REGISTERED NUMBER: 06295637 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 March 2017

for

Aaron Critchlow Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Aaron Joseph Wilson Critchlow

Victoria Critchlow

SECRETARY:

Victoria Critchlow

REGISTERED OFFICE:

Sunny Lea

The Firs

Monyash Road

Bakewell

Derbyshire

DE45 1QY

REGISTERED NUMBER:

06295637 (England and Wales)

ACCOUNTANTS:

Pedley & Co.

Chartered Certified Accountants

82 Nottingham Road

Somercotes

Alfreton

Derbyshire

DE55 4LY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

5,072

6,762

5,072

6,762

CURRENT ASSETS

Cash at bank

-

4,590

CREDITORS

Amounts falling due within one year

6

5,836

13,061

NET CURRENT LIABILITIES

(5,836

)

(8,471

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(764

)

(1,709

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(766

)

(1,711

)

SHAREHOLDERS' FUNDS

(764

)

(1,709

)

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 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 22 November 2017 and were signed on its behalf by:

Aaron Joseph Wilson Critchlow - Director

1.	STATUTORY INFORMATION

Aaron Critchlow 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 2007, is being amortised evenly over its estimated useful life of four 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.

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

-

25% on reducing balance

Motor vehicles

-

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2016

and 31 March 2017

20,000

AMORTISATION

At 1 April 2016

and 31 March 2017

20,000

NET BOOK VALUE

At 31 March 2017

-

At 31 March 2016

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2016

and 31 March 2017

2,217

7,440

1,302

10,959

DEPRECIATION

At 1 April 2016

1,872

1,860

465

4,197

Charge for year

86

1,395

209

1,690

At 31 March 2017

1,958

3,255

674

5,887

NET BOOK VALUE

At 31 March 2017

259

4,185

628

5,072

At 31 March 2016

345

5,580

837

6,762

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

2,766

5,930

Trade creditors

700

1,351

Taxation and social security

1,914

5,393

Other creditors

456

387

5,836

13,061