Registered Number 04455539

AGRIQUIP WELDING LIMITED

Abbreviated Accounts

30 June 2016

AGRIQUIP WELDING LIMITED Registered Number 04455539

Abbreviated Balance Sheet as at 30 June 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 1 1
Tangible assets 3 3,712 3,180
3,713 3,181
Current assets
Stocks 6,000 12,000
Debtors 43,506 21,724
Cash at bank and in hand 22,193 16,782
71,699 50,506
Creditors: amounts falling due within one year (77,709) (51,780)
Net current assets (liabilities) (6,010) (1,274)
Total assets less current liabilities (2,297) 1,907
Provisions for liabilities (271) (271)
Total net assets (liabilities) (2,568) 1,636
Capital and reserves
Called up share capital 4 100 100
Profit and loss account (2,668) 1,536
Shareholders' funds (2,568) 1,636
  • 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 30 March 2017

And signed on their behalf by:
Mr C N Roberts, Director

AGRIQUIP WELDING LIMITED Registered Number 04455539

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective January 2015).
The director consider it appropriate to prepare the financial statements on the going concern basis. The
Company is reliant on the continued support of the director.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to
write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery 25% reducing balance method.
Motor vehicles 25% reducing balance method.

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

2Intangible fixed assets
£
Cost
At 1 July 2015 1
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2016 1
Amortisation
At 1 July 2015 -
Charge for the year -
On disposals -
At 30 June 2016 -
Net book values
At 30 June 2016 1
At 30 June 2015 1
3Tangible fixed assets
£
Cost
At 1 July 2015 54,663
Additions 1,770
Disposals -
Revaluations -
Transfers -
At 30 June 2016 56,433
Depreciation
At 1 July 2015 51,483
Charge for the year 1,238
On disposals -
At 30 June 2016 52,721
Net book values
At 30 June 2016 3,712
At 30 June 2015 3,180
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
100 A Ordinary shares of £1 each 100 100