Abbreviated Company Accounts - A & O DEVELOPMENTS LIMITED

SC232688 A & O DEVELOPMENTS LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true SC232688 2015-07-01 2016-06-30 SC232688 2016-06-30 SC232688 2015-06-30 SC232688 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 SC232688 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number SC232688

A & O DEVELOPMENTS LIMITED

Abbreviated Accounts

30 June 2016

A & O DEVELOPMENTS LIMITED Registered Number SC232688

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	22,771	25,334
		22,771	25,334
Current assets
Stocks		191,676	191,676
Debtors		4,146	5,960
Cash at bank and in hand		18,347	4,330
		214,169	201,966
Creditors: amounts falling due within one year		(227,790)	(217,130)
Net current assets (liabilities)		(13,621)	(15,164)
Total assets less current liabilities		9,150	10,170
Total net assets (liabilities)		9,150	10,170
Capital and reserves
Called up share capital	3	1,000	1,000
Share premium account		9,000	9,000
Profit and loss account		(850)	170
Shareholders' funds		9,150	10,170

For the year ending 30 June 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 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 31 March 2017

And signed on their behalf by:
Mr O Webster, Director

A & O DEVELOPMENTS LIMITED Registered Number SC232688

Notes to the Abbreviated Accounts for the period ended 30 June 2016

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Motor Vehicles - 25%
Equipment - 25%

Other accounting policies
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

2Tangible fixed assets

	£
Cost
At 1 July 2015	66,223
Additions	5,800
Disposals	(9,550)
Revaluations	-
Transfers	-
At 30 June 2016	62,473
Depreciation
At 1 July 2015	40,889
Charge for the year	5,723
On disposals	(6,910)
At 30 June 2016	39,702
Net book values
At 30 June 2016	22,771
At 30 June 2015	25,334

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000