REGISTERED NUMBER: 05192487 (England and Wales)

A & N CONSULTANCY LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2017

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

K J Coles

Mrs C J Coles

N W Coles

SECRETARY:

Mrs C J Coles

REGISTERED OFFICE:

The Gate House

Stable Lane

Pitsford

Northamptonshire

NN6 9NG

REGISTERED NUMBER:

05192487 (England and Wales)

ACCOUNTANTS:

Phipps Henson McAllister

Chartered Accountants

22-24 Harborough Road

Kingsthorpe

Northampton

NN2 7AZ

FIXED ASSETS

Tangible assets

4

11,207

11,452

Investments

5

141,328

418,946

152,535

430,398

CURRENT ASSETS

Debtors

6

3,070

7,512

Cash at bank

834,545

559,635

837,615

567,147

CREDITORS

Amounts falling due within one year

7

18,053

14,543

NET CURRENT ASSETS

819,562

552,604

TOTAL ASSETS LESS CURRENT LIABILITIES

972,097

983,002

PROVISIONS FOR LIABILITIES

2,209

2,141

NET ASSETS

969,888

980,861

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

2,400

-

Retained earnings

967,388

980,761

SHAREHOLDERS' FUNDS

969,888

980,861

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 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 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 Board of Directors on 30 November 2017 and were signed on its behalf by:

K J Coles - Director

1.	STATUTORY INFORMATION

A & N Consultancy 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

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.

Fixtures,fittings and equipment

-

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 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.

Debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at

transaction price. Any losses arising from impairment are recognised in the profit and loss account in other

administrative expenses.

Investments

Investments in listed shares are included at their fair value at the balance sheet date. Other investments are

included at cost less impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.	TANGIBLE FIXED ASSETS

Fixtures,fittings

and

equipment

£

COST

At 1 August 2016

39,795

Additions

3,496

At 31 July 2017

43,291

DEPRECIATION

At 1 August 2016

28,343

Charge for year

3,741

At 31 July 2017

32,084

NET BOOK VALUE

At 31 July 2017

11,207

At 31 July 2016

11,452

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 August 2016

418,946

Additions

20,007

Disposals

(300,025

)

Fair value adjustment

2,400

At 31 July 2017

141,328

NET BOOK VALUE

At 31 July 2017

141,328

At 31 July 2016

418,946

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

2,400

2,400

Other debtors

57

424

Directors' current accounts

-

1,388

Prepayments

613

3,300

3,070

7,512

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

390

9,013

Other creditors

17,663

5,530

18,053

14,543

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

100

Ordinary

£1

100

100

9.	ULTIMATE CONTROLLING PARTY

The controlling party is K J Coles.

10.	TRANSITION TO FRS 102 1A

This is the first year that the company has presented its results under FRS 102 1A. The last financial statements

under UK GAAP were for the year ended 31 July 2016. The date of transition to FRS 102 1A was 1 August 2015.

No accounting policies have changed and no adjustments made due to the change.