Andy Kelly Limited

		2016		2015
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	2		900		1,200

			900		1,200
CURRENT ASSETS
Debtors		4,575		5,973
Cash at bank and in hand		4,932		269

		9,507		6,242
Creditors: Amounts Falling Due Within One Year		(8,005 )		(7,436 )

NET CURRENT ASSETS (LIABILITIES)			1,502		(1,194 )

TOTAL ASSETS LESS CURRENT LIABILITIES			2,402		6

NET ASSETS			2,402		6

CAPITAL AND RESERVES
Called up share capital	3		2		2
Profit and Loss Account			2,400		4

SHAREHOLDERS' FUNDS			2,402		6

Andy Kelly Limited

Company No. 03472264

Abbreviated Balance Sheet (continued) 31 August 2016

For the year ending 31 August 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has 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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

On behalf of the board

Mr Andrew Kelly

19/12/2016

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% reducing balance

2. Tangible Assets


	Total
Cost	£
As at 1 September 2015	2,798

As at 31 August 2016	2,798

Depreciation
As at 1 September 2015	1,598
Provided during the period	300

As at 31 August 2016	1,898

Net Book Value
As at 31 August 2016	900

As at 1 September 2015	1,200

3. Share Capital

	Value	Number	2016	2015
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	2	2	2

4. Transactions With and Loans to Directors

Included within Debtors are the following loans to directors:

The above loan is unsecured, interest free and repayable on demand.

Page 2

Andy Kelly Limited

Notes to the Abbreviated Accounts (continued)

For The Year Ended 31 August 2016

Dividends paid to directors

5. Ultimate Controlling Party

The company's ultimate controlling party is A Kelly by virtue of his ownership of 100% of the issued share capital in the company.