Company Registration No. 09118475 (England and Wales)
A&J Laser Engraving Ltd
Abbreviated unaudited accounts
for the period from 7 July 2014 to 31 July 2015
A&J Laser Engraving Ltd
Abbreviated Balance Sheet
as at 31 July 2015
Cash at bank and in hand
973
Creditors: amounts falling due within one year
(17,080)
Net current liabilities
(15,924)
Total assets less current liabilities
9,670
Creditors: amounts falling due after more than one year
(25,000)
Provisions for liabilities
(3,905)
Called up share capital
100
Profit and loss account
(19,335)
Total shareholders' funds
(19,235)
For the period ending 31 July 2015 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
Approved by the board on 13 April 2016
Alan Connor
Director
Company Registration No. 09118475
A&J Laser Engraving Ltd
Notes to the Abbreviated Accounts
for the period from 7 July 2014 to 31 July 2015
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Computer equipment
25% straight line
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 arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
2
Tangible fixed assets
Plant & machinery
Computer equipment
Total
At 31 July 2015
34,549
-
34,549
Charge for the year
8,651
304
8,955
At 31 July 2015
8,651
304
8,955
At 31 July 2015
25,898
(304)
25,594
A&J Laser Engraving Ltd
Notes to the Abbreviated Accounts
for the period from 7 July 2014 to 31 July 2015
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
Shares issued during the period:
100 Ordinary shares of £1 each
100
