Abbreviated Company Accounts - A AND M TARWAYS ENGINEERING LIMITED

03787447 A AND M TARWAYS ENGINEERING LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 03787447 2015-07-01 2016-06-30 03787447 2016-06-30 03787447 2015-06-30 03787447 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 03787447 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 03787447

A AND M TARWAYS ENGINEERING LIMITED

Abbreviated Accounts

30 June 2016

A AND M TARWAYS ENGINEERING LIMITED Registered Number 03787447

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	482,849	528,465
		482,849	528,465
Current assets
Stocks		444,709	287,937
Debtors		81,868	145,454
Investments		79,177	-
Cash at bank and in hand		538,821	535,292
		1,144,575	968,683
Creditors: amounts falling due within one year		(288,231)	(185,864)
Net current assets (liabilities)		856,344	782,819
Total assets less current liabilities		1,339,193	1,311,284
Provisions for liabilities		(13,972)	(20,833)
Total net assets (liabilities)		1,325,221	1,290,451
Capital and reserves
Called up share capital	3	100	100
Other reserves		(123,749)	(107,749)
Profit and loss account		1,448,870	1,398,100
Shareholders' funds		1,325,221	1,290,451

For the year ending 30 June 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 31 March 2017

And signed on their behalf by:
A W Webb, Director

A AND M TARWAYS ENGINEERING LIMITED Registered Number 03787447

Notes to the Abbreviated Accounts for the period ended 30 June 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 chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset Class - Depreciation Method & Rate
Motor Vehicles - 25% straight line basis
Equipment - 10 straight line basis

2Tangible fixed assets

	£
Cost
At 1 July 2015	676,474
Additions	5,442
Disposals	-
Revaluations	(16,000)
Transfers	-
At 30 June 2016	665,916
Depreciation
At 1 July 2015	148,009
Charge for the year	35,058
On disposals	-
At 30 June 2016	183,067
Net book values
At 30 June 2016	482,849
At 30 June 2015	528,465

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100