REGISTERED NUMBER: 06965036 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

A & M Flooring Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A Hearn

M G Pollitt

REGISTERED OFFICE:

Unit 19

Avro Gate

South Marston Industrial Estate

Swindon

Wiltshire

SN3 4AG

REGISTERED NUMBER:

06965036 (England and Wales)

ACCOUNTANTS:

Peter Leach

Unit D1

Wagon Yard

London Road

Marlborough

Wiltshire

SN8 1LH

FIXED ASSETS

Tangible assets

2

69,738

56,712

CURRENT ASSETS

Stocks

19,825

19,450

Debtors

31,145

34,959

Cash at bank

7,786

8,380

58,756

62,789

CREDITORS

Amounts falling due within one year

91,555

80,721

NET CURRENT LIABILITIES

(32,799

)

(17,932

)

TOTAL ASSETS LESS CURRENT LIABILITIES

36,939

38,780

CREDITORS

Amounts falling due after more than one year

36,229

27,032

NET ASSETS

710

11,748

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

708

11,746

SHAREHOLDERS' FUNDS

710

11,748

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 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 21 February 2017 and were signed on its behalf by:

A Hearn - Director

M G Pollitt - 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 January 2015).

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 etc

-

25% on reducing balance and 15% 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 August 2015

104,181

Additions

37,731

Disposals

(12,088

)

At 31 July 2016

129,824

DEPRECIATION

At 1 August 2015

47,469

Charge for year

21,855

Eliminated on disposal

(9,238

)

At 31 July 2016

60,086

NET BOOK VALUE

At 31 July 2016

69,738

At 31 July 2015

56,712

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

£

2

Ordinary

£1

2

2