REGISTERED NUMBER: 00691607 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2017

for

A. Camm Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

5

Chartered Accountants' Report

8

DIRECTORS:

Mrs A Camm

H A Camm

P H Camm

SECRETARY:

Mrs A Camm

REGISTERED OFFICE:

3rd Floor

Butt Dyke House

33 Park Row

Nottingham

NG1 6EE

REGISTERED NUMBER:

00691607 (England and Wales)

ACCOUNTANTS:

HSKS Greenhalgh

Chartered Accountants

3rd Floor

Butt Dyke House

33 Park Row

Nottingham

NG1 6EE

FIXED ASSETS

Tangible assets

4

51,051

60,060

Investment property

5

5,973,500

5,375,000

6,024,551

5,435,060

CURRENT ASSETS

Debtors

106,304

133,055

Cash at bank

179,529

114,901

285,833

247,956

CREDITORS

Amounts falling due within one year

276,800

288,280

NET CURRENT ASSETS/(LIABILITIES)

9,033

(40,324

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,033,584

5,394,736

CREDITORS

Amounts falling due after more than one year

6

(1,547,385

)

(1,604,199

)

PROVISIONS FOR LIABILITIES

(527,316

)

(474,934

)

NET ASSETS

3,958,883

3,315,603

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Other reserves

3,178,248

2,611,361

Retained earnings

775,635

699,242

SHAREHOLDERS' FUNDS

3,958,883

3,315,603

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 20 December 2017 and were signed on its behalf by:

P H Camm - Director

Mrs A Camm - Director

1.	STATUTORY INFORMATION

A. Camm 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

Going concern

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.

The company balance sheet details net current assets of £9,033 (2016: liabilities of £40,324). The

company is therefore dependent on the continued support of both its directors and the bank.

In the opinion of the directors, the company will have adequate cash resources available to finance its

activities and other obligations during the course of the twelve months from the date of approval of

these financial statements. It is on this basis that the directors consider it appropriate to prepare the

financial statements on a going concern basis.

Turnover

Turnover represents rental income and service charges receivable in the year, excluding value added

tax. Rental income and service charges received in advance are recorded as deferred income and

included in creditors whilst rental income and service charges which have not been received during the

year are recorded as accrued income and included in debtors.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from

changes in fair value is recognised in profit or loss.

No provision is made for depreciation of investment properties. This departure from the requirements

of the Companies Act 2006 which require all properties to be depreciated is, in the opinion of the

directors, necessary for the financial statements to show a true and fair view in accordance with

applicable accounting standards.

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 4 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2016

and 30 April 2017

244,198

DEPRECIATION

At 1 May 2016

184,138

Charge for year

9,009

At 30 April 2017

193,147

NET BOOK VALUE

At 30 April 2017

51,051

At 30 April 2016

60,060

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2016

5,375,000

Revaluation in year

598,500

At 30 April 2017

5,973,500

NET BOOK VALUE

At 30 April 2017

5,973,500

At 30 April 2016

5,375,000

Investment property is included at the directors opinion of the market value. This valuation is based on

the directors' knowledge of similar properties in the area and with reference to a professional valuation

by Savills (UK) Limited in September 2017.

The revaluation of £598,500 in the year is included within administration expenses on the income

statement for the year.

Fair value at 30 April 2017 is represented by:

£

Valuation in 1995

3,206,178

Valuation in 2011

893,822

Valuation in 2012

100,000

Valuation in 2015

1,175,000

Valuation in 2017

598,500

5,973,500

If investment property had not been revalued it would have been included at the following historical

cost:

2017

2016

£

£

Cost

2,130,440

2,130,440

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2017

2016

£

£

Repayable by instalments

Bank loans more 5 yr by instal

1,327,930

-

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2017

2016

£

£

In more than five years

12,000

12,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

2017

2016

£

£

Bank loans

1,600,145

1,664,199

The bank loan from Nationwide Building Society is secured by means of a fixed and floating charge

over the assets of the company.

9.	RELATED PARTY DISCLOSURES

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and

certain other primary statements and the Report of the Directors are not required to be filed with the

Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the financial statements of A. Camm Limited for the year ended 30 April 2017 which comprise the Abridged

Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records

and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of A. Camm Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A. Camm Limited and state those matters that we have agreed to state to the Board of Directors of A. Camm Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A. Camm Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A. Camm Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A. Camm Limited. You consider that A. Camm Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A. Camm Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

HSKS Greenhalgh

Chartered Accountants

3rd Floor

Butt Dyke House

33 Park Row

Nottingham

NG1 6EE

31 January 2018