A. & D. Joinery & Interiors Limited - Limited company - abbreviated

REGISTERED NUMBER: 03846080 (England and Wales)

A. & D. JOINERY & INTERIORS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2015

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

Mr A. Griffiths

Mrs D.A. Griffiths

SECRETARY:

Mrs D.A. Griffiths

REGISTERED OFFICE:

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

REGISTERED NUMBER:

03846080 (England and Wales)

ACCOUNTANTS:

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

BANKERS:

Lloyds TSB Bank Plc

25 Wolverhampton Street

Dudley

West Midlands

DY1 1DT

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of A. & D. Joinery & Interiors Limited for the year ended 31 October 2015 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of A. & D. Joinery & Interiors Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A. & D. Joinery & Interiors Limited and state those matters that we have agreed to state to the Board of Directors of A. & D. Joinery & Interiors Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A. & D. Joinery & Interiors Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A. & D. Joinery & Interiors Limited. You consider that A. & D. Joinery & Interiors Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A. & D. Joinery & Interiors

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

3 March 2016

FIXED ASSETS

Tangible assets

2

16,545

20,891

CURRENT ASSETS

Stocks

42,500

40,000

Debtors

361,363

282,845

Cash at bank and in hand

103,899

79,463

507,762

402,308

CREDITORS

Amounts falling due within one year

363,083

232,226

NET CURRENT ASSETS

144,679

170,082

TOTAL ASSETS LESS CURRENT
LIABILITIES

161,224

190,973

PROVISIONS FOR LIABILITIES

801

1,328

NET ASSETS

160,423

189,645

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

160,421

189,643

SHAREHOLDERS' FUNDS

160,423

189,645

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 3 March 2016 and were signed on its behalf by:

Mr A. Griffiths - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net sales of goods/services, excluding value added tax

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

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

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

67,192

Additions

241

At 31 October 2015

67,433

DEPRECIATION

At 1 November 2014

46,301

Charge for year

4,587

At 31 October 2015

50,888

NET BOOK VALUE

At 31 October 2015

16,545

At 31 October 2014

20,891

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary

£1

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2015 and

31 October 2014:

2015

2014

£

Mr A. Griffiths and Mrs D.A. Griffiths

Balance outstanding at start of year

178,424

41,378

Amounts advanced

130,342

195,055

Amounts repaid

(180,266

)

(58,009

)

Balance outstanding at end of year

128,500

178,424

5.	ULTIMATE CONTROLLING PARTY

The controlling parties are Mr. A. Griffiths and Mrs. D.A. Griffiths by virtue of them having ownership of 100%

of the ordinary issued share capital in the company.