REGISTERED NUMBER: 04220095 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2017

for

Aardwolf Products Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D Marsh

Mrs L Marsh

SECRETARY:

Mrs L Marsh

REGISTERED OFFICE:

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

REGISTERED NUMBER:

04220095 (England and Wales)

ACCOUNTANTS:

Harts Limited

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

FIXED ASSETS

Intangible assets

4

44

87

Tangible assets

5

1,330

789

1,374

876

CURRENT ASSETS

Debtors

6

110,099

75,306

Cash at bank

9

1,453

110,108

76,759

CREDITORS

Amounts falling due within one year

7

(95,881

)

(77,511

)

NET CURRENT ASSETS/(LIABILITIES)

14,227

(752

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,601

124

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

15,600

123

SHAREHOLDERS' FUNDS

15,601

124

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 30 April 2018 and were signed on its behalf by:

Mr D Marsh - Director

1.	STATUTORY INFORMATION

Aardwolf Products Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These financial statements for the year ended 31 July 2017 are the first financial statements that comply with

FRS 102 Section 1A for small entities. The date of transition is 1 August 2015.

The transition to FRS 102 Section 1A for small entities has resulted in no changes to the financial statements.

Turnover

Turnover is recognised when the company obtains the right to consideration.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 August 2016

and 31 July 2017

382

AMORTISATION

At 1 August 2016

295

Amortisation for year

43

At 31 July 2017

338

NET BOOK VALUE

At 31 July 2017

44

At 31 July 2016

87

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 August 2016

8,698

Additions

1,464

At 31 July 2017

10,162

DEPRECIATION

At 1 August 2016

7,909

Charge for year

923

At 31 July 2017

8,832

NET BOOK VALUE

At 31 July 2017

1,330

At 31 July 2016

789

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Other debtors

110,099

75,306

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Bank loans and overdrafts

4,843

-

Taxation and social security

89,417

75,939

Other creditors

1,621

1,572

95,881

77,511

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2017 and

31 July 2016:

31.7.17

31.7.16

£

£

Mr D Marsh

Balance outstanding at start of year

61,170

61,238

Amounts advanced

69,539

67,932

Amounts repaid

(30,000

)

(68,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

100,709

61,170