R. E. Fielding Trucking Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03071655 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

R. E. FIELDING TRUCKING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A R Fielding

SECRETARY:

A J Company Formations Limited

REGISTERED OFFICE:

The Coach House

The Square

Sawbridgeworth

Hertfordshire

CM21 9AE

REGISTERED NUMBER:

03071655 (England and Wales)

ACCOUNTANTS:

Ashley James Limited

The Coach House

The Square

Sawbridgeworth

Hertfordshire

CM21 9AE

FIXED ASSETS

Tangible assets

2

311,797

291,996

CURRENT ASSETS

Debtors

494,256

402,654

Cash at bank and in hand

282,221

268,406

776,477

671,060

CREDITORS

Amounts falling due within one year

351,975

276,386

NET CURRENT ASSETS

424,502

394,674

TOTAL ASSETS LESS CURRENT LIABILITIES

736,299

686,670

CREDITORS

Amounts falling due after more than one year

107,756

111,790

NET ASSETS

628,543

574,880

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

628,443

574,780

SHAREHOLDERS' FUNDS

628,543

574,880

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 16 June 2016 and were signed by:

A R Fielding - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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 and 20% on reducing balance

Deferred tax

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

1,128,482

Additions

177,892

Disposals

(123,070

)

At 31 March 2016

1,183,304

DEPRECIATION

At 1 April 2015

836,486

Charge for year

148,416

Eliminated on disposal

(113,395

)

At 31 March 2016

871,507

NET BOOK VALUE

At 31 March 2016

311,797

At 31 March 2015

291,996

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/16

31/3/15

value:

£

£

100

Ordinary

£1

100

100