2015-02-01 true false Private Limited Company 04636930 2016-01-31 04636930 2015-02-01 2016-01-31 04636930 2015-01-31 04636930 2014-02-01 2015-01-31 04636930 uk-bus:Director1 2015-02-01 2016-01-31 04636930 uk-gaap:PlantMachinery 2015-02-01 2016-01-31 04636930 uk-bus:OrdinaryShareClass1 2016-01-31 iso4217:GBP
A A Moorley Limited
For the year ended 31 January 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 04636930
2
Contents Page
A A Moorley Limited
For the year ended 31 January 2016
1
Accountant's Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
A A Moorley Limited
Accountant's Report
For the year ended 31 January 2016
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 31 January 2016 and you consider that the company is exempt from an audit under the Companies Act
2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you
to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
Chaddesden Accountants Ltd
The Old Post Office
478 Nottingham Road
Chaddesden
Derby
DE21 6PF
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4
Abbreviated Balance Sheet
A A Moorley Limited
As at 31 January 2016
04636930
Registered Number :
£
£
2016
Notes
2015
Fixed assets
Intangible assets
2
7,500
7,500
Tangible assets
3
1,633
2,177
9,133
9,677
Current assets
Debtors
84
25,065
Cash at bank and in hand
6,401
3,757
31,466
3,841
Creditors: amounts falling due within one year
(12,909)
(40,227)
(9,068)
(8,761)
Net current liabilities
Total assets less current liabilities
372
609
372
Net assets
609
Capital and reserves
Called up share capital
1
4
1
Profit and loss account
371
608
372
609
Shareholders funds
For the year ended 31 January 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The director acknowledges his 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.
Date approved by the board: 29 July 2016
Andrew Moorley Director
Signed on behalf of the board of directors
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5
Notes to the Abbreviated Financial Statements
A A Moorley Limited
For the year ended 31 January 2016
1 Accounting Policies
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Finance lease and hire purchase charges
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
by the shareholders prior to the balance sheet date.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the
estimated expected useful economic life of the goodwill of 0 years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and
rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets
and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
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6
Notes to the Abbreviated Financial Statements
A A Moorley Limited
For the year ended 31 January 2016
Stocks
Stocks 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 costs and an appropriate proportion of fixed and variable overheads.
2 Intangible fixed assets
Cost or valuation
Intangible
fixed assets
£
At 01 February 2015
7,500
7,500
At 31 January 2016
7,500
Net Book Values
At 31 January 2016
7,500
At 31 January 2015
3 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
23,134
At 01 February 2015
At 31 January 2016
23,134
Depreciation
20,957
At 01 February 2015
544
Charge for year
21,501
At 31 January 2016
Net book values
At 31 January 2016
1,633
2,177
At 31 January 2015
4 Share capital
Allotted called up and fully paid
2016
2015
£
£
1 Ordinary share of £1.00 each
1
1
1
1
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