REGISTERED NUMBER: 01841488 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2018

FOR

A & R ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J A A Coppe

SECRETARY:

Mrs C E Coppe

REGISTERED OFFICE:

The Atrium

Curtis Road

Dorking

Surrey

RH4 1XA

REGISTERED NUMBER:

01841488 (England and Wales)

ACCOUNTANTS:

Colin Swift & Co

The Atrium

Curtis Road

Dorking

Surrey

RH4 1XA

FIXED ASSETS

Tangible assets

3

2,275

3,033

Investment property

4

258,461

258,461

260,736

261,494

CURRENT ASSETS

Stocks

13,705

-

Debtors

5

(12

)

1,632

Cash at bank

57,702

72,436

71,395

74,068

CREDITORS

Amounts falling due within one year

6

34,443

32,394

NET CURRENT ASSETS

36,952

41,674

TOTAL ASSETS LESS CURRENT LIABILITIES

297,688

303,168

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

297,588

303,068

SHAREHOLDERS' FUNDS

297,688

303,168

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 22nd August 2018 and were signed by:

J A A Coppe - Director

1.	STATUTORY INFORMATION

A & R Associates 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

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.

Plant and machinery etc

-

25% on reducing balance

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.

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 stocks 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.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st March 2017

and 28th February 2018

125,076

DEPRECIATION

At 1st March 2017

122,043

Charge for year

758

At 28th February 2018

122,801

NET BOOK VALUE

At 28th February 2018

2,275

At 28th February 2017

3,033

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st March 2017

and 28th February 2018

293,713

DEPRECIATION

At 1st March 2017

and 28th February 2018

35,252

NET BOOK VALUE

At 28th February 2018

258,461

At 28th February 2017

258,461

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/18

28/2/17

£

£

Trade debtors

(1,012

)

632

Other debtors

1,000

1,000

(12

)

1,632

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/18

28/2/17

£

£

Trade creditors

20,822

9,475

Taxation and social security

(1,902

)

(62

)

Other creditors

15,523

22,981

34,443

32,394