ADL_ROOFING_DISTRIBUTORS_ - Accounts

ADL ROOFING DISTRIBUTORS LTD - Company Information

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Company Registration No. 07265546 (England and Wales)

ADL ROOFING DISTRIBUTORS LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

ADL ROOFING DISTRIBUTORS LTD

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

ADL ROOFING DISTRIBUTORS LTD

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

43,098

44,484

Current assets

Stocks

22,000

Debtors

198,594

213,940

Cash at bank and in hand

122,570

61,810

343,164

297,750

Creditors: amounts falling due within one year

(239,165)

(218,729)

Net current assets

103,999

79,021

Total assets less current liabilities

147,097

123,505

Creditors: amounts falling due after more than one year

(5,757)

(12,434)

Provisions for liabilities

(5,136)

(4,648)

136,204

106,423

Capital and reserves

Called up share capital

Profit and loss account

136,202

106,421

Shareholders' funds

136,204

106,423

ADL ROOFING DISTRIBUTORS LTD

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 JUNE 2015

- 2 -

For the financial year ended 30 June 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 24 March 2016

D Lowe

A J M Lowe

Director

Company Registration No. 07265546

ADL ROOFING DISTRIBUTORS LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2015

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

25% reducing balance

Motor vehicles

25% reducing balance

Fixed assets

Tangible assets

Cost

At 1 July 2014

69,296

Additions

11,682

At 30 June 2015

80,978

Depreciation

At 1 July 2014

24,812

Charge for the year

13,068

At 30 June 2015

37,880

Net book value

At 30 June 2015

43,098

At 30 June 2014

44,484

Share capital

2015

2014

Allotted, called up and fully paid

2 Ordinary Shares of £1 each