Arben Precision Sheet Metal Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06435297 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

ARBEN PRECISION SHEET METAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S G Burtenshaw

SECRETARY:

P I Coxon

REGISTERED OFFICE:

204 Bedford Avenue

Slough

Berkshire

SL1 4RY

REGISTERED NUMBER:

06435297 (England and Wales)

ACCOUNTANTS:

Wentworths & Associates Limited

White Hart House

Silwood Road

Ascot

Berkshire

SL5 0PY

FIXED ASSETS

Tangible assets

2

33,056

42,442

CURRENT ASSETS

Stocks

29,815

34,868

Debtors

368,240

423,495

Cash at bank

133,220

112,558

531,275

570,921

CREDITORS

Amounts falling due within one year

157,169

245,079

NET CURRENT ASSETS

374,106

325,842

TOTAL ASSETS LESS CURRENT
LIABILITIES

407,162

368,284

CAPITAL AND RESERVES

Called up share capital

3

100

Share premium

25,000

Profit and loss account

382,062

343,184

SHAREHOLDERS' FUNDS

407,162

368,284

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 21 December 2016 and were signed by:

S G Burtenshaw - 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 etc

-

25% on cost and 20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 April 2015

and 31 March 2016

137,835

DEPRECIATION

At 1 April 2015

95,393

Charge for year

9,386

At 31 March 2016

104,779

NET BOOK VALUE

At 31 March 2016

33,056

At 31 March 2015

42,442

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100