Registered Number 04952495
ANTHONY EDWARDS KITCHENS LIMITED
Abbreviated Accounts
30 November 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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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 |
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Profit and loss account |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Fixtures, fittings & equipment – 15% reducing balance
Tangible assets are stated at cost less accumulated depreciation.
Other accounting policies
Stock is valued at the lower of cost and net realisable value.
Deferred Tax:
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.
Deferred tax is measured on an undiscounted basis at the rates that are expected to apply in the periods in which timing differences reverse, based upon tax rates and laws enacted or substantially enacted at the balance sheet date.
Going concern:
The directors have expressed their continued financial support of the company and therefore consider the going concern basis of accounting to be appropriate. The draft accounts for the year ending 30 November 2017 are currently show a vastly improved profit.
£ | |
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Cost | |
At 1 December 2015 |
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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 30 November 2016 |
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Depreciation | |
At 1 December 2015 |
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Charge for the year |
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On disposals |
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At 30 November 2016 |
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Net book values | |
At 30 November 2016 | 6,634 |
At 30 November 2015 | 6,005 |