REGISTERED NUMBER: 02069324 (England and Wales)

AARAN ENGINEERING & DESIGN SERVICES

LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr K Jackson

Mr A R Bexon

SECRETARY:

Mrs J Jackson

REGISTERED OFFICE:

14 Park Row

Nottingham

Nottinghamshire

NG1 6GR

REGISTERED NUMBER:

02069324 (England and Wales)

ACCOUNTANTS:

UHY Hacker Young

Chartered Accountants

14 Park Row

Nottingham

NG1 6GR

FIXED ASSETS

Tangible assets

2

26,393

32,731

CURRENT ASSETS

Stocks

450

520

Debtors

313,174

164,839

Cash at bank

130,804

42,397

444,428

207,756

CREDITORS

Amounts falling due within one year

305,218

158,338

NET CURRENT ASSETS

139,210

49,418

TOTAL ASSETS LESS CURRENT LIABILITIES

165,603

82,149

CREDITORS

Amounts falling due after more than one year

(5,729

)

(16,725

)

PROVISIONS FOR LIABILITIES

(5,279

)

(6,546

)

NET ASSETS

154,595

58,878

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

154,395

58,678

SHAREHOLDERS' FUNDS

154,595

58,878

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2015 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 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 Board of Directors on 16th September 2016 and were signed on its behalf by:

Mr K Jackson - 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 and services, excluding value added tax.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 taxation is provided in full in respect of taxation deferred by timing differences between the

treatment of certain items for taxation and accounting purposes. The deferred tax balance has not

been discounted.

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 the profit and loss account over the relevant

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

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2015

64,317

Additions

2,389

At 31st December 2015

66,706

DEPRECIATION

At 1st January 2015

31,586

Charge for year

8,727

At 31st December 2015

40,313

NET BOOK VALUE

At 31st December 2015

26,393

At 31st December 2014

32,731

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

100

Class A

£1

100

100

200

200