REGISTERED NUMBER: 05284058 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2017

for

A & A Exhibitions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A Griffin

REGISTERED OFFICE:

5a Frascati Way

Maidenhead

Berkshire

SL6 4UY

REGISTERED NUMBER:

05284058 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chartered Accountants

5a Frascati Way

Maidenhead

Berkshire

SL6 4UY

FIXED ASSETS

Tangible assets

4

62,420

44,706

CURRENT ASSETS

Stocks

9,930

6,480

Debtors

5

53,417

34,240

Cash at bank and in hand

19,566

10,071

82,913

50,791

CREDITORS

Amounts falling due within one year

6

(49,263

)

(101,819

)

NET CURRENT ASSETS/(LIABILITIES)

33,650

(51,028

)

TOTAL ASSETS LESS CURRENT LIABILITIES

96,070

(6,322

)

CREDITORS

Amounts falling due after more than one year

7

-

(2,142

)

PROVISIONS FOR LIABILITIES

(11,673

)

(3,099

)

NET ASSETS/(LIABILITIES)

84,397

(11,563

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

84,395

(11,565

)

SHAREHOLDERS' FUNDS

84,397

(11,563

)

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 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 12 March 2018 and were signed by:

Mr A Griffin - Director

1.	STATUTORY INFORMATION

A & A Exhibitions 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

In the application of the company's accounting policies the directors are required to make

judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are

not readily apparent from other sources. The estimates and associated assumptions are based on

historical experience and other factors that are considered to be relevant. Actual results may differ

from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to

accounting estimates are recognised in the period in which the estimate is revised if the revision

affects only that period, or in the period of the revision and future periods if the revision affects

both current and future periods.

The company does not make significant estimates and assumptions concerning the future

Turnover

Turnover represents the value of goods and services under contracts, provided in the year, exclusive

of Value Added Tax, to the extent that there is a right to consideration and is recorded at the value

of consideration due.

Turnover is recognised by reference to the stage of completion of a project.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Short leasehold

-

Over the lease term

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Tangible fixed assets are stated at cost less depreciation.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Financial instruments

Basic financial instruments are recognised at amortised cost using the effective interest method,

except for investments in non-convertible preference and non-puttable preference and ordinary

shares, which are measured at fair value, with changes recognised in profit or loss. Derivative

financial instruments are initially recorded at cost and therefore at fair value, with changes

recognised in profit and loss.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2017

31,460

87,503

118,963

Additions

-

25,249

25,249

At 31 December 2017

31,460

112,752

144,212

DEPRECIATION

At 1 January 2017

31,460

42,797

74,257

Charge for year

-

7,535

7,535

At 31 December 2017

31,460

50,332

81,792

NET BOOK VALUE

At 31 December 2017

-

62,420

62,420

At 31 December 2016

-

44,706

44,706

Tangible fixed assets are included at cost less depreciation and impairment.

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases

are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2017

40,567

Transfer to ownership

(40,567

)

At 31 December 2017

-

DEPRECIATION

At 1 January 2017

18,965

Charge for year

3,945

Transfer to ownership

(22,910

)

At 31 December 2017

-

NET BOOK VALUE

At 31 December 2017

-

At 31 December 2016

21,602

5.

DEBTORS

31.12.17

31.12.16

£

£

Amounts falling due within one year:

Trade debtors

23,514

10,076

Other debtors

14,521

12,082

38,035

22,158

Amounts falling due after more than one year:

Other debtors

15,382

12,082

Aggregate amounts

53,417

34,240

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Bank loans and overdrafts

2,142

3,443

Hire purchase contracts and finance leases (see note 8)

-

7,865

Trade creditors

132

12,904

Taxation and social security

43,395

26,380

Other creditors

3,594

51,227

49,263

101,819

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.17

31.12.16

£

£

Bank loans

-

2,142

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

Finance leases

31.12.17

31.12.16

31.12.17

31.12.16

£

£

£

£

Net obligations repayable:

Within one year

-

2,848

-

5,017

Non-cancellable

operating leases

31.12.17

31.12.16

£

£

Within one year

76,795

48,878

Between one and five years

151,273

157,066

228,068

205,944

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.17

31.12.16

£

£

Bank loans

2,142

5,585

Bank loan is secured on fixed and floating charges over the undertaking and all property and assets

present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and

machinery.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended

31 December 2017 and 31 December 2016:

31.12.17

31.12.16

£

£

Mr A Griffin

Balance outstanding at start of year

(44,917

)

(6,126

)

Amounts advanced

46,461

7,671

Amounts repaid

-

(46,462

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,544

(44,917

)

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr A Griffin.