Abbreviated Company Accounts - A.N. STANDARD LIMITED

A.N. STANDARD LIMITED - Company Information

02170389 A.N. STANDARD LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 02170389 2015-01-01 2015-12-31 02170389 2015-12-31 02170389 2014-12-31 02170389 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 02170389 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 02170389

A.N. STANDARD LIMITED

Abbreviated Accounts

31 December 2015

A.N. STANDARD LIMITED Registered Number 02170389

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	11,035	12,249
		11,035	12,249
Current assets
Stocks		29,065	32,825
Debtors		144,678	140,122
Cash at bank and in hand		7,129	-
		180,872	172,947
Creditors: amounts falling due within one year		(160,865)	(154,368)
Net current assets (liabilities)		20,007	18,579
Total assets less current liabilities		31,042	30,828
Total net assets (liabilities)		31,042	30,828
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		30,942	30,728
Shareholders' funds		31,042	30,828

For the year ending 31 December 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 28 September 2016

And signed on their behalf by:
MR R DOAL, Director

A.N. STANDARD LIMITED Registered Number 02170389

Notes to the Abbreviated Accounts for the period ended 31 December 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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.
Depreciation
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:
Leasehold Property - 10% Reducing balance
Plant & Machinery - 25% Reducing balance
Fixtures & Fittings - 25% Reducing balance
Motor vehicles - 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2015	311,421
Additions	1,242
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	312,663
Depreciation
At 1 January 2015	299,172
Charge for the year	2,456
On disposals	-
At 31 December 2015	301,628
Net book values
At 31 December 2015	11,035
At 31 December 2014	12,249

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100