Alan Bradford Haulage Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07001189 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2016

FOR

ALAN BRADFORD HAULAGE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A.J Bradford

Mrs S Bradford

SECRETARY:

Mrs S Bradford

REGISTERED OFFICE:

1-3 Dudley Street

Grimsby

N E LINCOLNSHIRE

DN31 2AW

REGISTERED NUMBER:

07001189 (England and Wales)

ACCOUNTANTS:

Bygott & Co.,

1/3 Dudley Street

Grimsby

N.E. LINCOLNSHIRE

DN31 2AW

BANKERS:

Lloyds Bank Plc.

Mercer Row

Louth

Lincolnshire

LN11 9JH

FIXED ASSETS

Tangible assets

2

42,830

68,930

CURRENT ASSETS

Debtors

42,718

44,336

Cash at bank

19,868

-

62,586

44,336

CREDITORS

Amounts falling due within one year

27,667

32,788

NET CURRENT ASSETS

34,919

11,548

TOTAL ASSETS LESS CURRENT
LIABILITIES

77,749

80,478

PROVISIONS FOR LIABILITIES

8,566

13,786

NET ASSETS

69,183

66,692

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

68,183

65,692

SHAREHOLDERS' FUNDS

69,183

66,692

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 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 24 October 2016 and were signed on its behalf by:

A.J Bradford - 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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Office equipment

-

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 September 2015

132,827

Additions

4,000

Disposals

(27,200

)

At 31 August 2016

109,627

DEPRECIATION

At 1 September 2015

63,897

Charge for year

17,049

Eliminated on disposal

(14,149

)

At 31 August 2016

66,797

NET BOOK VALUE

At 31 August 2016

42,830

At 31 August 2015

68,930

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1,000

Ordinary

1

1,000

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 31st August 2016, the directors are owed £824 by the company. This amount being shown as directors loan

account in the creditors due within one year note to the accounts.

An interim dividend was voted during the year totalling £25,000, with the amount attributable to each director

being £12,500