REGISTERED NUMBER: 06164591 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

A & N Lettings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Rooke

REGISTERED OFFICE:

219 Hoylake Road

Moreton

Wirral

CH46 0SJ

REGISTERED NUMBER:

06164591 (England and Wales)

FIXED ASSETS

Intangible assets

4

169,467

193,869

Tangible assets

5

42,203

49,693

Investments

6

-

100

211,670

243,662

CURRENT ASSETS

Debtors

7

1,874

1,536

Cash at bank

7,997

1,101

9,871

2,637

CREDITORS

Amounts falling due within one year

8

114,671

120,251

NET CURRENT LIABILITIES

(104,800

)

(117,614

)

TOTAL ASSETS LESS CURRENT LIABILITIES

106,870

126,048

CREDITORS

Amounts falling due after more than one year

9

48,774

87,077

NET ASSETS

58,096

38,971

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

57,996

38,871

SHAREHOLDERS' FUNDS

58,096

38,971

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 16 August 2017 and were signed by:

A Rooke - Director

1.	STATUTORY INFORMATION

A & N Lettings 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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Franchise fee are being amortised evenly over their estimated useful life of nil years.

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 etc

-

33% on cost, 25% on reducing balance and 20% 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 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.

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 profit or loss over the relevant period. The capital

element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

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 9 .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2016

and 31 March 2017

226,904

29,751

256,655

AMORTISATION

At 1 April 2016

41,599

21,187

62,786

Charge for year

22,690

1,712

24,402

At 31 March 2017

64,289

22,899

87,188

NET BOOK VALUE

At 31 March 2017

162,615

6,852

169,467

At 31 March 2016

185,305

8,564

193,869

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2016

52,204

11,395

11,050

4,954

79,603

Additions

-

297

-

-

297

At 31 March 2017

52,204

11,692

11,050

4,954

79,900

DEPRECIATION

At 1 April 2016

10,933

8,115

6,706

4,156

29,910

Charge for year

5,159

894

1,086

648

7,787

At 31 March 2017

16,092

9,009

7,792

4,804

37,697

NET BOOK VALUE

At 31 March 2017

36,112

2,683

3,258

150

42,203

At 31 March 2016

41,271

3,280

4,344

798

49,693

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2016

and 31 March 2017

9,094

DEPRECIATION

At 1 April 2016

6,217

Charge for year

719

At 31 March 2017

6,936

NET BOOK VALUE

At 31 March 2017

2,158

At 31 March 2016

2,877

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2016

100

Disposals

(100

)

At 31 March 2017

-

NET BOOK VALUE

At 31 March 2017

-

At 31 March 2016

100

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Other debtors

1,874

1,536

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Bank loans and overdrafts

28,736

32,082

Hire purchase contracts

198

1,188

Trade creditors

1,959

6,601

Taxation and social security

27,801

26,707

Other creditors

55,977

53,673

114,671

120,251

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.17

31.3.16

£

£

Bank loans

16,365

31,972

Hire purchase contracts

-

198

Other creditors

32,409

54,907

48,774

87,077

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.17

31.3.16

£

£

Bank loans

38,229

55,732