Registered Number 04634872

A & S GRIGG LIMITED

Abbreviated Accounts

30 April 2016

A & S GRIGG LIMITED Registered Number 04634872

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 11,005 15,001
11,005 15,001
Current assets
Stocks 1,953 1,920
Debtors 19,211 23,052
Cash at bank and in hand 20,472 10,508
41,636 35,480
Prepayments and accrued income 1,732 1,180
Creditors: amounts falling due within one year (10,061) (3,474)
Net current assets (liabilities) 33,307 33,186
Total assets less current liabilities 44,312 48,187
Accruals and deferred income (35) (135)
Total net assets (liabilities) 44,277 48,052
Capital and reserves
Called up share capital 2 2
Profit and loss account 44,275 48,050
Shareholders' funds 44,277 48,052
  • For the year ending 30 April 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 13 June 2016

And signed on their behalf by:
A Grigg, Director

A & S GRIGG LIMITED Registered Number 04634872

Notes to the Abbreviated Accounts for the period ended 30 April 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
Turnover represents amounts receivable for goods and services net of VAT
and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected
useful life, as follows:

Plant and equipment 25% on reducing balance
Motor vehicles 25% on reducing balance

2Tangible fixed assets
£
Cost
At 1 May 2015 17,100
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2016 17,100
Depreciation
At 1 May 2015 2,099
Charge for the year 3,996
On disposals -
At 30 April 2016 6,095
Net book values
At 30 April 2016 11,005
At 30 April 2015 15,001