REGISTERED NUMBER: 02364663 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2018

for

A & K Partitioning Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

Mr T W Allen

Mr B W Allen

SECRETARY:

Mrs J P Allen

REGISTERED OFFICE:

Gautam House

1/3 Shenley Avenue

Ruislip Manor

Middlesex

HA4 6BP

REGISTERED NUMBER:

02364663 (England and Wales)

ACCOUNTANTS:

Koshal Associates

Chartered Accountants

Gautam House

1-3 Shenley Avenue

Ruislip Manor

Middlesex

HA4 6BP

FIXED ASSETS

Tangible assets

4

1,273

1,696

CURRENT ASSETS

Stocks

6,750

2,000

Debtors

5

25,161

48,873

Cash at bank

6,474

6,568

38,385

57,441

CREDITORS

Amounts falling due within one year

6

39,497

55,580

NET CURRENT (LIABILITIES)/ASSETS

(1,112

)

1,861

TOTAL ASSETS LESS CURRENT LIABILITIES

161

3,557

CREDITORS

Amounts falling due after more than one year

7

-

2,237

NET ASSETS

161

1,320

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

61

1,220

SHAREHOLDERS' FUNDS

161

1,320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

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

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 19 October 2018 and were signed on its behalf by:

Mr T W Allen - Director

1.	STATUTORY INFORMATION

A & K Partitioning 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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks & work in progress

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

moving items.

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 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 June 2017

and 31 May 2018

8,439

55,262

565

64,266

DEPRECIATION

At 1 June 2017

8,439

53,662

469

62,570

Charge for year

-

400

23

423

At 31 May 2018

8,439

54,062

492

62,993

NET BOOK VALUE

At 31 May 2018

-

1,200

73

1,273

At 31 May 2017

-

1,600

96

1,696

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

£

£

Trade debtors

5,213

10,774

Other debtors

19,948

38,099

25,161

48,873

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

£

£

Trade creditors

(1

)

-

Loan Account

4,400

-

Tax

23,064

15,348

Social security and other taxes

-

26,914

VAT

7,792

9,706

Directors' current accounts

-

112

Accrued expenses

4,242

3,500

39,497

55,580

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.18

31.5.17

£

£

Loan Account

-

2,237

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.18

31.5.17

value:

£

£

100

Ordinary Shares

£ 1

100

100

9.

RESERVES

Retained

earnings

£

At 1 June 2017

1,220

Profit for the year

56,385

Dividends

(57,544

)

At 31 May 2018

61

The following reproduces the text of the report prepared for the directors 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 Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2018 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Koshal Associates

Chartered Accountants

Gautam House

1-3 Shenley Avenue

Ruislip Manor

Middlesex

HA4 6BP

19 October 2018