Registered Number 04875667
A R BOLAND LIMITED
Abbreviated Accounts
31 October 2015
Notes | 2015 | 2014 | |
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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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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
Turnover policy
Tangible assets depreciation policy
Plant and machinery - 15% straight line
Motor vehicles - 25% straight line
Tangible fixed assets are stated at cost less accumulated depreciation.
Other accounting policies
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.
Rentals payable under operating leases are charged against income on a straight line basis over the lease term
£ | |
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Cost | |
At 1 November 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 October 2015 |
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Amortisation | |
At 1 November 2014 |
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Charge for the year |
|
On disposals |
|
At 31 October 2015 |
|
Net book values | |
At 31 October 2015 | 0 |
At 31 October 2014 | 0 |
£ | |
---|---|
Cost | |
At 1 November 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 October 2015 |
|
Depreciation | |
At 1 November 2014 |
|
Charge for the year |
|
On disposals |
|
At 31 October 2015 |
|
Net book values | |
At 31 October 2015 | 17,004 |
At 31 October 2014 | 14,870 |
5 Transactions with directors
Name of director receiving advance or credit: |
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Description of the transaction: |
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Balance at 1 November 2014: | £ |
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Advances or credits made: | £ |
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Advances or credits repaid: | £ |
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Balance at 31 October 2015: | £ |