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REGISTERED NUMBER: SC198599 (Scotland)















Unaudited Financial Statements for the Year Ended 30 April 2018

for

A & J Hilston Limited

A & J Hilston Limited (Registered number: SC198599)






Contents of the Financial Statements
for the Year Ended 30 April 2018




Page

Balance Sheet 1

Notes to the Financial Statements 3


A & J Hilston Limited (Registered number: SC198599)

Balance Sheet
30 April 2018

30.4.18 30.4.17
Notes £    £   
FIXED ASSETS
Intangible assets 4 6,000 10,800
Tangible assets 5 2,478 3,304
8,478 14,104

CURRENT ASSETS
Stocks 14,054 10,972
Debtors 6 80,884 99,024
Cash at bank 136,925 101,619
231,863 211,615
CREDITORS
Amounts falling due within one year 7 (107,757 ) (111,540 )
NET CURRENT ASSETS 124,106 100,075
TOTAL ASSETS LESS CURRENT
LIABILITIES

132,584

114,179

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 132,582 114,177
132,584 114,179

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 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.

A & J Hilston Limited (Registered number: SC198599)

Balance Sheet - continued
30 April 2018


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 21 June 2018 and were signed on its behalf by:




Mr A Hilston - Director



Mrs J Hilston - Director


A & J Hilston Limited (Registered number: SC198599)

Notes to the Financial Statements
for the Year Ended 30 April 2018

1. STATUTORY INFORMATION

A & J Hilston Limited is a private company, limited by shares, domiciled in Scotland, registration number SC198599. The
registered office is Unit 22 Bog Road, Laurieston, Falkirk FK2 9PB.

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 goods and services in respect of the supply and installation of doors and windows,
excluding value added tax. Sales are recognised at the point at which the goods are delivered or the service is complete.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1999, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any
accumulated amortisation and any accumulated impairment losses.

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 - 20% on cost
Fittings & Equipment - 20% on cost and 15% on cost
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items.

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

A & J Hilston Limited (Registered number: SC198599)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2018

2. ACCOUNTING POLICIES - continued

Provisions
Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable
that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions
are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is
determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an
outflow with respect to any one item included in the same class of obligations may be small.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2017 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2017
and 30 April 2018 96,000
AMORTISATION
At 1 May 2017 85,200
Charge for year 4,800
At 30 April 2018 90,000
NET BOOK VALUE
At 30 April 2018 6,000
At 30 April 2017 10,800

5. TANGIBLE FIXED ASSETS
Plant and Fittings Motor
machinery & Equipment vehicles Totals
£    £    £    £   
COST
At 1 May 2017
and 30 April 2018 44,879 2,020 23,265 70,164
DEPRECIATION
At 1 May 2017 44,879 2,020 19,961 66,860
Charge for year - - 826 826
At 30 April 2018 44,879 2,020 20,787 67,686
NET BOOK VALUE
At 30 April 2018 - - 2,478 2,478
At 30 April 2017 - - 3,304 3,304

A & J Hilston Limited (Registered number: SC198599)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2018

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.18 30.4.17
£    £   
Trade debtors 80,884 99,024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.18 30.4.17
£    £   
Trade creditors 42,613 43,241
Taxation and social security 22,128 17,589
Other creditors 43,016 50,710
107,757 111,540