A & J Business Services Ltd. - Accounts to registrar (filleted)

REGISTERED NUMBER: SC295819 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 December 2017

for

A & J Business Services Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Gardiner

Mrs J M Gardiner

SECRETARY:

Mrs J M Gardiner

REGISTERED OFFICE:

Ruach

Inverugie

Peterhead

Aberdeenshire

AB42 3DE

REGISTERED NUMBER:

SC295819 (Scotland)

ACCOUNTANTS:

SBP

Accountants

Glebefield House

21 Links Terrace

Peterhead

Aberdeenshire

AB42 2XA

FIXED ASSETS

Tangible assets

4

13,138

4,628

Investments

5

15,000

28,138

19,628

CURRENT ASSETS

Debtors

6

13,753

19,619

Investments

7

311

Cash at bank

22,997

46,760

37,061

66,690

CREDITORS

Amounts falling due within one year

8

5,846

10,992

NET CURRENT ASSETS

31,215

55,698

TOTAL ASSETS LESS CURRENT
LIABILITIES

59,353

75,326

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

59,351

75,324

SHAREHOLDERS' FUNDS

59,353

75,326

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 16 April 2018 and were signed on its behalf by:

A Gardiner - Director

1.	STATUTORY INFORMATION

A & J Business Services Ltd. is a private company, limited by shares , registered in Scotland. 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

Turnover 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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Debtors and creditors receivable /payable within one year

Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at

transaction price. Any losses arising from impairment are recognised in the profit and loss account in other

administrative costs.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2017

11,248

-

1,748

12,996

Additions

-

14,000

1,637

15,637

Disposals

(9,096

)

-

(9,096

)

At 31 December 2017

2,152

14,000

3,385

19,537

DEPRECIATION

At 1 January 2017

6,620

-

1,748

8,368

Charge for year

272

3,500

540

4,312

Eliminated on disposal

(6,281

)

-

(6,281

)

At 31 December 2017

611

3,500

2,288

6,399

NET BOOK VALUE

At 31 December 2017

1,541

10,500

1,097

13,138

At 31 December 2016

4,628

-

4,628

Tangible fixed assets are included at cost less depreciation and impairment. The residual value is reassessed at

the end of each accounting period.

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2017

and 31 December 2017

15,000

NET BOOK VALUE

At 31 December 2017

15,000

At 31 December 2016

15,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

Trade debtors

1,050

7,479

Other debtors

12,703

12,140

13,753

19,619

7.	CURRENT ASSET INVESTMENTS

31.12.17

31.12.16

£

Financial Assets

311

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

Taxation and social security

-

7,757

Financial Assets

5,846

3,235

5,846

10,992