Registered Number 05878718

A & S PLUMBING & HEATING SUPPLIES LTD

Abbreviated Accounts

30 April 2016

A & S PLUMBING & HEATING SUPPLIES LTD Registered Number 05878718

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 12,005 15,461
12,005 15,461
Current assets
Stocks 83,980 79,684
Debtors 139,962 99,713
Cash at bank and in hand 122,973 148,642
346,915 328,039
Creditors: amounts falling due within one year (98,308) (83,287)
Net current assets (liabilities) 248,607 244,752
Total assets less current liabilities 260,612 260,213
Creditors: amounts falling due after more than one year (339) (969)
Provisions for liabilities (2,401) (2,719)
Total net assets (liabilities) 257,872 256,525
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 257,870 256,523
Shareholders' funds 257,872 256,525
  • For the year ending 30 April 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 7 September 2016

And signed on their behalf by:
A J Wilkes, Director

A & S PLUMBING & HEATING SUPPLIES LTD Registered Number 05878718

Notes to the Abbreviated Accounts for the period ended 30 April 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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off the assets over their estimated useful lives.

Plant & Machinery - 25% on reducing balance

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

The company operates a defined contribution pension scheme. Contributions payable to the companies pension scheme are charged to the profit and loss in the period in which they relate.

2Tangible fixed assets
£
Cost
At 1 May 2015 34,343
Additions 410
Disposals -
Revaluations -
Transfers -
At 30 April 2016 34,753
Depreciation
At 1 May 2015 18,882
Charge for the year 3,866
On disposals -
At 30 April 2016 22,748
Net book values
At 30 April 2016 12,005
At 30 April 2015 15,461
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
2 Ordinary shares of £1 each 2 2