behalf by:
ALISON P CLARE, Director

ASLES (TOOL HIRE AND SALES) LTD. Registered Number 02793843

Notes to the Abbreviated Accounts for the period ended 31 March 2013

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Freehold - straight line over 50 years
Plant & machinery - 20% reducing balance basis
Fixtures & fittings - 20% reducing balance
Motor vehicles - 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2012	670,467
Additions	525
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2013	670,992
Depreciation
At 1 April 2012	404,696
Charge for the year	40,318
On disposals	-
At 31 March 2013	445,014
Net book values
At 31 March 2013	225,978
At 31 March 2012	265,771

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100