REGISTERED NUMBER: 05801992 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st May 2016

for

A & L Stewart Ltd.

Electrical Contractors

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTORS:

A Stewart

Mrs L Stewart

SECRETARY:

Mrs L Stewart

REGISTERED OFFICE:

Fieldfare

Forest Farm, Langrickgate Lane

East Cottingwith

York

East Yorkshire

YO42 4TA

REGISTERED NUMBER:

05801992 (England and Wales)

ACCOUNTANTS:

Pocklington Accountancy Ltd

First Floor

14 Market Place

Pocklington

York

East Yorkshire

YO42 2AR

FIXED ASSETS

Intangible assets

2

4,800

6,400

Tangible assets

3

11,363

13,702

16,163

20,102

CURRENT ASSETS

Stocks

1,608

3,879

Debtors

14,693

10,277

Cash in hand

45

45

16,346

14,201

CREDITORS

Amounts falling due within one year

4

37,751

37,188

NET CURRENT LIABILITIES

(21,405

)

(22,987

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,242

)

(2,885

)

CREDITORS

Amounts falling due after more than one year

3,661

6,084

NET LIABILITIES

(8,903

)

(8,969

)

CAPITAL AND RESERVES

Called up share capital

5

200

200

Profit and loss account

(9,103

)

(9,169

)

SHAREHOLDERS' FUNDS

(8,903

)

(8,969

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2016 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 31st January 2017 and were signed on its behalf by:

Mrs L Stewart - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2015

and 31st May 2016

8,000

AMORTISATION

At 1st June 2015

1,600

Amortisation for year

1,600

At 31st May 2016

3,200

NET BOOK VALUE

At 31st May 2016

4,800

At 31st May 2015

6,400

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st June 2015

and 31st May 2016

18,334

DEPRECIATION

At 1st June 2015

4,632

Charge for year

2,339

At 31st May 2016

6,971

NET BOOK VALUE

At 31st May 2016

11,363

At 31st May 2015

13,702

4.

CREDITORS

Creditors include an amount of £ 7,709 (2015 - £ 9,653 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

200

Ordinary

£1

200

200

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31st May 2016 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Pocklington Accountancy Ltd

First Floor

14 Market Place

Pocklington

York

East Yorkshire

YO42 2AR

31st January 2017