A & J Surveyors Ltd - Period Ending 2016-04-30

A & J Surveyors Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2016

Aims Accountants for Business
Arthur Sampson FCA
Bramley Place
45 The Scarr
Newent
GL18 1DQ

A & J Surveyors Ltd
Contents

Accountants' Report

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
A & J Surveyors Ltd
for the Year Ended 30 April 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of A & J Surveyors Ltd for the year ended 30 April 2016 set out on pages 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 at icaew.com/membershandbook.

This report is made solely to the Board of Directors of A & J Surveyors Ltd, as a body, in accordance with the terms of our engagement letterdated 16 January 2009. Our work has been undertaken solely to prepare for your approval the accounts of A & J Surveyors Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A & J Surveyors Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that A & J Surveyors Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of A & J Surveyors Ltd. You consider that A & J Surveyors Ltd 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 accounts of A & J Surveyors Ltd. 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 accounts.

......................................

Aims Accountants for Business
Arthur Sampson FCA
Bramley Place
45 The Scarr
Newent
GL18 1DQ

18 January 2017

Page 1

A & J Surveyors Ltd
(Registration number: 04736354)
Abbreviated Balance Sheet at 30 April 2016

	Note	2016 £	2015 £
Fixed assets
Tangible fixed assets		2,608	3,734
Current assets
Debtors		769	1
Cash at bank and in hand		-	1
		769	2
Creditors: Amounts falling due within one year		(19,139)	(12,380)
Net current liabilities		(18,370)	(12,378)
Net liabilities		(15,762)	(8,644)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(15,764)	(8,646)
Shareholders' deficit		(15,762)	(8,644)

For the year ending 30 April 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 18 January 2017 and signed on its behalf by:

.........................................
Mr A Leigh
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

A & J Surveyors Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 April 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed asset so as to write odd the cost or valuation, less any estimated residual value, over their expected useful economic life as follows

Asset class	Depreciation method and rate
Fixtures and fittings	25% reducing balance
Office equipment	33% reducing balance
Motor vehicles	25% reducing balance

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

A & J Surveyors Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 April 2016
......... continued

2	Fixed assets

	Tangible assets £	Total £
Cost
At 1 May 2015	12,594	12,594
At 30 April 2016	12,594	12,594
Depreciation
At 1 May 2015	8,860	8,860
Charge for the year	1,126	1,126
At 30 April 2016	9,986	9,986
Net book value
At 30 April 2016	2,608	2,608
At 30 April 2015	3,734	3,734

3	Share capital

Allotted, called up and fully paid shares

	2016			2015
		No.	£		No.	£
Ordinary of £1 each		2	2		2	2

Page 4