| A & I Manchester Knitwear Ltd |
| Registered number: |
06691736 |
| Abbreviated Balance Sheet |
| as at 30 September 2013 |
|
| Notes |
|
|
2013 |
|
|
2012 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
44,276 |
|
|
58,300 |
|
| Current assets |
| Stocks |
|
|
160,756 |
|
|
132,486 |
| Debtors |
|
|
119,194 |
|
|
95,620 |
| Cash at bank and in hand |
|
|
7,645 |
|
|
5,923 |
|
|
|
287,595 |
|
|
234,029 |
|
| Creditors: amounts falling due within one year |
|
|
(290,689) |
|
|
(250,544) |
|
| Net current liabilities |
|
|
|
(3,094) |
|
|
(16,515) |
|
| Net assets |
|
|
|
41,182 |
|
|
41,785 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
41,082 |
|
|
41,685 |
|
| Shareholder's funds |
|
|
|
41,182 |
|
|
41,785 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr Amir Iqbal |
| Director |
| Approved by the board on 31 October 2013 |
|
| A & I Manchester Knitwear Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 30 September 2013 |
|
| 1 |
Accounting policies |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
10% straight line |
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 October 2012 |
75,026 |
|
Disposals |
(13,600) |
|
At 30 September 2013 |
61,426 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2012 |
16,726 |
|
Charge for the year |
4,024 |
|
On disposals |
(3,600) |
|
At 30 September 2013 |
17,150 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2013 |
44,276 |
|
At 30 September 2012 |
58,300 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2013 |
|
2013 |
|
2012 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|