REGISTERED NUMBER: 02187455 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2016

for

A & W Pipework Installations Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

J C Atkins

Mrs S L Atkins

SECRETARY:

J C Atkins

REGISTERED OFFICE:

1 Aston Court

Bromsgrove Technology Park

Bromsgrove

Worcestershire

B60 3AL

REGISTERED NUMBER:

02187455 (England and Wales)

ACCOUNTANTS:

Kenneth Morris Limited

1 Aston Court

Bromsgrove Technology Park

Bromsgrove

Worcestershire

B60 3AL

FIXED ASSETS

Tangible assets

4

2,291

5,470

CURRENT ASSETS

Stocks

390

452

Debtors

1,057

29,681

Cash at bank

75,887

124,435

77,334

154,568

CREDITORS

Amounts falling due within one year

12,141

30,520

NET CURRENT ASSETS

65,193

124,048

TOTAL ASSETS LESS CURRENT LIABILITIES

67,484

129,518

PROVISIONS FOR LIABILITIES

458

1,094

NET ASSETS

67,026

128,424

CAPITAL AND RESERVES

Called up share capital

5

50

100

Capital redemption reserve

6

50

-

Retained earnings

6

66,926

128,324

SHAREHOLDERS' FUNDS

67,026

128,424

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2016 in accordance with Section 444(2A) of the Companies Act 2006.

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 4 April 2017 and were signed on its behalf by:

J C Atkins - Director

Mrs S L Atkins - Director

1.	STATUTORY INFORMATION

A & W Pipework Installations 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

-

15% on reducing balance

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 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 2 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2016

37,204

Disposals

(10,404

)

At 31 December 2016

26,800

DEPRECIATION

At 1 January 2016

31,734

Charge for year

710

Eliminated on disposal

(7,935

)

At 31 December 2016

24,509

NET BOOK VALUE

At 31 December 2016

2,291

At 31 December 2015

5,470

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.16

31.12.15

value:

£

£

100

Ordinary Shares

£1

50

100

During the year the company purchased 50 shares with a nominal value of £1 each from the director, Mr David

Atkins for a consideration of £35,000 in total.

6.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 January 2016

128,324

-

128,324

Profit for the year

23,602

23,602

Dividends

(50,000

)

(50,000

)

Purchase of own shares

(35,000

)

50

(34,950

)

At 31 December 2016

66,926

50

66,976

7.	CONTINGENT LIABILITIES

There were no material contingent liabilities at the year end.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2016 and

31 December 2015:

31.12.16

31.12.15

£

£

J C Atkins

Balance outstanding at start of year

(5,491

)

(5,169

)

Amounts advanced

4,747

380

Amounts repaid

(925

)

(702

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,669

)

(5,491

)

D M Atkins

Balance outstanding at start of year

(4,010

)

(4,205

)

Amounts advanced

39,010

195

Amounts repaid

(35,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(4,010

)

The above amounts represent the aggregate movements during the year rather than each individual transaction.

The amounts in brackets are due to the directors. The loans are interest free and repayable on demand.

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £50,000 (2015 - £52,000) were paid to the directors .

10.	POST BALANCE SHEET EVENTS

There were no material post balance sheet events at the year end.

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain

other primary statements and the Report of the Directors are not required to be filed with the Registrar of

Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of A & W Pipework Installations Limited for the year ended 31 December 2016 which comprise the

Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and

from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of A & W Pipework Installations Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A & W Pipework Installations Limited and state those matters that we have agreed to state to the Board of Directors of A & W Pipework Installations Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A & W Pipework Installations Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A & W Pipework Installations Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A & W Pipework Installations Limited. You consider that A & W Pipework Installations Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A & W Pipework Installations Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kenneth Morris Limited

1 Aston Court

Bromsgrove Technology Park

Bromsgrove

Worcestershire

B60 3AL

4 April 2017