REGISTERED NUMBER: 05573149 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2017

for

A & D Swimming Pools Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J Coluccia

D W G Coluccia

SECRETARIES:

Mrs A Coluccia

Mrs V Coluccia

REGISTERED OFFICE:

9 St George's Yard

Castle Street

Farnham

Surrey

GU9 7LW

REGISTERED NUMBER:

05573149 (England and Wales)

ACCOUNTANTS:

Blackwood Futcher & Co.

Chartered Accountants

9 St George's Yard

Farnham

Surrey

GU9 7LW

FIXED ASSETS

Tangible assets

4

15,906

28,992

CURRENT ASSETS

Stocks

53,790

31,748

Debtors

5

7,814

6,395

Cash at bank

109,580

87,787

171,184

125,930

CREDITORS

Amounts falling due within one year

6

48,499

54,493

NET CURRENT ASSETS

122,685

71,437

TOTAL ASSETS LESS CURRENT LIABILITIES

138,591

100,429

CREDITORS

Amounts falling due after more than one year

7

(16,949

)

(18,931

)

PROVISIONS FOR LIABILITIES

(3,022

)

(5,798

)

NET ASSETS

118,620

75,700

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

118,610

75,690

SHAREHOLDERS' FUNDS

118,620

75,700

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 20 July 2018 and were signed on its behalf by:

A J Coluccia - Director

1.	STATUTORY INFORMATION

A & D Swimming Pools 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 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.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2016 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 December 2016

and 30 November 2017

15,323

41,675

56,998

DEPRECIATION

At 1 December 2016

7,651

20,355

28,006

Charge for year

2,668

10,418

13,086

At 30 November 2017

10,319

30,773

41,092

NET BOOK VALUE

At 30 November 2017

5,004

10,902

15,906

At 30 November 2016

7,672

21,320

28,992

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Trade debtors

7,115

5,531

Prepayments

699

864

7,814

6,395

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Bank loans and overdrafts

1,842

1,842

Trade creditors

1,236

8,770

Taxation

34,144

24,966

Social security and other taxes

9,184

16,502

Directors' current accounts

843

1,163

Accrued expenses

1,250

1,250

48,499

54,493

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.17

30.11.16

£

£

Bank loans - 1-2 years

1,842

1,842

Bank loans - 2-5 years

15,107

17,089

16,949

18,931