A L Cox & Sons Limited - Limited company - abbreviated - 11.6

A L Cox & Sons Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 05761439(England and Wales)
















A L COX & SONS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015






A L COX & SONS LIMITED (REGISTERED NUMBER: 05761439)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2015




Page

Company Information 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

Chartered Accountants' Report 6

A L COX & SONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2015







DIRECTORS: P G Cox
R E Cox
M G Cox





REGISTERED OFFICE: 6 High Street
Metheringham
Lincoln
Lincolnshire
LN4 3EA





REGISTERED NUMBER: 05761439(England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
4 Henley Way
Doddington Road
Lincoln
Lincolnshire
LN6 3QR

A L COX & SONS LIMITED (REGISTERED NUMBER: 05761439)

ABBREVIATED BALANCE SHEET
31 MAY 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 450,000 475,000
Tangible assets 3 43,279 49,592
493,279 524,592

CURRENT ASSETS
Stocks 419,327 415,311
Debtors 1,099,645 1,036,033
Cash at bank and in hand 37 106,186
1,519,009 1,557,530
CREDITORS
Amounts falling due within one year 4 1,162,016 1,471,501
NET CURRENT ASSETS 356,993 86,029
TOTAL ASSETS LESS CURRENT LIABILITIES 850,272 610,621

PROVISIONS FOR LIABILITIES 3,600 3,692
NET ASSETS 846,672 606,929

CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and loss account 846,572 606,829
SHAREHOLDERS' FUNDS 846,672 606,929

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

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.

A L COX & SONS LIMITED (REGISTERED NUMBER: 05761439)

ABBREVIATED BALANCE SHEET - continued
31 MAY 2015


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 5 October 2015and were signed on its behalf by:




P G Cox - Director R E Cox - Director




M G Cox - Director


A L COX & SONS LIMITED (REGISTERED NUMBER: 05761439)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2015

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.

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

Improvements to property - Straight line over 10 years
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet
date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of
the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2014
and 31 May 2015 500,000
AMORTISATION
At 1 June 2014 25,000
Amortisation for year 25,000
At 31 May 2015 50,000
NET BOOK VALUE

At 31 May 2015 450,000
At 31 May 2014 475,000

A L COX & SONS LIMITED (REGISTERED NUMBER: 05761439)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MAY 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2014 62,678
Additions 5,474
Disposals (303 )
At 31 May 2015 67,849
DEPRECIATION
At 1 June 2014 13,086
Charge for year 11,560
Eliminated on disposal (76 )
At 31 May 2015 24,570
NET BOOK VALUE
At 31 May 2015 43,279
At 31 May 2014 49,592

4. CREDITORS

Creditors include an amount of £ 101,717 for which security has been given.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
A L COX & SONS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited
financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial
statements of A L Cox & Sons Limited for the year ended 31 May 2015 which comprise the Profit and Loss Account, the Balance
Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of A L Cox & Sons Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A L Cox & Sons Limited and state those matters that we have agreed to state to the Board of Directors of A L Cox & Sons Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A L Cox & Sons Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A L Cox & Sons Limited. You consider that A L Cox & Sons Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A L Cox & Sons Limited. For this
reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have
given to us and we do not, therefore, express any opinion on the statutory financial statements.






Duncan & Toplis Limited
4 Henley Way
Doddington Road
Lincoln
Lincolnshire
LN6 3QR


5 October 2015