REGISTERED NUMBER: 06337626 (England and Wales)

AIP 2015 LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

Chartered Accountants' Report

6

DIRECTORS:

Mr J A Bence

Mr S C Collins

Mrs A J Giordano

SECRETARY:

Mrs A J Giordano

REGISTERED OFFICE:

The Oakley

Kidderminster Road

Droitwich

Worcestershire

WR9 9AY

REGISTERED NUMBER:

06337626 (England and Wales)

ACCOUNTANTS:

Ormerod Rutter Limited

Chartered Accountants

The Oakley

Kidderminster Road

Droitwich

Worcestershire

WR9 9AY

FIXED ASSETS

Investments

2

4,000

4,000

CURRENT ASSETS

Debtors

115,269

500,837

Cash at bank

2,937

88,822

118,206

589,659

CREDITORS

Amounts falling due within one year

3

943,405

1,243,006

NET CURRENT LIABILITIES

(825,199

)

(653,347

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(821,199

)

(649,347

)

CAPITAL AND RESERVES

Called up share capital

4

2,002

2,002

Share premium

119,600

119,600

Profit and loss account

(942,801

)

(770,949

)

(821,199

)

(649,347

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 22nd November 2016 and were signed on its behalf by:

Mr J A Bence - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Preparation of consolidated financial statements

The financial statements contain information about AIP 2015 Limited as an individual company and do not contain

consolidated financial information as the parent of a group. The company has taken the option under Section 398 of

the Companies Act 2006 not to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced sales of services, excluding 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance

sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of

transaction. Exchange differences are taken into account in arriving at the operating result.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1st April 2015

and 31st March 2016

66,002

PROVISIONS

At 1st April 2015

and 31st March 2016

62,002

NET BOOK VALUE

At 31st March 2016

4,000

At 31st March 2015

4,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Agricultural Parts and Accessories Limited

Nature of business: Supply of agricultural equipment

%

Class of shares:

holding

Ordinary

100.00

29.2.16

28.2.15

£

£

Aggregate capital and reserves

4,029

4,127

Loss for the year

(98

)

(143

)

Investments in subsidiary undertakings are included at cost less provision for diminution in value.

The investment held has been impaired during the year by £nil (2015: £37,002).

3.

CREDITORS

Creditors include an amount of £ 883,000 (2015 - £ 932,200 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

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

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have

been prepared.

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

statements of AIP 2015 Limited for the year ended 31st March 2016 which comprise the Profit and Loss Account, the

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 AIP 2015 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 AIP 2015 Limited and state those matters that we have agreed to state to the Board of Directors of AIP 2015 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 AIP 2015 Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that AIP 2015 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 loss of AIP 2015 Limited. You consider that AIP 2015 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 AIP 2015 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.

Ormerod Rutter Limited

Chartered Accountants

The Oakley

Kidderminster Road

Droitwich

Worcestershire

WR9 9AY

22nd November 2016