A. Mellor (Recycling) Limited - Period Ending 2017-05-31

Registration number: 07023944

A. Mellor (Recycling) Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 May 2016
 

A. Mellor (Recycling) Limited
(Registration number: 07023944)
Abbreviated Balance Sheet at 31 May 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					12,722			16,961
Current assets
Debtors					21,799			22,984
Cash at bank and in hand					740			1,392
					22,539			24,376
Creditors: Amounts falling due within one year					(35,044)			(39,961)
Net current liabilities					(12,505)			(15,585)
Net assets					217			1,376
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					117			1,276
Shareholders' funds					217			1,376

For the year ending 31 May 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 director acknowledges his 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 director on 22 February 2017

Mr A Mellor
Director

A. Mellor (Recycling) Limited
Notes to the Abbreviated Accounts for the Year Ended 31 May 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance
Motor vehicles	25% reducing balance
Office equipment	25% straight line

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 June 2015		62,775			62,775
At 31 May 2016		62,775			62,775
Depreciation
At 1 June 2015		45,814			45,814
Charge for the year		4,239			4,239
At 31 May 2016		50,053			50,053
Net book value
At 31 May 2016		12,722			12,722
At 31 May 2015		16,961			16,961

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		100			100			100			100