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REGISTERED NUMBER: 05716161 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

A & B RICHARDSON ENGINEERING LTD

A & B RICHARDSON ENGINEERING LTD (REGISTERED NUMBER: 05716161)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 30 September 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

A & B RICHARDSON ENGINEERING LTD

COMPANY INFORMATION
for the Year Ended 30 September 2015







DIRECTORS: A Richardson
B R Richardson



SECRETARY: B R Richardson



REGISTERED OFFICE: Unit 8
Seven Stars Business Centre
Seven Stars Road
Oldbury
West Midlands
B69 4JR



REGISTERED NUMBER: 05716161 (England and Wales)



ACCOUNTANTS: Wright & Co Partnership Limited
Chartered Accountants
5 Walsall Street
Wednesbury
West Midlands
WS10 9BZ



BANKERS: National Westminster Bank Plc
22 Market Place
Cannock
Staffordshire
WS11 1BY
Page 1
A & B RICHARDSON ENGINEERING LTD (REGISTERED NUMBER: 05716161)

ABBREVIATED BALANCE SHEET
30 September 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - -
Tangible assets 3 694,309 682,138
694,309 682,138

CURRENT ASSETS
Stocks 8,890 7,860
Debtors 269,339 485,083
Cash at bank and in hand 54,395 101,332
332,624 594,275
CREDITORS
Amounts falling due within one year 541,140 616,730
NET CURRENT LIABILITIES (208,516 ) (22,455 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
485,793
659,683

CREDITORS
Amounts falling due after more than one year 200,589 292,217
NET ASSETS 285,204 367,466

CAPITAL AND RESERVES
Called up share capital 4 7,002 7,002
Profit and loss account 278,202 360,464
SHAREHOLDERS' FUNDS 285,204 367,466

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors on 25 May 2016 and were signed on its behalf by:





A Richardson - Director


The notes form part of these abbreviated accounts

Page 2
A & B RICHARDSON ENGINEERING LTD (REGISTERED NUMBER: 05716161)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 30 September 2015

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 April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of six years.

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 & machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at 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.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2014
and 30 September 2015 60,000
AMORTISATION
At 1 October 2014
and 30 September 2015 60,000
NET BOOK VALUE

At 30 September 2015 -
At 30 September 2014 -

Page 3 continued...
A & B RICHARDSON ENGINEERING LTD (REGISTERED NUMBER: 05716161)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 30 September 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2014 1,023,260
Additions 148,472
Disposals (51,248 )
At 30 September 2015 1,120,484
DEPRECIATION
At 1 October 2014 341,122
Charge for year 121,122
Eliminated on disposal (36,069 )
At 30 September 2015 426,175
NET BOOK VALUE
At 30 September 2015 694,309
At 30 September 2014 682,138

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
2 Ordinary £1 2 2
4,000 Ordinary B £1 4,000 4,000
3,000 Ordinary E £1 3,000 3,000
7,002 7,002

Page 4