REGISTERED NUMBER: 06783622 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2016

FOR

A A FORD & SON LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A J Oldham

REGISTERED OFFICE:

Garages

Rear 17 Camden Street

Derby

Derbyshire

DE22 3NR

REGISTERED NUMBER:

06783622 (England and Wales)

ACCOUNTANTS:

Barringtons Limited

Chartered Accountants

570-572 Etruria

Road, Basford

Newcastle

Staffordshire

ST5 0SU

FIXED ASSETS

Tangible assets

2

5,657

3,944

CURRENT ASSETS

Stocks

1,800

1,800

Debtors

247,059

133,400

Cash at bank

10,583

4,431

259,442

139,631

CREDITORS

Amounts falling due within one year

134,163

101,426

NET CURRENT ASSETS

125,279

38,205

TOTAL ASSETS LESS CURRENT LIABILITIES

130,936

42,149

PROVISIONS FOR LIABILITIES

585

-

NET ASSETS

130,351

42,149

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

130,251

42,049

SHAREHOLDERS' FUNDS

130,351

42,149

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 28 October 2016 and were signed by:

A J Oldham - 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 and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

11,952

Additions

2,539

At 31 January 2016

14,491

DEPRECIATION

At 1 February 2015

8,008

Charge for year

826

At 31 January 2016

8,834

NET BOOK VALUE

At 31 January 2016

5,657

At 31 January 2015

3,944

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2016 and

31 January 2015:

2016

2015

£

£

A J Oldham

Balance outstanding at start of year

66,485

73,611

Amounts advanced

165,499

83,823

Amounts repaid

(61,075

)

(90,949

)

Balance outstanding at end of year

170,909

66,485