Registered Number 06433778

A & D MINI MARKET LTD

Abbreviated Accounts

30 November 2016

A & D MINI MARKET LTD Registered Number 06433778

Abbreviated Balance Sheet as at 30 November 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 90,666 244,458
90,666 244,458
Current assets
Stocks 75,000 55,000
Debtors 15,000 5,000
Cash at bank and in hand 240,699 228,867
330,699 288,867
Creditors: amounts falling due within one year (57,450) (164,499)
Net current assets (liabilities) 273,249 124,368
Total assets less current liabilities 363,915 368,826
Creditors: amounts falling due after more than one year (41,676) (32,997)
Total net assets (liabilities) 322,239 335,829
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 321,239 334,829
Shareholders' funds 322,239 335,829
  • For the year ending 30 November 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 26 April 2017

And signed on their behalf by:
Mr F Lekgegaj, Director

A & D MINI MARKET LTD Registered Number 06433778

Notes to the Abbreviated Accounts for the period ended 30 November 2016

1Accounting Policies

Basis of measurement and preparation of accounts
These accounts have been prepared in accordance with the special provisions
relating to small companies within Part 15 of the Companies Act 2006 and with
the Financial Reporting Standard for Smaller Entities (effective April 2008)

Turnover policy
Turnover is the total amount receivable by the company in the ordinary course of
business from outside customers for services provided and any goods supplied
excluding VAT The turnover and operating costs are attributable to the principal
activity of the business being that of a retailer

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation Depreciation is calculated
on the reducing balance method and aims to write down cost less estimated residual
value of all tangible fixed assets over their expected useful lives The rates are as
follows

Fixtures and Fittings 15%

Other accounting policies
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 stocks

2Tangible fixed assets
£
Cost
At 1 December 2015 330,223
Additions 2,403
Disposals (142,000)
Revaluations -
Transfers -
At 30 November 2016 190,626
Depreciation
At 1 December 2015 85,765
Charge for the year 14,195
On disposals -
At 30 November 2016 99,960
Net book values
At 30 November 2016 90,666
At 30 November 2015 244,458