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REGISTERED NUMBER: 00975956 (England and Wales)










ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

A & J GOUGH LIMITED

A & J GOUGH LIMITED (REGISTERED NUMBER: 00975956)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

A & J GOUGH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2016







DIRECTOR: K Barnett



SECRETARY: Mrs S Barnett



REGISTERED OFFICE: Suite 7, Mason Yard
177 Westbourne Street
Hove
East Sussex
BN3 5FB



REGISTERED NUMBER: 00975956 (England and Wales)



ACCOUNTANTS: Haines & Co
Chartered Accountants
Carlton House
28/29 Carlton Terrace
Portslade
East Sussex
BN41 1UR



SOLICITORS: Deibel & Allen
10 Franklin Road
Portslade
East Sussex

A & J GOUGH LIMITED (REGISTERED NUMBER: 00975956)

ABBREVIATED BALANCE SHEET
31 MARCH 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 4,267 791

CURRENT ASSETS
Stocks 19,571 18,619
Debtors 25,039 24,264
Cash at bank 18,247 1,812
62,857 44,695
CREDITORS
Amounts falling due within one year 3 60,723 63,993
NET CURRENT ASSETS/(LIABILITIES) 2,134 (19,298 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,401

(18,507

)

CREDITORS
Amounts falling due after more than one year 3 27,348 39,936
NET LIABILITIES (20,947 ) (58,443 )

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account (21,047 ) (58,543 )
SHAREHOLDERS' FUNDS (20,947 ) (58,443 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

A & J GOUGH LIMITED (REGISTERED NUMBER: 00975956)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2016


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 14 December 2016 and were signed by:





K Barnett - Director


A & J GOUGH LIMITED (REGISTERED NUMBER: 00975956)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016

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, which is stated net of value added tax, represents amounts invoiced to third parties, except for contracts in
progress over the year end where turnover represents the value of work done in the year including estimates in respect of
amounts not invoiced.


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.

Plant and machinery - 33% on cost and 20% on cost
Motor vehicles - 25% on cost

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
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain
items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences
that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent
that the director considers that it is more likely than not that they will be recovered against reversal of deferred tax liabilities
or other future taxable profits. Deferred taxation is measured on a non-discounted basis at the average tax rates that would
apply when the timing differences are expected to reverse, based on tax rates and laws that have been enacted by 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.

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.

A & J GOUGH LIMITED (REGISTERED NUMBER: 00975956)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2016

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 80,837
Additions 4,425
At 31 March 2016 85,262
DEPRECIATION
At 1 April 2015 80,046
Charge for year 949
At 31 March 2016 80,995
NET BOOK VALUE
At 31 March 2016 4,267
At 31 March 2015 791

3. CREDITORS

Creditors include an amount of £ 30,304 (2015 - £ 42,892 ) for which security has been given.

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

2016 2015
£    £   
Repayable by instalments 16,348 28,936

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary shares £1 100 100