A. & M.E. SAWDON & SON LTD - Accounts to registrar (filleted)

REGISTERED NUMBER: 04802749 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2017

for

A. & M.E. SAWDON & SON LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTORS:

A Sawdon

Mrs M E Sawdon

P Sawdon

SECRETARY:

Miss M E Sawdon

REGISTERED OFFICE:

2 Hallgarth

Pickering

North Yorkshire

YO18 7AW

REGISTERED NUMBER:

04802749 (England and Wales)

ACCOUNTANTS:

Hallgarth Accountants Ltd

2 Hallgarth

Pickering

North Yorkshire

YO18 7AW

FIXED ASSETS

Tangible assets

4

208,822

209,430

CURRENT ASSETS

Stocks

3,000

Debtors

5

191,251

193,643

Cash at bank

23,051

43,388

217,302

240,031

CREDITORS

Amounts falling due within one year

6

68,207

97,601

NET CURRENT ASSETS

149,095

142,430

TOTAL ASSETS LESS CURRENT
LIABILITIES

357,917

351,860

PROVISIONS FOR LIABILITIES

41,766

41,886

NET ASSETS

316,151

309,974

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

316,051

309,874

SHAREHOLDERS' FUNDS

316,151

309,974

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 29 March 2018 and were signed on its behalf by:

A Sawdon - Director

1.	STATUTORY INFORMATION

A. & M.E. SAWDON & SON 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent

that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted

or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 July 2016

361,786

72,209

634

434,629

Additions

34,685

24,650

-

59,335

Disposals

(25,000

)

(19,500

)

-

(44,500

)

At 30 June 2017

371,471

77,359

634

449,464

DEPRECIATION

At 1 July 2016

181,358

43,568

273

225,199

Charge for year

28,217

9,844

54

38,115

Eliminated on disposal

(9,937

)

(12,735

)

-

(22,672

)

At 30 June 2017

199,638

40,677

327

240,642

NET BOOK VALUE

At 30 June 2017

171,833

36,682

307

208,822

At 30 June 2016

180,428

28,641

361

209,430

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

Trade debtors

186,513

172,302

Amounts recoverable on contract

4,738

21,341

191,251

193,643

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

Trade creditors

22,503

21,435

Taxation and social security

28,859

44,566

Other creditors

16,845

31,600

68,207

97,601

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year to 30th June 2017, an amount of £2500 (2016: £2500) was paid to A & M E Sawdon in respect of land used by the company in the course of its trade.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited

financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet.

Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are

not required to be filed with the Registrar of Companies.

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. & M.E. SAWDON & SON LTD for the year ended 30 June 2017 which comprise the Statement of Income and

Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of A. & M.E. SAWDON & SON LTD, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A. & M.E. SAWDON & SON LTD and state those matters that we have agreed to state to the Board of Directors of A. & M.E. SAWDON & SON LTD, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A. & M.E. SAWDON & SON LTD and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A. & M.E. SAWDON & SON LTD 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. & M.E. SAWDON & SON LTD. You consider that A. & M.E. SAWDON & SON LTD 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. & M.E. SAWDON & SON LTD. 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.

Hallgarth Accountants Ltd

2 Hallgarth

Pickering

North Yorkshire

YO18 7AW

29 March 2018