Abbreviated Company Accounts - ABBEYDALE MACHINE & TOOL COMPANY LTD.

06966037 ABBEYDALE MACHINE & TOOL COMPANY LTD. 2016-07-31 false 2015-08-01 2016-07-31 true 06966037 2015-08-01 2016-07-31 06966037 2016-07-31 06966037 2015-07-31 06966037 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 06966037 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 06966037

ABBEYDALE MACHINE & TOOL COMPANY LTD.

Abbreviated Accounts

31 July 2016

ABBEYDALE MACHINE & TOOL COMPANY LTD. Registered Number 06966037

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	5,085	2,531
		5,085	2,531
Current assets
Debtors		11,250	9,676
Cash at bank and in hand		1,764	1,155
		13,014	10,831
Creditors: amounts falling due within one year		(6,670)	(5,620)
Net current assets (liabilities)		6,344	5,211
Total assets less current liabilities		11,429	7,742
Creditors: amounts falling due after more than one year		(9,274)	(6,104)
Total net assets (liabilities)		2,155	1,638
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		2,154	1,637
Shareholders' funds		2,155	1,638

For the year ending 31 July 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 4 April 2017

And signed on their behalf by:
Mr Edward Miller, Director

ABBEYDALE MACHINE & TOOL COMPANY LTD. Registered Number 06966037

Notes to the Abbreviated Accounts for the period ended 31 July 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 chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Plant and machinery 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 August 2015	8,000
Additions	4,250
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	12,250
Depreciation
At 1 August 2015	5,469
Charge for the year	1,696
On disposals	-
At 31 July 2016	7,165
Net book values
At 31 July 2016	5,085
At 31 July 2015	2,531

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

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1