063730922015-08-012016-07-31falsetruehttp://www.companieshouse.gov.uk/2015-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-07-31http://www.companieshouse.gov.uk/cd:Director12015-08-012016-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2016-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-08-012016-07-31http://www.companieshouse.gov.uk/pt:MotorCars2015-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-08-012016-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22015-08-012016-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-07-31http://www.companieshouse.gov.uk/pt:MotorCars2016-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22016-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22015-07-31http://www.companieshouse.gov.uk/pt:MotorCars2015-08-012016-07-31http://www.companieshouse.gov.uk/2014-08-012015-07-31http://www.companieshouse.gov.uk/2015-08-012016-07-31http://www.companieshouse.gov.uk/2015-07-31http://www.companieshouse.gov.uk/2016-07-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-08-012016-07-31iso4217:GBPxbrli:sharesxbrli:pure

Registered number: 06373092

A&R Miles Ltd

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31/07/2016

Prepared By:

David Reed Associates Ltd

54D Frome Road

Bradford on Avon

Wiltshire

BA15 1LA

A&R Miles Ltd

ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/07/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet		2
Notes to the Abbreviated Accounts		3
The company's registered number is 06373092

A&R Miles Ltd

Registered Number: 06373092
BALANCE SHEET AT 31/07/2016
						2016				2015
		Notes				£				£
FIXED ASSETS
Tangible assets		2				33,321				41,760
CURRENT ASSETS
Stock				5,200				5,000
Debtors (amounts falling due within one year)		3		10,605				24,653
Cash at bank and in hand				21,507				5,007
				37,312				34,660
CREDITORS: Amounts falling due within one year				65,546				70,430
NET CURRENT LIABILITIES						(28,234)				(35,770)
TOTAL ASSETS LESS CURRENT LIABILITIES						5,087				5,990
CAPITAL AND RESERVES
Called up share capital		4				125				125
Share premium account						1,975				1,975
Profit and loss account						2,987				3,890
SHAREHOLDERS' FUNDS						5,087				5,990
For the year ending 31/07/2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 09/04/2017 and signed on their behalf by
Mr A Miles
Director

A&R Miles Ltd

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/07/2016

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery		reducing balance 25%
Motor Cars		reducing balance 20%

1c. Stocks

Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.

1d. Taxation

Corporation tax payable is provided on taxable profits at the current rates.

1e. Turnover

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

A&R Miles Ltd

2. TANGIBLE FIXED ASSETS
		Plant and
		Machinery		Motor Cars		Total
		£		£		£
Cost
At 01/08/2015		8,156		71,820		79,976
At 31/07/2016		8,156		71,820		79,976
Depreciation
At 01/08/2015		6,412		31,804		38,216
For the year		436		8,003		8,439
At 31/07/2016		6,848		39,807		46,655
Net Book Amounts
At 31/07/2016		1,308		32,013		33,321
At 31/07/2015		1,744		40,016		41,760

3. DEBTORS				2016		2015
				£		£
Amounts falling due within one year:
Trade debtors				10,605		23,170
VAT				-		1,483
				10,605		24,653

4. SHARE CAPITAL				2016		2015
				£		£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each				100		100
25 Class B shares of £1 each				25		25
				125		125
The majority of the share capital represented by the class A shares is owned by Miles Investments Ltd

5. RELATED PARTY TRANSACTIONS

At the balance sheet date A and R Miles Ltd owed £2,215 (2015: £16,380) to Miles Investments Ltd, a company under common control.