REGISTERED NUMBER: 05746738 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

A & Z Accounting Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs C Jackson

REGISTERED OFFICE:

15 Kempton Road

Mansfield

Nottinghamshire

NG18 3FG

REGISTERED NUMBER:

05746738 (England and Wales)

FIXED ASSETS

Intangible assets

4

5,903

8,431

Tangible assets

5

3,774

3,084

9,677

11,515

CURRENT ASSETS

Stocks

4,693

4,308

Debtors

6

22,242

16,594

Prepayments and accrued income

3,026

2,300

Cash at bank and in hand

21,203

6,587

51,164

29,789

CREDITORS

Amounts falling due within one year

7

19,834

6,872

NET CURRENT ASSETS

31,330

22,917

TOTAL ASSETS LESS CURRENT LIABILITIES

41,007

34,432

CREDITORS

Amounts falling due after more than one year

8

(384

)

-

PROVISIONS FOR LIABILITIES

(719

)

-

NET ASSETS

39,904

34,432

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

39,903

34,431

SHAREHOLDERS' FUNDS

39,904

34,432

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

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

The director acknowledges her 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 director on 27 December 2017 and were signed by:

Mrs C Jackson - Director

1.	STATUTORY INFORMATION

A & Z Accounting Services 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.

Turnover

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

discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on reducing balance and 15% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling

costs in bringing stocks to their present location and condition.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held

under finance leases are depreciated over their estimated useful lives or the lease term, whichever is

the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The

capital element of the future payments is treated as a liability.

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 3 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2016

and 31 March 2017

25,272

AMORTISATION

At 1 April 2016

16,841

Charge for year

2,528

At 31 March 2017

19,369

NET BOOK VALUE

At 31 March 2017

5,903

At 31 March 2016

8,431

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

5,991

Additions

2,127

Disposals

(941

)

At 31 March 2017

7,177

DEPRECIATION

At 1 April 2016

2,907

Charge for year

1,082

Eliminated on disposal

(586

)

At 31 March 2017

3,403

NET BOOK VALUE

At 31 March 2017

3,774

At 31 March 2016

3,084

Fixed assets, included in the above, which are held under finance leases are as follows:

Plant and

machinery

etc

£

COST

Additions

769

At 31 March 2017

769

DEPRECIATION

Charge for year

96

At 31 March 2017

96

NET BOOK VALUE

At 31 March 2017

673

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

21,742

15,494

Other debtors

500

1,100

22,242

16,594

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Finance leases

288

-

Trade creditors

465

199

Taxation and social security

15,298

5,513

Other creditors

3,783

1,160

19,834

6,872

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Finance leases

384

-