REGISTERED NUMBER: 05153225 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2016

FOR

A GRADE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTOR:

M L Hall

SECRETARY:

REGISTERED OFFICE:

3 Bijou Cottages

Haine Road

Ramsgate

Kent

CT12 5AE

REGISTERED NUMBER:

05153225 (England and Wales)

ACCOUNTANTS:

J Michael & Co Ltd

Chartered Accountants

274 Northdown Road

Margate

Kent

CT9 2PT

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

834

1,092

834

1,092

CURRENT ASSETS

Cash at bank

6,553

3,008

CREDITORS

Amounts falling due within one year

7,580

4,273

NET CURRENT LIABILITIES

(1,027

)

(1,265

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(193

)

(173

)

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

(195

)

(175

)

SHAREHOLDERS' FUNDS

(193

)

(173

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 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.

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 13 March 2017 and were signed by:

M L Hall - Director

1.	ACCOUNTING POLICIES

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

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

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 reducing balance and 15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

8,000

AMORTISATION

At 1 July 2015

and 30 June 2016

8,000

NET BOOK VALUE

At 30 June 2016

-

At 30 June 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

10,122

DEPRECIATION

At 1 July 2015

9,030

Charge for year

258

At 30 June 2016

9,288

NET BOOK VALUE

At 30 June 2016

834

At 30 June 2015

1,092

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

£

2

Ordinary

Shares

£1

2

2

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of A Grade Ltd for the year ended 30 June 2016 which comprise the Profit and Loss Account, the

Balance Sheet and the related notes from the company's accounting records and from information and explanations you

have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of A Grade Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A Grade Ltd and state those matters that we have agreed to state to the director of A Grade Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A Grade Ltd director for our work or for this report.

It is your duty to ensure that A Grade Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of A Grade Ltd. You consider that A Grade Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A Grade Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

J Michael & Co Ltd

Chartered Accountants

274 Northdown Road

Margate

Kent

CT9 2PT

13 March 2017