Company Registration No. 03128934 (England and Wales)
A.S.T. SERVICES LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
A.S.T. SERVICES LIMITED
CONTENTS
Page
Accountants' report
1
Abbreviated balance sheet
2 - 3
Notes to the abbreviated accounts
4 - 5
A.S.T. SERVICES LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF A.S.T. SERVICES LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2015
- 1 -
The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 5 have been prepared.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A.S.T. Services Limited for the year ended 30 September 2015 set out on pages 3 to 10 from the company’s accounting records and from information and explanations you have given us.
It is your duty to ensure that A.S.T. Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A.S.T. Services Limited. You consider that A.S.T. Services Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of A.S.T. Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
TaxAssist Accountants
635 Bath Road
SLOUGH
Berkshire
SL1 6AE
13 June 2016
A.S.T. SERVICES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2015
30 September 2015
- 2 -
2015
2014
Notes
£
£
£
£
Fixed assets
Intangible assets
2
34,533
50,533
Tangible assets
2
79,420
83,026
113,953
133,559
Current assets
Stocks
18,318
16,308
Debtors
27,259
35,109
Cash at bank and in hand
36,812
15,455
82,389
66,872
Creditors: amounts falling due within one year
(91,723)
(116,238)
Net current liabilities
(9,334)
(49,366)
Total assets less current liabilities
104,619
84,193
Creditors: amounts falling due after more than one year
(13,373)
(13,373)
91,246
70,820
Capital and reserves
Called up share capital
3
2
2
Profit and loss account
91,244
70,818
Shareholder's funds
91,246
70,820
A.S.T. SERVICES LIMITED
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2015
30 September 2015
- 3 -
For the financial year ended 30 September 2015 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 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 14 June 2016
Anthony Tucker
Director
Company Registration No. 03128934
A.S.T. SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
- 4 -
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 April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
1.5
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:
Plant and machinery
25% Reducing Balance
Fixtures, fittings & equipment
25% Reducing Balance
Motor vehicles
25% Reducing Balance
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 October 2014
160,000
190,043
350,043
Additions
-
22,867
22,867
At 30 September 2015
160,000
212,910
372,910
Depreciation
At 1 October 2014
109,467
107,017
216,484
Charge for the year
16,000
26,473
42,473
At 30 September 2015
125,467
133,490
258,957
Net book value
At 30 September 2015
34,533
79,420
113,953
At 30 September 2014
50,533
83,026
133,559
A.S.T. SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2015
- 5 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
2 Ordinary of £1 each
2
2