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REGISTERED NUMBER: 02391092 (England and Wales)
























FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

A & D ASSOCIATES LIMITED

A & D ASSOCIATES LIMITED (REGISTERED NUMBER: 02391092)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


A & D ASSOCIATES LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2018







DIRECTORS: A M Gale
A H M Gale



SECRETARY: A H M Gale



REGISTERED OFFICE: Masons Place
Doniford Road
Williton
TAUNTON
Somerset
TA4 4SG



REGISTERED NUMBER: 02391092 (England and Wales)



ACCOUNTANTS: Alan Gale & Co.
Incorporated Financial Accountants
Masons Place
Doniford Road
Williton
TAUNTON
Somerset
TA4 4SG



BANKERS: Lloyds Bank Plc
Fore Street
Williton
TAUNTON
Somerset
TA4 4QF

A & D ASSOCIATES LIMITED (REGISTERED NUMBER: 02391092)

BALANCE SHEET
31 March 2018

2018 2017
Notes £    £   
CURRENT ASSETS
Work in progress 2,565 400
Debtors 5 4,638 12,145
Cash at bank and in hand 4,629 5,950
11,832 18,495
CREDITORS
Amounts falling due within one year 6 3,620 8,143
NET CURRENT ASSETS 8,212 10,352
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,212

10,352

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,112 10,252
SHAREHOLDERS' FUNDS 8,212 10,352

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 20 April 2018 and were signed on its behalf by:





A M Gale - Director


A & D ASSOCIATES LIMITED (REGISTERED NUMBER: 02391092)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

A & D Associates Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing work in progress to their present location and condition.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 April 2017
and 31 March 2018 6,249
DEPRECIATION
At 1 April 2017
and 31 March 2018 6,249
NET BOOK VALUE
At 31 March 2018 -
At 31 March 2017 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 3,600 11,436
Other debtors 1,038 709
4,638 12,145

A & D ASSOCIATES LIMITED (REGISTERED NUMBER: 02391092)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Corporation tax - 316
VAT 3,082 2,435
Client deposits - 4,583
Directors' loan accounts 111 207
Accruals 427 602
3,620 8,143