Abbreviated Company Accounts - AQUALLA BRASSWARE LTD

AQUALLA BRASSWARE LTD - Company Information

NI608481 AQUALLA BRASSWARE LTD 2016-08-31 false 2015-09-01 2016-08-31 true NI608481 2015-09-01 2016-08-31 NI608481 2016-08-31 NI608481 2015-08-31 NI608481 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 NI608481 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number NI608481

AQUALLA BRASSWARE LTD

Abbreviated Accounts

31 August 2016

AQUALLA BRASSWARE LTD Registered Number NI608481

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	29,200	14,252
		29,200	14,252
Current assets
Stocks		341,710	242,411
Debtors		434,564	216,321
Cash at bank and in hand		13,046	60,927
		789,320	519,659
Creditors: amounts falling due within one year	3	(280,674)	(236,908)
Net current assets (liabilities)		508,646	282,751
Total assets less current liabilities		537,846	297,003
Creditors: amounts falling due after more than one year	3	(19,777)	(14,147)
Provisions for liabilities		(5,751)	(2,739)
Total net assets (liabilities)		512,318	280,117
Capital and reserves
Called up share capital	4	64,000	64,000
Profit and loss account		448,318	216,117
Shareholders' funds		512,318	280,117

For the year ending 31 August 2016 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 December 2016

And signed on their behalf by:
Steven Allaway, Director

AQUALLA BRASSWARE LTD Registered Number NI608481

Notes to the Abbreviated Accounts for the period ended 31 August 2016

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 and settlement 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: Office equipment: 10% or 25% straight line. Motor vehicle 20%.

2Tangible fixed assets

	£
Cost
At 1 September 2015	17,452
Additions	19,362
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	36,814
Depreciation
At 1 September 2015	3,200
Charge for the year	4,414
On disposals	-
At 31 August 2016	7,614
Net book values
At 31 August 2016	29,200
At 31 August 2015	14,252

3Creditors

	2016 £	2015 £
Secured Debts	19,777	10,680
Instalment debts due after 5 years	0	14,147

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
64,000 Ordinary shares of £1 each	64,000	64,000