Registered Number 00542712

A.& V.RUSSELL LIMITED

Abbreviated Accounts

31 December 2015

A.& V.RUSSELL LIMITED Registered Number 00542712

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 24,612 24,613
24,612 24,613
Current assets
Cash at bank and in hand 15,186 16,493
15,186 16,493
Creditors: amounts falling due within one year (17,441) (15,324)
Net current assets (liabilities) (2,255) 1,169
Total assets less current liabilities 22,357 25,782
Total net assets (liabilities) 22,357 25,782
Capital and reserves
Called up share capital 90 90
Profit and loss account 22,267 25,692
Shareholders' funds 22,357 25,782
  • For the year ending 31 December 2015 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 28 September 2016

And signed on their behalf by:
V M RUSSELL, Director

A.& V.RUSSELL LIMITED Registered Number 00542712

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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 the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Land and building - No depreciation provided
Fixtures, fittings and equipment - 25% of net book value

2Tangible fixed assets
£
Cost
At 1 January 2015 30,607
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2015 30,607
Depreciation
At 1 January 2015 5,994
Charge for the year 1
On disposals -
At 31 December 2015 5,995
Net book values
At 31 December 2015 24,612
At 31 December 2014 24,613