Abbreviated Company Accounts

A A U LIMITED Registered Number 04505834

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	19,273	10,734
		19,273	10,734
Current assets
Stocks		2,160	1,740
Debtors		45,446	35,171
Cash at bank and in hand		64,723	25,934
		112,329	62,845
Creditors: amounts falling due within one year		(73,522)	(51,751)
Net current assets (liabilities)		38,807	11,094
Total assets less current liabilities		58,080	21,828
Creditors: amounts falling due after more than one year		(12,805)	(9,268)
Total net assets (liabilities)		45,275	12,560
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		45,273	12,558
Shareholders' funds		45,275	12,560

For the year ending 31 August 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 24 November 2016

And signed on their behalf by:
Mr I G Cornwell, Director

A A U LIMITED Registered Number 04505834

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in the full accounts in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of serivces provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Workshop 25% reducing balance
Equipment 25% reducing balance
Motor vehicles 25% reducing balance

Other accounting policies
Stocks
Stock is valued at the lower of cost and net realisable value.

Leasing and hire purchase commitments
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

2Tangible fixed assets

	£
Cost
At 1 September 2015	74,387
Additions	20,186
Disposals	(9,500)
Revaluations	-
Transfers	-
At 31 August 2016	85,073
Depreciation
At 1 September 2015	63,653
Charge for the year	6,425
On disposals	(4,278)
At 31 August 2016	65,800
Net book values
At 31 August 2016	19,273
At 31 August 2015	10,734

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2