Abbreviated Company Accounts - ADH SHIPWRIGHT LIMITED

Abbreviated Company Accounts - ADH SHIPWRIGHT LIMITED


Registered Number 04329734

ADH SHIPWRIGHT LIMITED

Abbreviated Accounts

30 November 2015

ADH SHIPWRIGHT LIMITED Registered Number 04329734

Abbreviated Balance Sheet as at 30 November 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,389 1,224
1,389 1,224
Current assets
Debtors 368 19,270
Cash at bank and in hand 88,351 29,265
88,719 48,535
Creditors: amounts falling due within one year (68,310) (35,171)
Net current assets (liabilities) 20,409 13,364
Total assets less current liabilities 21,798 14,588
Total net assets (liabilities) 21,798 14,588
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 21,796 14,586
Shareholders' funds 21,798 14,588
  • For the year ending 30 November 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 31 August 2016

And signed on their behalf by:
Mr Andrew Hand, Director

ADH SHIPWRIGHT LIMITED Registered Number 04329734

Notes to the Abbreviated Accounts for the period ended 30 November 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
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 - 15% reducing balance
Computer equipment - 3 years straight line
Motor vehicles - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 December 2014 10,556
Additions 580
Disposals -
Revaluations -
Transfers -
At 30 November 2015 11,136
Depreciation
At 1 December 2014 9,332
Charge for the year 415
On disposals -
At 30 November 2015 9,747
Net book values
At 30 November 2015 1,389
At 30 November 2014 1,224
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
2Ordinary shares of £1 each 2 2