REGISTERED NUMBER: 04458567 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2018

FOR

A & J ACCOUNTANCY LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs J M Hough

SECRETARY:

Mrs J M Hough

REGISTERED OFFICE:

6 Cleves Cresent

Tudor Park

Cheslyn Hay

Walsall

West Midlands

WS67LR

REGISTERED NUMBER:

04458567 (England and Wales)

ACCOUNTANTS:

A & J ACCOUNTANCY LIMITED

6 Cleves Crescent

Tudor Park

Cheslyn Hay

Walsall

West Midlands

WS67LR

FIXED ASSETS

Property, plant and equipment

4

188

251

CURRENT ASSETS

Cash at bank

471

527

CREDITORS

Amounts falling due within one year

5

579

684

NET CURRENT LIABILITIES

(108

)

(157

)

TOTAL ASSETS LESS CURRENT LIABILITIES

80

94

PROVISIONS FOR LIABILITIES

35

50

NET ASSETS

45

44

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

44

43

SHAREHOLDERS' FUNDS

45

44

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 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 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 8 March 2019 and were signed by:

Mrs J M Hough - Director

1.	STATUTORY INFORMATION

A & J ACCOUNTANCY LIMITED 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

Revenue 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 reducing balance

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 statement of financial position date.

Deferred tax

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

the statement of financial position 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 1 (2017 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 July 2017

and 30 June 2018

3,426

DEPRECIATION

At 1 July 2017

3,175

Charge for year

63

At 30 June 2018

3,238

NET BOOK VALUE

At 30 June 2018

188

At 30 June 2017

251

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Taxation and social security

433

535

Other creditors

146

149

579

684

6.	RELATED PARTY DISCLOSURES

During the year, total dividends of £1,800 (2017 - £2,100) were paid to the director .

The company was under the control of J M Hough during the year. She owns 100% of the company's

Issued Ordinary Share Capital.