Registered Number 00904792

A.S.LLOYD & SON LIMITED

Abbreviated Accounts

31 October 2016

A.S.LLOYD & SON LIMITED Registered Number 00904792

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 624,367 627,637
624,367 627,637
Current assets
Stocks 92,000 85,000
Debtors 127,168 107,239
Cash at bank and in hand 300 -
219,468 192,239
Creditors: amounts falling due within one year 3 (199,790) (161,098)
Net current assets (liabilities) 19,678 31,141
Total assets less current liabilities 644,045 658,778
Creditors: amounts falling due after more than one year 3 (83,914) (85,882)
Provisions for liabilities (5,582) (5,582)
Total net assets (liabilities) 554,549 567,314
Capital and reserves
Called up share capital 15,004 15,004
Profit and loss account 539,545 552,310
Shareholders' funds 554,549 567,314
  • For the year ending 31 October 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 27 July 2017

And signed on their behalf by:
J H Lloyd, Director

A.S.LLOYD & SON LIMITED Registered Number 00904792

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable from customers for goods supplied during the year

Tangible assets depreciation policy
Depreciation is provided to write-off the cost of assets over their estimated useful life. The straight line method is used at the rate of 25% on plant and machinery and office equipment.No depreciation is provided on freehold property.

Other accounting policies
Stock

This is valued at the lower of cost or bet realiseable value

2Tangible fixed assets
£
Cost
At 1 November 2015 764,215
Additions 2,551
Disposals -
Revaluations -
Transfers -
At 31 October 2016 766,766
Depreciation
At 1 November 2015 136,578
Charge for the year 5,821
On disposals -
At 31 October 2016 142,399
Net book values
At 31 October 2016 624,367
At 31 October 2015 627,637
3Creditors
2016
£		 2015
£
Secured Debts 93,049 96,700
Instalment debts due after 5 years 47,367 57,654