REGISTERED NUMBER: 04196412 (England and Wales)

Aaron Windows Limited

Abbreviated Unaudited Accounts

for the Year Ended

31 March 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

to

4

DIRECTOR:

T P Gibson

SECRETARY:

Ms S N Gibson

REGISTERED OFFICE:

8 Hopper Way

Diss Business Park

Diss

Norfolk

IP22 4GT

REGISTERED NUMBER:

04196412 (England and Wales)

ACCOUNTANTS:

Haines Watts

Chartered Accountants

8 Hopper Way

Diss

Norfolk

IP22 4GT

FIXED ASSETS

Tangible assets

2

36,029

42,749

CURRENT ASSETS

Stocks

145,980

124,699

Debtors

3

266,647

254,264

Cash at bank and in hand

15,264

11,685

427,891

390,648

CREDITORS

Amounts falling due within one year

(443,973

)

(373,092

)

NET CURRENT (LIABILITIES)/ASSETS

(16,082

)

17,556

TOTAL ASSETS LESS CURRENT LIABILITIES

19,947

60,305

CREDITORS

Amounts falling due after more than one year

(116,335

)

(166,495

)

PROVISIONS FOR LIABILITIES

(4,936

)

(5,782

)

NET LIABILITIES

(101,324

)

(111,972

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

(101,424

)

(112,072

)

SHAREHOLDERS' FUNDS

(101,324

)

(111,972

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 23 December 2016 and were signed by:

T P Gibson - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company has a large deficit on the balance sheet which is due to earlier loss making periods. However,

most of the long term funding for the company is by way of a director’s loan account and extended credit from

related parties controlled by the director. The director has made a commitment not to seek repayment of the

loans within the foreseeable future, therefore the accounts have been prepared on the going concern concept.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, 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.

Improvements to property

-

10% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

100,204

Additions

250

At 31 March 2016

100,454

DEPRECIATION

At 1 April 2015

57,455

Charge for year

6,970

At 31 March 2016

64,425

NET BOOK VALUE

At 31 March 2016

36,029

At 31 March 2015

42,749

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 90,897 (2015 - £ 122,693 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2016 and

31 March 2015:

2016

2015

£

£

T P Gibson

Balance outstanding at start of year

23,332

-

Amounts advanced

7,384

23,332

Amounts repaid

-

-

Balance outstanding at end of year

30,716

23,332