REGISTERED NUMBER: 05382318 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

A & V ROOFING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr V E Hood

Mr A R Wilkins

SECRETARY:

Mrs D A Hood

REGISTERED OFFICE:

239 Long Road

Lowestoft

Suffolk

NR33 9DF

REGISTERED NUMBER:

05382318 (England and Wales)

ACCOUNTANTS:

Tubbs Son Giles & Co Limited

18 Gordon Road

Lowestoft

Suffolk

NR32 1NL

FIXED ASSETS

Tangible assets

2

73,779

90,476

CURRENT ASSETS

Stocks

10,000

1,500

Debtors

46,005

117,971

Cash at bank

144,401

62,561

200,406

182,032

CREDITORS

Amounts falling due within one year

91,582

101,523

NET CURRENT ASSETS

108,824

80,509

TOTAL ASSETS LESS CURRENT LIABILITIES

182,603

170,985

PROVISIONS FOR LIABILITIES

14,756

18,095

NET ASSETS

167,847

152,890

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

167,747

152,790

SHAREHOLDERS' FUNDS

167,847

152,890

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 15 December 2015 and were signed on its behalf by:

Mr V E Hood - Director

Mr A R Wilkins - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

217,375

Additions

4,914

At 31 March 2015

222,289

DEPRECIATION

At 1 April 2014

126,899

Charge for year

21,611

At 31 March 2015

148,510

NET BOOK VALUE

At 31 March 2015

73,779

At 31 March 2014

90,476

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

1

100

100