01412813 2015-02-01 2016-01-31 false true 2016-01-31 01412813 2015-02-01 2016-01-31 01412813 2016-01-31 01412813 2015-01-31 01412813 c:MotorVehicles 2015-02-01 2016-01-31 01412813 c:FixturesFittingsToolsEquipment 2015-02-01 2016-01-31 01412813 d:OrdinaryShareClass1 2016-01-31 01412813 d:OrdinaryShareClass1 2015-01-31 01412813 d:OrdinaryShareClass1 2015-02-01 2016-01-31 01412813 d:Director1 2015-02-01 2016-01-31 01412813 c:OfficeEquipment 2015-02-01 2016-01-31 01412813 c:PlantMachinery 2015-02-01 2016-01-31 xbrli:shares iso4217:GBP
Registered number: 01412813










AHAM CONVERSIONS LIMITED

UNAUDITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED
31 JANUARY 2016



















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AHAM CONVERSIONS LIMITED
REGISTERED NUMBER: 01412813

ABBREVIATED BALANCE SHEET
AS AT 31 JANUARY 2016

2016
2015
Note
£
£
£
£
 
FIXED ASSETS





 
Tangible assets
 
2
5,148
8,838
 
CURRENT ASSETS





 
Stocks
1,000
1,450

 
Debtors
6,463
7,872

 
Cash at bank and in hand

21,327
24,278







 
28,790
33,600
 
CREDITORS: amounts falling due within one year
3
(17,552)
(14,384)
 
NET CURRENT ASSETS


11,238

19,216
 
TOTAL ASSETS LESS CURRENT LIABILITIES
16,386
28,054
 
CREDITORS: amounts falling due after more than one year
(2,854)

(6,389)

NET ASSETS




 13,532


 21,665
  
CAPITAL AND RESERVES

 
Called up share capital
4
100
100
 
Profit and loss account
13,432
21,565
 
SHAREHOLDERS' FUNDS
 

 13,532

 21,665


For the year ending 31 January 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 ("the Act") relating to small companies.

Directors' responsibilities:
 

·The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
·The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
 
The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf on 22 September 2016.




Mr T Shoosmith
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
AHAM CONVERSIONS LIMITED
 

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016

1.ACCOUNTING POLICIES

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2
Turnover

Turnover comprises the value of sales (net of VAT and trade discounts) of goods and services provided in the normal course of business.  
Revenue is recognised when the goods are dispatched, which is the same day on which the goods are delivered and hence is the point at which the risks and rewards of ownership pass to the buyer.
Revenue in respect of service contracts is recognised when the company obtains the right to receive consideration for the services rendered to its customer.

1.3
Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation.  Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant and machinery
-
20% straight line
Motor vehicles
-
25% straight line
Fixtures and fittings
-
20% reducing balance
Office equipment
-
33% straight line

1.4
Leasing and hire purchase

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

1.5
Stocks

Stocks are valued at the lower of cost and net realisable value.  Cost is ascertained by using the first-in first-out method of cost calculation.  Net realisable value is based on an estimated selling price, less further costs to be incurred to completion and disposal.  Provision is also made for obsolete, slow-moving and defective items, where appropriate.

1.6
Pensions

The company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.

Page 2

 
AHAM CONVERSIONS LIMITED
 

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016

2.TANGIBLE FIXED ASSETS



£


Cost 


At 1 February 2015
94,088

Additions
808


At 31 January 2016

94,896



Depreciation


At 1 February 2015
85,250

Charge for the year
4,498


At 31 January 2016

89,748




Net book value


At 31 January 2016
 5,148


At 31 January 2015

 8,838


3.CREDITORS:
Amounts falling due within one year

The obligation under a hire purchase contract is secured against the asset to which it relates.

 

4.SHARE CAPITAL
        2016
        2015
        £

        £

Allotted, called up and fully paid



100 Ordinary shares of £1 each
 100
 100

Page 3