Registered Number 00617641


Abbreviated Accounts

31 January 2016

A A BEER LIMITED Registered Number 00617641

Abbreviated Balance Sheet as at 31 January 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 38,698 15,766
38,698 15,766
Current assets
Stocks 48,439 43,768
Debtors 892,304 1,435,858
Cash at bank and in hand 131,312 4,911
1,072,055 1,484,537
Creditors: amounts falling due within one year 3 (844,998) (1,026,388)
Net current assets (liabilities) 227,057 458,149
Total assets less current liabilities 265,755 473,915
Creditors: amounts falling due after more than one year 3 (148,375) (406,000)
Provisions for liabilities - (331)
Total net assets (liabilities) 117,380 67,584
Capital and reserves
Called up share capital 4 8,700 8,700
Profit and loss account 108,680 58,884
Shareholders' funds 117,380 67,584
  • For the year ending 31 January 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 24 October 2016

And signed on their behalf by:
Mr D A Beer, Director

A A BEER LIMITED Registered Number 00617641

Notes to the Abbreviated Accounts for the period ended 31 January 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 January 2015.

Turnover policy
Turnover represents the total value of goods, excluding value added tax, provided to customers during the year, plus the value of work, excluding value added tax, performed during the year with respect to services.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Land and buildings - Straight line over 10 years
Plant and machinery - 20% straight line
Fixtures, fittings and equipment - 25% straight line
Motor vehicles - 20% straight line
Tangible fixed assets are stated at cost less accumulated depreciation.

Other accounting policies
Stock and work in progress:-
Work in progress is valued at the lower of cost and net realisable value.

Long term contracts:-
Amounts recoverable on long term contracts, which are included in debtors are stated at the net sales value of the work done after provisions for contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payments received on account.

The pension costs charged in the financial statements represent the contribution payable by the company during the year.

Deferred taxation:-
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Ultimate parent undertaking:-
A A Beer Limited is a 100% owned subsidiary undertaking of AAB Construction Limited. AAB Construction Limited is a UK company. Group accounts have not been prepared as the group is a small group.

2Tangible fixed assets
At 1 February 2015 87,653
Additions 28,458
Disposals -
Revaluations -
Transfers -
At 31 January 2016 116,111
At 1 February 2015 71,887
Charge for the year 5,526
On disposals -
At 31 January 2016 77,413
Net book values
At 31 January 2016 38,698
At 31 January 2015 15,766
Secured Debts 148,375 406,000
4Called Up Share Capital
Allotted, called up and fully paid:
8,700 Ordinary shares of £1 each 8,700 8,700