Company Registration No. 07223049 (England and Wales)
ALL ANGLES ENTERPRISES LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2016
ALL ANGLES ENTERPRISES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
ALL ANGLES ENTERPRISES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2016
30 April 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
179
442
Current assets
Stocks
46,000
45,000
Debtors
37
-
Cash at bank and in hand
3,981
6,146
50,018
51,146
Creditors: amounts falling due within one year
(43,650)
(44,630)
Net current assets
6,368
6,516
Total assets less current liabilities
6,547
6,958
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
6,546
6,957
Shareholders' funds
6,547
6,958
For the financial year ended 30 April 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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 9 January 2017
Mr M Osment
Director
Company Registration No. 07223049
ALL ANGLES ENTERPRISES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT 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 less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
2
Fixed assets
Tangible
£
Cost
At 1 May 2015 & at 30 April 2016
1,565
Depreciation
At 1 May 2015
1,123
Charge for the year
263
At 30 April 2016
1,386
Net book value
At 30 April 2016
179
At 30 April 2015
442
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary of £1 each
1
1