REGISTERED NUMBER: 04926277 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2017

for

A & P E Baker Ltd

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mrs P E Baker

S Sherratt

SECRETARY:

Mrs P E Baker

REGISTERED OFFICE:

6 Station View

Rhino Court

Hazel Grove

Stockport

Cheshire

SK7 5ER

REGISTERED NUMBER:

04926277 (England and Wales)

ACCOUNTANTS:

IN Accountancy Limited

6 Station View

Bramhall Moor Lane

Hazel Grove

Stockport

Cheshire

SK7 5ER

FIXED ASSETS

Tangible assets

4

21,627

20,539

CURRENT ASSETS

Stocks

98,201

87,500

Debtors

5

3,537

3,562

Cash at bank and in hand

128,775

90,709

230,513

181,771

CREDITORS

Amounts falling due within one year

6

98,242

178,141

NET CURRENT ASSETS

132,271

3,630

TOTAL ASSETS LESS CURRENT LIABILITIES

153,898

24,169

CREDITORS

Amounts falling due after more than one year

7

(100,000

)

-

PROVISIONS FOR LIABILITIES

(3,880

)

(3,814

)

NET ASSETS

50,018

20,355

CAPITAL AND RESERVES

Called up share capital

8

102

100

Retained earnings

9

49,916

20,255

SHAREHOLDERS' FUNDS

50,018

20,355

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 8 February 2018 and were signed on its behalf by:

Mrs P E Baker - Director

S Sherratt - Director

1.	STATUTORY INFORMATION

A & P E Baker 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.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 November 2016

63,593

-

63,593

Additions

7,727

4,000

11,727

At 31 October 2017

71,320

4,000

75,320

DEPRECIATION

At 1 November 2016

43,054

-

43,054

Charge for year

9,639

1,000

10,639

At 31 October 2017

52,693

1,000

53,693

NET BOOK VALUE

At 31 October 2017

18,627

3,000

21,627

At 31 October 2016

20,539

-

20,539

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Trade debtors

2,500

2,500

Prepayments

1,037

1,062

3,537

3,562

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Trade creditors

31,592

30,645

Tax

14,857

5,172

Social security and other taxes

1,825

1,605

VAT

838

4,155

Other creditors

15,676

-

Directors' loan accounts

17,246

131,414

Accrued expenses

16,208

5,150

98,242

178,141

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.17

31.10.16

£

£

Other creditors

50,000

-

Directors' loan accounts

50,000

-

100,000

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.17

31.10.16

value:

£

£

100

Ordinary

£1

100

100

1

Ordinary A

£1

1

-

1

Ordinary B

£1

1

-

102

100

The following shares were issued during the year for cash at par :

1 Ordinary A share of £1

1 Ordinary B share of £1

9.

RESERVES

Retained

earnings

£

At 1 November 2016

20,255

Profit for the year

62,961

Dividends

(33,300

)

At 31 October 2017

49,916

10.	TRANSACTIONS WITH DIRECTORS

Mrs P E Baker

The company pays P E Baker, a director, a rent of £3,380 per annum for the use of shop premises at 522

Hempshaw Lane, Stockport.

Mr S Sherratt

During the year the company paid the above named director and his wife £10,508 in respect of interest on

the loans they provided to the company.

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £33,300 (2016 - £23,300) were paid to the directors .

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs P E Baker.