AA Richmond Limited 07224396 false true 2015-03-21 2016-03-20 2016-03-20 07224396 2015-03-21 2016-03-20 07224396 2016-03-20 07224396 uk-bus:CompanySecretaryDirector 2015-03-21 2016-03-20 07224396 2015-03-20 07224396 2015-03-20 iso4217:GBP

Registration number: 07224396

AA Richmond Limited

Unaudited Abbreviated Accounts

Year Ended 20 March 2016
 

 

AA Richmond Limited
Contents
Year Ended 20 March 2016

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2 to 3

 

AA Richmond Limited
(Registration number: 07224396)
Abbreviated Balance Sheet at 20 March 2016

   

Note

   

2016
£

   

Restated
2015
£

 

Fixed assets

 

             

Investments

 

2

   

610,865

   

610,865

 

Current assets

 

             

Debtors

 

   

56,856

   

-

 

Cash at bank and in hand

 

   

68,420

   

242,913

 
   

   

125,276

   

242,913

 

Creditors: Amounts falling due within one year

 

   

(43,940)

   

(68,572)

 

Net current assets

 

   

81,336

   

174,341

 

Net assets

 

   

692,201

   

785,206

 

Capital and reserves

 

             

Called up share capital

 

3

   

990

   

990

 

Profit and loss account

 

   

691,211

   

784,216

 

Shareholders' funds

 

   

692,201

   

785,206

 

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

For the year ending 20 March 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 director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved by the director on 14 December 2016

.........................................
A Richmond
Company secretary and director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

 

AA Richmond Limited
Notes to the Abbreviated Accounts
Year Ended 20 March 2016

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Income is recognised in the accounts in the period to which it relates on an accruals basis. Income from the LLP of which the company is a member is recognised in the period to which the LLP allocates the income.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

End of note

 

AA Richmond Limited
Notes to the Abbreviated Accounts
Year Ended 20 March 2016

2

Fixed assets

   

Investments
£

   

Total
£

 

Cost

           

At 21 March 2015 (restated)

 

610,865

   

610,865

 

At 20 March 2016

 

610,865

   

610,865

 

Depreciation

           

At 20 March 2016

 

-

   

-

 

Net book value

           

At 20 March 2016

 

610,865

   

610,865

 

At 20 March 2015

 

610,865

   

610,865

 

End of note

3

Share capital

Allotted, called up and fully paid shares

 

2016

 

2015

 
   

No.

   

£

   

No.

   

£

 

Ordinary share capital of £1 each

 

990

   

990

   

990

   

990

                         

End of note

4

Prior period adjustments

The prior period adjustment relates to a restatement of £569,881 of investments held at 20 March 2015 from 'tangible assets' and £40,984 from 'other debtors' to 'investments held as fixed assets.' The adjustment had no impact on the profit and loss account.

End of note