REGISTERED NUMBER: 01817863

Abbreviated Unaudited Accounts

For The Year Ended 31 January 2013

for

A&J Sectional Buildings Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J W Souster

Mrs A Souster

J S Souster

J P Souster

R Pearce

B R Masters

A Sharp

SECRETARY:

Mrs A J Souster

REGISTERED OFFICE:

11 - 13 Edmonds Close

Denington Ind Est

Wellingborough

Northamptonshire

NN8 2QY

REGISTERED NUMBER:

01817863

ACCOUNTANTS:

McShane Wright

Chartered Certified Accountants

2 College Street

Higham Ferrers

Northamptonshire

NN10 8DZ

BANKERS:

Lloyds TSB Plc

George Row

Northampton

Northamptonshire

NN1 1DJ

FIXED ASSETS

Tangible assets

2

724,329

738,951

CURRENT ASSETS

Stocks

167,541

130,964

Debtors

84,155

87,760

Cash at bank and in hand

82,513

93,312

334,209

312,036

CREDITORS

Amounts falling due within one year

3

285,606

308,495

NET CURRENT ASSETS

48,603

3,541

TOTAL ASSETS LESS CURRENT LIABILITIES

772,932

742,492

CREDITORS

Amounts falling due after more than one year

3

376,307

420,318

NET ASSETS

396,625

322,174

CAPITAL AND RESERVES

Called up share capital

4

20,000

20,000

Revaluation reserve

166,623

170,365

Profit and loss account

210,002

131,809

SHAREHOLDERS' FUNDS

396,625

322,174

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2013 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 28 March 2013 and were signed on its behalf by:

J W Souster - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on cost

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 February 2012

1,425,104

Additions

40,338

Disposals

(21,398

)

At 31 January 2013

1,444,044

DEPRECIATION

At 1 February 2012

686,153

Charge for year

47,827

Eliminated on disposal

(14,265

)

At 31 January 2013

719,715

NET BOOK VALUE

At 31 January 2013

724,329

At 31 January 2012

738,951

3.

CREDITORS

Creditors include an amount of £ 420,519 (2012 - £ 468,923 ) for which security has been given.

They also include the following debts falling due in more than five years:

2013

2012

£

£

Repayable by instalments

183,258

229,640

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

10,000

Ordinary

£1

10,000

10,000

10,000

Ordinary Non Voting

£1

10,000

10,000

20,000

20,000

The non voting ordinary shares do not carry voting rights. In all other respects they rank equally with the

ordinary sharers.