A.A. Mepham Limited - Limited company - abbreviated

REGISTERED NUMBER: 04705594 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

A.A. MEPHAM LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A A Mepham

R J Mepham

SECRETARY:

First Instance Secretariat Limited

REGISTERED OFFICE:

Sovereign House

22 Shelley Road

WORTHING

West Sussex

BN11 1TU

REGISTERED NUMBER:

04705594 (England and Wales)

ACCOUNTANTS:

Monetaire

Sovereign House

22 Shelley Road

WORTHING

West Sussex

BN11 1TU

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

11,522

981

11,522

981

CURRENT ASSETS

Stocks

9,000

600

Debtors

21,639

14,756

Cash at bank

11,634

3,839

42,273

19,195

CREDITORS

Amounts falling due within one year

32,511

21,836

NET CURRENT ASSETS/(LIABILITIES)

9,762

(2,641

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

21,284

(1,660

)

CREDITORS

Amounts falling due after more than one
year

10,200

-

NET ASSETS/(LIABILITIES)

11,084

(1,660

)

CAPITAL AND RESERVES

Called up share capital

4

3

Profit and loss account

11,081

(1,663

)

SHAREHOLDERS' FUNDS

11,084

(1,660

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 15 December 2015 and were signed on its behalf
by:

R J Mepham - Director

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 2003, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

15,000

AMORTISATION

At 1 April 2014

and 31 March 2015

15,000

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

8,595

Additions

15,250

Disposals

(6,500

)

At 31 March 2015

17,345

DEPRECIATION

At 1 April 2014

7,614

Charge for year

3,841

Eliminated on disposal

(5,632

)

At 31 March 2015

5,823

NET BOOK VALUE

At 31 March 2015

11,522

At 31 March 2014

981

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

2

£1 Ordinary

£1

2

1

A Non Voting

£1

1

3

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and

31 March 2014:

2015

2014

£

R J Mepham

Balance outstanding at start of year

-

Amounts advanced

9,540

-

Amounts repaid

-

Balance outstanding at end of year

9,540

-

A.A. Mepham Limited - Limited company - abbreviated - 11.9

A.A. Mepham Limited - Limited company - abbreviated - 11.9