A & R Cooling Services Limited Small abbreviated accounts

COMPANY REGISTRATION NUMBER 03787412

A & R COOLING SERVICES LIMITED

ABBREVIATED ACCOUNTS

31 May 2016

ACCOUNTS UNLOCKED LLP

Chartered Certified Accountants

Repton Manor

Repton Avenue

Ashford

Kent

TN23 3GP

A & R COOLING SERVICES LIMITED

ABBREVIATED BALANCE SHEET

31 May 2016

	2016	2015
Note	£	£	£
FIXED ASSETS	2
Intangible assets		52,400	104,800
Tangible assets		1,447	1,475
		---------	----------
		53,847	106,275
		---------	----------

CURRENT ASSETS

Debtors	76,337		66,225
Cash at bank and in hand	510		14,472
	---------		---------
	76,847		80,697
CREDITORS: Amounts falling due within one year	112,773		109,586
	----------		----------
NET CURRENT LIABILITIES		( 35,926)	( 28,889)
		---------	----------
TOTAL ASSETS LESS CURRENT LIABILITIES		17,921	77,386
		---------	----------

CAPITAL AND RESERVES

Called up equity share capital	3		2	2
Profit and loss account		17,919	77,384
		---------	---------
SHAREHOLDERS' FUNDS		17,921	77,386
		---------	---------

For the year ended 31 May 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

These abbreviated accounts were approved by the directors and authorised for issue on 22 November 2016 , and are signed on their behalf by:

A Herring Esq. Director

Company Registration Number: 03787412

A & R COOLING SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

YEAR ENDED 31 MAY 2016

1. ACCOUNTING POLICIES

Basis of accounting

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

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Goodwill-10% straight line basis

Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery-20% reducing balance basis

Office Equipment-25% reducing balance basis

Pension costs

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

2. FIXED ASSETS

Intangible Assets	Tangible Assets	Total
£	£	£

COST

At 1 June 2015	524,000	8,140	532,140
Additions	–	333	333
	----------	-------	----------
At 31 May 2016	524,000	8,473	532,473
	----------	-------	----------

DEPRECIATION

At 1 June 2015	419,200	6,665	425,865
Charge for year	52,400	361	52,761
	----------	-------	----------
At 31 May 2016	471,600	7,026	478,626
	----------	-------	----------

NET BOOK VALUE

At 31 May 2016	52,400	1,447	53,847
	---------	-------	---------

At 31 May 2015	104,800	1,475	106,275
	----------	-------	----------

3. SHARE CAPITAL

Allotted, called up and fully paid:

2016	2015
No	£	No	£
Ordinary shares of £ 1 each	2	2	2	2
	----	----	----	----