Registered number
06810447
A A & SONS DRYLINING LIMITED
Abbreviated Accounts
31 March 2016
A A & SONS DRYLINING LIMITED
Registered number: 06810447
Abbreviated Balance Sheet
as at 31 March 2016
Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 20,200 20,200
Tangible assets 3 88,138 67,990
108,338 88,190
Current assets
Stocks 31,640 61,047
Debtors 34,095 51,563
Cash at bank and in hand 44,712 22,081
110,447 134,691
Creditors: amounts falling due within one year (201,590) (197,797)
Net current liabilities (91,143) (63,106)
Total assets less current liabilities 17,195 25,084
Creditors: amounts falling due after more than one year (12,053) (9,068)
Net assets 5,142 16,016
Capital and reserves
Called up share capital 4 20 20
Profit and loss account 5,122 15,996
Shareholders' funds 5,142 16,016
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
A Austin
Director
Approved by the board on 14 October 2016
A A & SONS DRYLINING LIMITED
Notes to the Abbreviated Accounts
for the year ended 31 March 2016
1 Accounting policies
Basis of preparation
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance
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.
2 Intangible fixed assets £
Cost
At 1 April 2015 20,200
At 31 March 2016 20,200
Amortisation
At 31 March 2016 -
Net book value
At 31 March 2016 20,200
At 31 March 2015 20,200
3 Tangible fixed assets £
Cost
At 1 April 2015 133,878
Additions 55,278
Disposals (43,235)
At 31 March 2016 145,921
Depreciation
At 1 April 2015 65,888
Charge for the year 15,795
On disposals (23,900)
At 31 March 2016 57,783
Net book value
At 31 March 2016 88,138
At 31 March 2015 67,990
4 Share capital Nominal 2016 2016 2015
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 20 20 20
A A & SONS DRYLINING LIMITED 06810447 false true 2015-04-01 2016-03-31 2016-03-31 A Austin 06810447 uk-bus:OrdinaryShareClass1 2015-03-31 06810447 2015-04-01 2016-03-31 06810447 uk-bus:Director40 2015-04-01 2016-03-31 06810447 uk-gaap:PlantMachinery 2015-04-01 2016-03-31 06810447 uk-gaap:MotorVehicles 2015-04-01 2016-03-31 06810447 uk-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 06810447 2016-03-31 06810447 uk-bus:OrdinaryShareClass1 2016-03-31 06810447 2015-03-31 iso4217:GBP xbrli:shares