All Appliance Repairs Manchester Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08806088 (England and Wales)

ALL APPLIANCE REPAIRS MANCHESTER LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Forrest

L M Forrest

REGISTERED OFFICE:

The Exchange

5 Bank Street

Bury

Lancashire

BL9 0DN

REGISTERED NUMBER:

08806088 (England and Wales)

ACCOUNTANTS:

DTE Business Advisers Limited

Chartered Accountants

The Exchange

5 Bank Street

Bury

BL9 0DN

FIXED ASSETS

Tangible assets

2

9,064

9,283

CURRENT ASSETS

Debtors

7,289

-

Cash at bank

739

513

8,028

513

CREDITORS

Amounts falling due within one year

(13,899

)

(4,812

)

NET CURRENT LIABILITIES

(5,871

)

(4,299

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,193

4,984

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

3,191

4,982

SHAREHOLDERS' FUNDS

3,193

4,984

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 28 September 2016 and were signed on its behalf
by:

L M Forrest - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The directors are confident that the company will continue to generate sufficient revenues to ensure that the

required financial resources are available to meet its day to day working capital commitments.

Having considered all of the relevant business risks, the directors are satisfied that the company is a going

concern and that the financial statements have been correctly prepared on this basis.

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).

Revenue

Turnover comprises the aggregate of the fair value of the sale of goods and services provided.

Sale of goods are recognised when the company has delivered the products to the customers. Service revenues

are recognised as those services are provided to customers.

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

-

20% straight line

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the

balance sheet date. Deferred tax assets are recognised to the extent that it is considered more likely than not that

they will be recovered.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

12,100

Additions

2,211

At 31 December 2015

14,311

DEPRECIATION

At 1 January 2015

2,817

Charge for year

2,430

At 31 December 2015

5,247

NET BOOK VALUE

At 31 December 2015

9,064

At 31 December 2014

9,283

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2015

2014

value:

£

2

Ordinary

£1

2