Registered Number 04715488

A & M CARPETS LTD

Abbreviated Accounts

30 June 2016

A & M CARPETS LTD Registered Number 04715488

Abbreviated Balance Sheet as at 30 June 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 2,902 3,149
2,902 3,149
Current assets
Stocks 13,099 19,052
Debtors 8,154 12,208
Cash at bank and in hand 3,103 453
24,356 31,713
Creditors: amounts falling due within one year (26,449) (27,998)
Net current assets (liabilities) (2,093) 3,715
Total assets less current liabilities 809 6,864
Total net assets (liabilities) 809 6,864
Capital and reserves
Called up share capital 100 100
Profit and loss account 709 6,764
Shareholders' funds 809 6,864
  • For the year ending 30 June 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 6 January 2017

And signed on their behalf by:
J. Shinn, Director

A & M CARPETS LTD Registered Number 04715488

Notes to the Abbreviated Accounts for the period ended 30 June 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.

2Tangible fixed assets
£
Cost
At 1 July 2015 25,786
Additions 716
Disposals (46)
Revaluations -
Transfers -
At 30 June 2016 26,456
Depreciation
At 1 July 2015 22,637
Charge for the year 917
On disposals -
At 30 June 2016 23,554
Net book values
At 30 June 2016 2,902
At 30 June 2015 3,149