Ard Industrial Services Ltd - Limited company - abbreviated - 11.0.0
Ard Industrial Services Ltd - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 31st December 2013 |
| for |
| Ard Industrial Services Ltd |
| Ard Industrial Services Ltd (Registered number: 03555589) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31st December 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Ard Industrial Services Ltd |
| Company Information |
| for the Year Ended 31st December 2013 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Ard Industrial Services Ltd (Registered number: 03555589) |
| Abbreviated Balance Sheet |
| 31st December 2013 |
| 31/12/13 | 31/12/12 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the Board of Directors on |
| Ard Industrial Services Ltd (Registered number: 03555589) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31st December 2013 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the Financial |
| Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving |
| items. |
| Employer-financed retirement benefit scheme (efrbs) |
| The company has established trusts for the benefit of employees and persons connected with them. Monies held in these |
| trusts are held by independent trustees and managed at their discretion. The trustees are empowered to provide both |
| retirement and other employee benefits. |
| Where the company retains future economic benefit from, and has de facto control of the assets and liabilities of the trust, |
| they are accounted for as assets and liabilities of the company until the earlier of the date that an allocation of trust funds |
| to employees in respect of past services is declared and the date that assets of the trust vest in identified individuals. |
| Where monies held in a trust are determined by the company on the basis of employees' past services to the business and |
| the company can obtain no future economic benefit from those monies, such monies, whether in the trust or accrued for |
| by the company are charged to the profit and loss account in the period to which they relate. |
| Where monies held in a trust are determined by the company on the basis of employees' past services to the business and |
| are payable after completion of the employment, such monies are charged to the profit and loss account in the period |
| during which services are rendered by employees. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st January 2013 |
| Additions |
| Disposals | ( |
) |
| At 31st December 2013 |
| DEPRECIATION |
| At 1st January 2013 |
| Charge for year |
| At 31st December 2013 |
| NET BOOK VALUE |
| At 31st December 2013 |
| At 31st December 2012 |
| Ard Industrial Services Ltd (Registered number: 03555589) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31st December 2013 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/12/13 | 31/12/12 |
| value: | £ | £ |
| ordinary 'A' | £1 |
| Allotted and issued: |
| Number: | Class: | Nominal | 31/12/13 | 31/12/12 |
| value: | £ | £ |
| Share capital 2 | £1 |
| (31/12/12 - NIL) |
| The following shares were issued during the year for cash at par : |
| ARD Industrial Services Ltd has issued 438,000 ordinary 'B' shares for £1 each on 05/09/2013 of which £8,760 was paid up |
| and £429,240 remains uncalled by the company. |
| The balance of £429,240 in the respect of the ordinary 'B' shares remains uncalled and unpaid and has not been recognised |
| in the company's balance sheet for this accounting period. |
| 4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31st December 2013 and |
| 31st December 2012: |
| 31/12/13 | 31/12/12 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| Share Award |
| On 5th September 2013 the Company entered into an agreement with a director in connection with the issue of 438,000 £1 |
| Class B shares by the Company. The director agreed immediately to subscribe for the shares with initial called up amount of |
| 2p per share in consideration for a payment to the employee of £438,000. The shares were issued on 5th September 2013. |
| 5. | POST BALANCE SHEET EVENTS |
| Since the year end, the company has established an Employer-Financed Retirement Benefit Scheme to assist in the reward |
| and motivation of the company's employees. |
| 6. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |