Registered Number 05074747
A & S BAINS LIMITED
Abbreviated Accounts
30 April 2016
Notes | 2016 | 2015 | |
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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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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 2 |
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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
Reporting Standard for Smaller Entities (effective January 2015).
Turnover policy
Other accounting policies
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Stock :
Stock is valued at the lower of cost and net realisable value.
Related party transactions :
During the year company, has paid Rent and service charge of £4,500 (2015: £4,500) to Dhillon Wines, a partnership firm, in which the directors are interested as partners. All the above transactions are considered at arm's length.