IRIS Accounts Production v17.2.1.52 01093145 director 1.2.16 31.1.17 31.1.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure010931452016-01-31010931452017-01-31010931452016-02-012017-01-31010931452015-01-31010931452015-02-012016-01-31010931452016-01-3101093145ns15:EnglandWales2016-02-012017-01-3101093145ns14:PoundSterling2016-02-012017-01-3101093145ns10:Director12016-02-012017-01-3101093145ns10:PrivateLimitedCompanyLtd2016-02-012017-01-3101093145ns10:SmallEntities2016-02-012017-01-3101093145ns10:AuditExempt-NoAccountantsReport2016-02-012017-01-3101093145ns10:SmallCompaniesRegimeForDirectorsReport2016-02-012017-01-3101093145ns10:SmallCompaniesRegimeForAccounts2016-02-012017-01-3101093145ns10:FullAccounts2016-02-012017-01-3101093145ns10:CompanySecretary12016-02-012017-01-3101093145ns10:RegisteredOffice2016-02-012017-01-3101093145ns5:CurrentFinancialInstruments2017-01-3101093145ns5:CurrentFinancialInstruments2016-01-3101093145ns5:Non-currentFinancialInstruments2017-01-3101093145ns5:Non-currentFinancialInstruments2016-01-3101093145ns5:ShareCapital2017-01-3101093145ns5:ShareCapital2016-01-3101093145ns5:RetainedEarningsAccumulatedLosses2017-01-3101093145ns5:RetainedEarningsAccumulatedLosses2016-01-3101093145ns5:PlantMachinery2016-02-012017-01-3101093145ns5:LandBuildings2016-01-3101093145ns5:PlantMachinery2016-01-3101093145ns5:LandBuildings2016-02-012017-01-3101093145ns5:LandBuildings2017-01-3101093145ns5:PlantMachinery2017-01-3101093145ns5:LandBuildings2016-01-3101093145ns5:PlantMachinery2016-01-3101093145ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-01-3101093145ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-01-31


REGISTERED NUMBER: 01093145 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2017

FOR

A & I FRASER LTD

A & I FRASER LTD (REGISTERED NUMBER: 01093145)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A & I FRASER LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2017







DIRECTOR: J Fraser





SECRETARY: I Fraser





REGISTERED OFFICE: Northwood House
138 Bromham Road
Bedford
MK40 2QW





REGISTERED NUMBER: 01093145 (England and Wales)





ACCOUNTANTS: Garner Associates LLP
Northwood House
138 Bromham Road
Bedford
Bedfordshire
MK40 2QW

A & I FRASER LTD (REGISTERED NUMBER: 01093145)

BALANCE SHEET
31 JANUARY 2017

31.1.17 31.1.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 696,442 660,062

CURRENT ASSETS
Stocks 231,145 188,795
Debtors 5 30,808 12,530
261,953 201,325
CREDITORS
Amounts falling due within one year 6 447,196 370,565
NET CURRENT LIABILITIES (185,243 ) (169,240 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

511,199

490,822

CREDITORS
Amounts falling due after more than one year 7 325,082 286,019
NET ASSETS 186,117 204,803

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 186,017 204,703
SHAREHOLDERS' FUNDS 186,117 204,803

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

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

The director acknowledges his 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.

A & I FRASER LTD (REGISTERED NUMBER: 01093145)

BALANCE SHEET - continued
31 JANUARY 2017


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 25 October 2017 and were signed by:





J Fraser - Director


A & I FRASER LTD (REGISTERED NUMBER: 01093145)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2017


1. STATUTORY INFORMATION

A & I Fraser 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 etc - 25% on cost and 15% 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

A & I FRASER LTD (REGISTERED NUMBER: 01093145)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2017


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2016 658,991 468,580 1,127,571
Additions 56,000 74,483 130,483
Disposals - (60,200 ) (60,200 )
At 31 January 2017 714,991 482,863 1,197,854
DEPRECIATION
At 1 February 2016 143,692 323,817 467,509
Charge for year 16,065 44,928 60,993
Eliminated on disposal - (27,090 ) (27,090 )
At 31 January 2017 159,757 341,655 501,412
NET BOOK VALUE
At 31 January 2017 555,234 141,208 696,442
At 31 January 2016 515,299 144,763 660,062

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.17 31.1.16
£    £   
Trade debtors 19,097 8,248
Other debtors 11,711 4,282
30,808 12,530

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.17 31.1.16
£    £   
Bank loans and overdrafts 186,177 163,662
Trade creditors 35,549 12,296
Taxation and social security 1,827 23
Other creditors 223,643 194,584
447,196 370,565

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.17 31.1.16
£    £   
Bank loans 301,752 262,503
Other creditors 23,330 23,516
325,082 286,019

A & I FRASER LTD (REGISTERED NUMBER: 01093145)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2017


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.1.17 31.1.16
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Mortgage over 5 years 221,355 180,386