Company Registration No. 5609355 (England and Wales)
A&M SMALL PLANT (CORNWALL) LIMITED
Unaudited accounts
for the year ended 31 October 2017
A&M SMALL PLANT (CORNWALL) LIMITED
Unaudited accounts
Contents
A&M SMALL PLANT (CORNWALL) LIMITED
Company Information
for the year ended 31 October 2017
Directors
A THOMAS
Mrs A M THOMAS
Company Number
5609355 (England and Wales)
Registered Office
12 HIGHER TREZAISE
ROCHE
ST AUSTELL
CORNWALL
PL26 8HS
Accountants
SG ACCOUNTANCY
102 TREVERBYN ROAD
CARCLAZE IND ESTATE
ST AUSTELL
CORNWALL
PL25 4EW
A&M SMALL PLANT (CORNWALL) LIMITED
Statement of financial position
as at 31 October 2017
Tangible assets
24,978
19,627
Cash at bank and in hand
16,743
11,244
Creditors: amounts falling due within one year
(46,111)
(42,568)
Net current liabilities
(10,410)
(10,235)
Called up share capital
2
2
Profit and loss account
14,566
9,390
Shareholders' funds
14,568
9,392
For the year ending 31 October 2017 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 4 June 2018.
A THOMAS
Director
Company Registration No. 5609355
A&M SMALL PLANT (CORNWALL) LIMITED
Notes to the Accounts
for the year ended 31 October 2017
A&M SMALL PLANT (CORNWALL) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5609355. The registered office is 12 HIGHER TREZAISE, ROCHE, ST AUSTELL, CORNWALL, PL26 8HS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 October 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance method
Motor vehicles
25% reducing balance method
Computer equipment
33% reducing balance method
A&M SMALL PLANT (CORNWALL) LIMITED
Notes to the Accounts
for the year ended 31 October 2017
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2016
32,018
19,000
2,676
53,694
Additions
7,955
2,300
-
10,255
Disposals
-
-
(1,350)
(1,350)
At 31 October 2017
39,973
21,300
1,326
62,599
At 1 November 2016
19,401
12,250
2,416
34,067
Charge for the year
3,090
1,688
67
4,845
On disposals
-
-
(1,291)
(1,291)
At 31 October 2017
22,491
13,938
1,192
37,621
At 31 October 2017
17,482
7,362
134
24,978
At 31 October 2016
12,617
6,750
260
19,627
Finished goods
5,800
5,800
Trade debtors
12,940
15,077
Accrued income and prepayments
218
212
7
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
5,611
6,921
Loans from directors
39,825
35,022
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 3 (2016: 3).