REGISTERED NUMBER: 05531792

Abbreviated Unaudited Accounts for the Year Ended 31st August 2016

for

A & L Vehicle Recycling Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr A A Brown

Mr L W Peacock

SECRETARY:

Mr A A Brown

REGISTERED OFFICE:

Adeilad St David's Building

Stryd Lombard Street

Portmadog

Gwynedd

LL49 9AP

REGISTERED NUMBER:

05531792

ACCOUNTANTS:

Dunn & Ellis Cyf

Chartered Accountants

Adeilad St David's Building

Stryd Lombard Street

Porthmadog

Gwynedd

LL49 9AP

FIXED ASSETS

Tangible assets

2

102,434

110,719

CURRENT ASSETS

Debtors

31,738

7,855

Cash at bank

14,561

21,258

46,299

29,113

CREDITORS

Amounts falling due within one year

81,312

52,172

NET CURRENT LIABILITIES

(35,013

)

(23,059

)

TOTAL ASSETS LESS CURRENT LIABILITIES

67,421

87,660

CREDITORS

Amounts falling due after more than one year

(43,393

)

(54,698

)

PROVISIONS FOR LIABILITIES

(19,932

)

(21,466

)

NET ASSETS

4,096

11,496

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

3,996

11,396

SHAREHOLDERS' FUNDS

4,096

11,496

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 28th March 2017 and were signed on its behalf by:

Mr A A Brown - 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:

Plant & machinery - 10% reducing balance

Computer equipment - 20% reducing balance

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st September 2015

177,743

Additions

3,159

At 31st August 2016

180,902

DEPRECIATION

At 1st September 2015

67,024

Charge for year

11,444

At 31st August 2016

78,468

NET BOOK VALUE

At 31st August 2016

102,434

At 31st August 2015

110,719

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The Directors loan account was in credit throughout the year.