REGISTERED NUMBER: 05753277 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2016

FOR

A. GROOM ENGINEERING LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

DIRECTOR:

Mr A Groom

SECRETARY:

Mrs E Groom

REGISTERED OFFICE:

The Oaks

15 Evesham Road

Cookhill

Alcester

Warwickshire

B49 5LL

REGISTERED NUMBER:

05753277 (England and Wales)

ACCOUNTANTS:

NJR Accountancy Services Limited

14 Victoria Square

Droitwich Spa

Worcestershire

WR9 8DS

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

31,047

38,285

Investment property

4

331,456

172,450

362,503

210,735

CURRENT ASSETS

Stocks

87,456

94,506

Debtors

96,529

193,643

Cash at bank

594,196

664,412

778,181

952,561

CREDITORS

Amounts falling due within one year

103,109

162,851

NET CURRENT ASSETS

675,072

789,710

TOTAL ASSETS LESS CURRENT LIABILITIES

1,037,575

1,000,445

CREDITORS

Amounts falling due after more than one year

(7,067

)

(29,535

)

PROVISIONS FOR LIABILITIES

(6,209

)

-

NET ASSETS

1,024,299

970,910

CAPITAL AND RESERVES

Called up share capital

5

2

2

Profit and loss account

1,024,297

970,908

SHAREHOLDERS' FUNDS

1,024,299

970,910

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

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

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 28th October 2016 and were signed by:

Mr A Groom - Director

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 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 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes

in market value is transferred to a revaluation reserve.

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2015

and 31st March 2016

34,000

AMORTISATION

At 1st April 2015

and 31st March 2016

34,000

NET BOOK VALUE

At 31st March 2016

-

At 31st March 2015

-

3.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1st April 2015

5,765

67,290

5,087

78,142

Additions

-

-

358

358

Disposals

-

(8,300

)

-

(8,300

)

At 31st March 2016

5,765

58,990

5,445

70,200

DEPRECIATION

At 1st April 2015

4,998

31,248

3,611

39,857

Charge for year

192

9,699

458

10,349

Eliminated on disposal

-

(11,053

)

-

(11,053

)

At 31st March 2016

5,190

29,894

4,069

39,153

NET BOOK VALUE

At 31st March 2016

575

29,096

1,376

31,047

At 31st March 2015

767

36,042

1,476

38,285

Total

£

COST

At 1st April 2015

172,450

Additions

159,006

At 31st March 2016

331,456

NET BOOK VALUE

At 31st March 2016

331,456

At 31st March 2015

172,450

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

2

Ordinary

£1

2

2