Registered Number 04275327

A & I TRADING LIMITED

Abbreviated Accounts

30 September 2013

A & I TRADING LIMITED Registered Number 04275327

Abbreviated Balance Sheet as at 30 September 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 265 1
265 1
Current assets
Stocks 10,184 8,159
Debtors 452 598
Cash at bank and in hand 11,618 13,130
22,254 21,887
Creditors: amounts falling due within one year (18,818) (15,857)
Net current assets (liabilities) 3,436 6,030
Total assets less current liabilities 3,701 6,031
Total net assets (liabilities) 3,701 6,031
Capital and reserves
Called up share capital 11,100 11,100
Profit and loss account (7,399) (5,069)
Shareholders' funds 3,701 6,031
  • For the year ending 30 September 2013 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 23 May 2014

And signed on their behalf by:
A R Begg, Director
I H R Begg, Director

A & I TRADING LIMITED Registered Number 04275327

Notes to the Abbreviated Accounts for the period ended 30 September 2013

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 sales, excluding Value Added Tax, of services and supples during the year.

Tangible assets depreciation policy
Depreciation is provided on all tangible assets in order to write off their cost, less estimated residual vale, by instalments over their expected useful lives.

Valuation information and policy
Stock is valued by the directors at cost.

2Tangible fixed assets
£
Cost
At 1 October 2012 1,105
Additions 396
Disposals -
Revaluations -
Transfers -
At 30 September 2013 1,501
Depreciation
At 1 October 2012 1,104
Charge for the year 132
On disposals -
At 30 September 2013 1,236
Net book values
At 30 September 2013 265
At 30 September 2012 1