Abbreviated Company Accounts - AD INSTALLATIONS & CONTRACTING LIMITED

AD INSTALLATIONS & CONTRACTING LIMITED - Company Information

07414348 AD INSTALLATIONS & CONTRACTING LIMITED 2015-10-31 false 2014-11-01 2015-10-31 true 07414348 2014-11-01 2015-10-31 07414348 2015-10-31 07414348 2014-10-31 07414348 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 07414348 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 07414348

AD INSTALLATIONS & CONTRACTING LIMITED

Abbreviated Accounts

31 October 2015

AD INSTALLATIONS & CONTRACTING LIMITED Registered Number 07414348

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	1,228	1,637
		1,228	1,637
Current assets
Debtors		59,988	6,783
Cash at bank and in hand		12,464	-
		72,452	6,783
Creditors: amounts falling due within one year		(166,879)	(82,120)
Net current assets (liabilities)		(94,427)	(75,337)
Total assets less current liabilities		(93,199)	(73,700)
Total net assets (liabilities)		(93,199)	(73,700)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(93,200)	(73,701)
Shareholders' funds		(93,199)	(73,700)

For the year ending 31 October 2015 the company was entitled to exemption 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.

Approved by the Board on 27 July 2016

And signed on their behalf by:
Mr A Davies, Director

AD INSTALLATIONS & CONTRACTING LIMITED Registered Number 07414348

Notes to the Abbreviated Accounts for the period ended 31 October 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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), subject to the departures referred to below.
Based on the deficit which is being addressed in the subsequent trading the director has deemed it appropriate that the financial statements should be prepared on a going concern basis.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Motor Vehicles - 25% straight line
Equipment - 25% reducing balance

Other accounting policies
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

2Tangible fixed assets

	£
Cost
At 1 November 2014	14,369
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	14,369
Depreciation
At 1 November 2014	12,732
Charge for the year	409
On disposals	-
At 31 October 2015	13,141
Net book values
At 31 October 2015	1,228
At 31 October 2014	1,637

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1