REGISTERED NUMBER: 04679347 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2018

FOR

A & D HEATH LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A K Heath

Mrs D A Heath

SECRETARY:

Mrs D A Heath

REGISTERED OFFICE:

15 Dark Lane

Hollywood

Birmingham

B47 5BS

REGISTERED NUMBER:

04679347 (England and Wales)

FIXED ASSETS

Property, plant and equipment

4

13,650

18,200

CURRENT ASSETS

Inventories

1,250

1,250

Debtors

5

9,750

7,879

Cash at bank

19,923

31,735

30,923

40,864

CREDITORS

Amounts falling due within one year

6

28,907

29,910

NET CURRENT ASSETS

2,016

10,954

TOTAL ASSETS LESS CURRENT LIABILITIES

15,666

29,154

CREDITORS

Amounts falling due after more than one year

7

(6,850

)

(10,422

)

PROVISIONS FOR LIABILITIES

8

(2,600

)

(3,400

)

NET ASSETS

6,216

15,332

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

6,214

15,330

SHAREHOLDERS' FUNDS

6,216

15,332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 14 December 2018 and were signed on its behalf by:

Mrs D A Heath - Director

1.	STATUTORY INFORMATION

A & D Heath 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures & fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all

purchase, transport, and handling costs in bringing inventories to their

present location and condition.

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.

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 3 (2017 - 3 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Motor

& fittings

vehicles

Totals

£

£

£

COST

At 1 April 2017

and 31 March 2018

736

25,109

25,845

DEPRECIATION

At 1 April 2017

736

6,909

7,645

Charge for year

-

4,550

4,550

At 31 March 2018

736

11,459

12,195

NET BOOK VALUE

At 31 March 2018

-

13,650

13,650

At 31 March 2017

-

18,200

18,200

Fixed assets, included in the above, which are held under hire purchase

contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2017

and 31 March 2018

14,730

DEPRECIATION

At 1 April 2017

730

Charge for year

3,500

At 31 March 2018

4,230

NET BOOK VALUE

At 31 March 2018

10,500

At 31 March 2017

14,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

9,750

7,879

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Hire purchase contracts

3,574

5,085

Trade creditors

19,758

17,812

Taxation and social security

4,193

5,636

Other creditors

1,382

1,377

28,907

29,910

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.18

31.3.17

£

£

Hire purchase contracts

6,850

10,422

8.	PROVISIONS FOR LIABILITIES

31.3.18

31.3.17

£

£

Deferred tax

2,600

3,400

Deferred

tax

£

Balance at 1 April 2017

3,400

Accelerated capital allowances

(800

)

Balance at 31 March 2018

2,600

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.18

31.3.17

value:

£

£

2

Ordinary

£1

2

2