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REGISTERED NUMBER: 02671135 (England and Wales)











A. & R. Electronic Developments Limited

Unaudited Financial Statements

for the Year Ended 31 December 2017






A. & R. Electronic Developments Limited (Registered number: 02671135)

Contents of the Financial Statements
for the Year Ended 31 December 2017










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


A. & R. Electronic Developments Limited

Company Information
for the Year Ended 31 December 2017







DIRECTORS: R Soltysik
A Soltysik





SECRETARY: R Soltysik





REGISTERED OFFICE: Unit 5A Key Point
Keys Park Road
Hednesford
Staffordshire
WS12 2FN





REGISTERED NUMBER: 02671135 (England and Wales)





ACCOUNTANTS: Haines Watts
Sterling House
97 Lichfield Street
Tamworth
Staffordshire
B79 7QF

A. & R. Electronic Developments Limited (Registered number: 02671135)

Statement of Financial Position
31 December 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 628,202 625,736

CURRENT ASSETS
Stocks 6 4,170 4,750
Debtors 7 99,268 94,688
Cash at bank and in hand 593,862 516,580
697,300 616,018
CREDITORS
Amounts falling due within one year 8 58,953 73,972
NET CURRENT ASSETS 638,347 542,046
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,266,549

1,167,782

PROVISIONS FOR LIABILITIES 992 518
NET ASSETS 1,265,557 1,167,264

CAPITAL AND RESERVES
Called up share capital 9 6 6
Capital redemption reserve 10 4 4
Retained earnings 10 1,265,547 1,167,254
SHAREHOLDERS' FUNDS 1,265,557 1,167,264

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 10 September 2018 and were signed on its behalf
by:





R Soltysik - Director


A. & R. Electronic Developments Limited (Registered number: 02671135)

Notes to the Financial Statements
for the Year Ended 31 December 2017


1. STATUTORY INFORMATION

A. & R. Electronic Developments 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are requires to make judgement, estimates
and assumptions about carrying amounts of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recongnised in the period in which the estimate is revised where the revision affects only that
period, or in the period of revision and future periods where the revision affects both current and future periods.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates
and 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% 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.

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.

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.

A. & R. Electronic Developments Limited (Registered number: 02671135)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2017


4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2016 - 5 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 January 2017 622,211 125,473 24,670 772,354
Additions - 3,964 - 3,964
At 31 December 2017 622,211 129,437 24,670 776,318
DEPRECIATION
At 1 January 2017 - 122,986 23,632 146,618
Charge for year - 1,226 272 1,498
At 31 December 2017 - 124,212 23,904 148,116
NET BOOK VALUE
At 31 December 2017 622,211 5,225 766 628,202
At 31 December 2016 622,211 2,487 1,038 625,736

6. STOCKS
2017 2016
£    £   
Stocks 4,170 4,750

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 99,268 94,555
Prepayments - 133
99,268 94,688

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 14,252 25,020
Tax 26,487 29,548
Social security and other taxes 769 4,952
VAT 5,395 6,216
Other creditors 7,446 3,632
Directors' loan accounts 3,272 3,272
Accruals and deferred income 1,332 1,332
58,953 73,972

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
6 Ordinary 1.00 6 6

A. & R. Electronic Developments Limited (Registered number: 02671135)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2017


10. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 January 2017 1,167,254 4 1,167,258
Profit for the year 113,293 113,293
Dividends (15,000 ) (15,000 )
At 31 December 2017 1,265,547 4 1,265,551

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

There have been no transactions with the directors during the year. At 31 December 2017 the company owed
the director, Mr R Soltysik £1,701 (2016 - £1,701) and the director Mr A Soltysik £1,571 (2016 - £1,571).

The loans made to the company by the directors are interest free and repayable on demand.