REGISTERED NUMBER: 07286929 (England and Wales)

Abbreviated Accounts

for the Year Ended 30 June 2016

for

A & F Flooring (Teeside) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A P Waite

S Waite

SECRETARY:

J Waite

REGISTERED OFFICE:

101A High Street

STOCKTON ON TEES

TS18 1BD

REGISTERED NUMBER:

07286929 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

140 Coniscliffe Road

DARLINGTON

Co Durham

DL3 7RT

CURRENT ASSETS

Stocks

12,412

9,967

Debtors

10,161

6,594

Cash at bank and in hand

26,122

38,037

48,695

54,598

CREDITORS

Amounts falling due within one year

41,276

51,705

NET CURRENT ASSETS

7,419

2,893

TOTAL ASSETS LESS CURRENT LIABILITIES

7,419

2,893

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

7,319

2,793

SHAREHOLDERS' FUNDS

7,419

2,893

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 18 October 2016 and were signed on its behalf by:

A P Waite - 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 January 2015).

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.

Fixtures and fittings 25% on cost

Computer equipment 25% 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.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

10,533

DEPRECIATION

At 1 July 2015

and 30 June 2016

10,533

NET BOOK VALUE

At 30 June 2016

-

At 30 June 2015

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2016 and

30 June 2015:

2016

2015

£

£

A P Waite

Balance outstanding at start of year

398

594

Amounts advanced

1,884

1,494

Amounts repaid

(1,064

)

(1,690

)

Balance outstanding at end of year

1,218

398

The balance on A P Waite's director's current account has been repaid subsequent to the year end.