Registered Number 04424208
D J GRIFFIN LIMITED
Abbreviated Accounts
30 September 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
( |
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Total assets less current liabilities |
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|
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Provisions for liabilities |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 4 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Uninvoiced deliveries at the year-end are included in accrued income. Invoiced deliveries are included in debtors. Where customers pay in advance for goods, the amount is recorded as deferred income until the goods have been delivered.
Tangible assets depreciation policy
Leasehold land and buildings 10% straight line
Plant and machinery 25% reducing balance
Other accounting policies
Stock is valued at the lower of cost and net realisable value. Cost represents the purchase price of goods. Net realisable value represents the selling price of completed goods less any costs necessary to complete the goods. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.
£ | |
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Cost | |
At 1 October 2015 |
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Additions |
|
Disposals |
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Revaluations |
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Transfers |
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At 30 September 2016 |
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Amortisation | |
At 1 October 2015 |
|
Charge for the year |
|
On disposals |
|
At 30 September 2016 |
|
Net book values | |
At 30 September 2016 | 4,025 |
At 30 September 2015 | 4,725 |
£ | |
---|---|
Cost | |
At 1 October 2015 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 September 2016 |
|
Depreciation | |
At 1 October 2015 |
|
Charge for the year |
|
On disposals |
|
At 30 September 2016 |
|
Net book values | |
At 30 September 2016 | 8,944 |
At 30 September 2015 | 9,317 |