Registered Number 02152946


Abbreviated Accounts

31 August 2016

A. AND R. BRUCE LIMITED Registered Number 02152946

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Tangible assets 2 89 105
89 105
Current assets
Stocks 1,007,027 709,219
Debtors 38,890 124,286
Cash at bank and in hand 37,661 187,761
1,083,578 1,021,266
Creditors: amounts falling due within one year (425,244) (402,155)
Net current assets (liabilities) 658,334 619,111
Total assets less current liabilities 658,423 619,216
Total net assets (liabilities) 658,423 619,216
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 658,421 619,214
Shareholders' funds 658,423 619,216
  • 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 25 May 2017

And signed on their behalf by:
A.K. Bruce, Director

A. AND R. BRUCE LIMITED Registered Number 02152946

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 accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 15% on reducing balance

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies
Deferred tax
No calculation for deferred taxation has been carried out, since the effect on the accounts will not be material, in view of the low written down value of the assets concerned.

2Tangible fixed assets
At 1 September 2015 5,734
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2016 5,734
At 1 September 2015 5,629
Charge for the year 16
On disposals -
At 31 August 2016 5,645
Net book values
At 31 August 2016 89
At 31 August 2015 105
3Called Up Share Capital
Allotted, called up and fully paid:
2 Ordinary shares of £1 each 2 2