Registered Number 05721954

A & A L GELDER & SON LIMITED

Abbreviated Accounts

28 February 2016

A & A L GELDER & SON LIMITED Registered Number 05721954

Abbreviated Balance Sheet as at 28 February 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 - 1,500
Tangible assets 3 17,507 17,692
17,507 19,192
Current assets
Debtors 6,021 8,229
Cash at bank and in hand 8,025 11,592
14,046 19,821
Creditors: amounts falling due within one year (11,169) (10,809)
Net current assets (liabilities) 2,877 9,012
Total assets less current liabilities 20,384 28,204
Creditors: amounts falling due after more than one year (6,254) (9,827)
Provisions for liabilities (3,501) (3,632)
Total net assets (liabilities) 10,629 14,745
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 10,529 14,645
Shareholders' funds 10,629 14,745
  • For the year ending 28 February 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 10 June 2016

And signed on their behalf by:
Andrew Gelder, Director

A & A L GELDER & SON LIMITED Registered Number 05721954

Notes to the Abbreviated Accounts for the period ended 28 February 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 VAT.

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:
Workshop - straight line 3 years
Tools & equipment - 15% reducing balance
Fixtures & fittings - 15% reducing balance
Motor vehicles - 25% reducing balance

Intangible assets amortisation policy
Amortisation 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:
Goodwill - straight line 5 years

Other accounting policies
Transactions with directors: £500 rent has been paid to each director for use of the land (2015 - £500).

2Intangible fixed assets
£
Cost
At 1 March 2015 15,000
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2016 15,000
Amortisation
At 1 March 2015 13,500
Charge for the year 1,500
On disposals -
At 28 February 2016 15,000
Net book values
At 28 February 2016 0
At 28 February 2015 1,500
3Tangible fixed assets
£
Cost
At 1 March 2015 42,126
Additions 4,000
Disposals -
Revaluations -
Transfers -
At 28 February 2016 46,126
Depreciation
At 1 March 2015 24,434
Charge for the year 4,185
On disposals -
At 28 February 2016 28,619
Net book values
At 28 February 2016 17,507
At 28 February 2015 17,692
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
100 Ordinary shares of £1 each 100 100