REGISTERED NUMBER: SC281025 (Scotland)

A & E Projects Limited

Abbreviated Unaudited Accounts

for the Period

1 September 2015 to 31 October 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A Sacco

SECRETARY:

Whitelaw Wells

REGISTERED OFFICE:

9 Ainslie Place

Edinburgh

Midlothian

EH3 6AT

REGISTERED NUMBER:

SC281025 (Scotland)

ACCOUNTANTS:

Whitelaw Wells

9 Ainslie Place

Edinburgh

Midlothian

EH3 6AT

BANKERS:

The Co-operative Bank Plc

P.O Box 101

1 Balloon Street

Manchester

M60 4EP

FIXED ASSETS

Tangible assets

2

-

167

CURRENT ASSETS

Stocks

-

195

Debtors

1,533

-

Cash at bank and in hand

5,918

8,036

7,451

8,231

CREDITORS

Amounts falling due within one year

4,496

5,686

NET CURRENT ASSETS

2,955

2,545

TOTAL ASSETS LESS CURRENT LIABILITIES

2,955

2,712

PROVISIONS FOR LIABILITIES

-

33

NET ASSETS

2,955

2,679

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

2,855

2,579

SHAREHOLDERS' FUNDS

2,955

2,679

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 5 April 2017 and were signed by:

A Sacco - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company ceased trading on 31st August 2016, therefore the financial statements have been

prepared under the ‘break-up’ basis.

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover and revenue recognition

Turnover represents invoiced sales of yoga and complementary health services. Revenue is

recognised when the class is attended or when the service has been provided.

Tangible fixed assets

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

Equipment and fittings

-

25% on cost

Computer equipment

-

33% on cost

Stocks

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

obsolete and slow moving items.

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 assets are

recognised only to the extent that the directors consider that it is more likely than not that there

will be suitable taxable profits from which the future reversal of the underlying timing differences

can be deducted. 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 on tax rates and laws enacted or

substantively enacted at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

5,384

Disposals

(5,384

)

At 31 October 2016

-

DEPRECIATION

At 1 September 2015

5,217

Eliminated on disposal

(5,217

)

At 31 October 2016

-

NET BOOK VALUE

At 31 October 2016

-

At 31 August 2015

167

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100