REGISTERED NUMBER: 04768785 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2017

FOR

A AND J LILLEY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Miss N J Lilley

Mrs J V Lilley

A W Lilley

REGISTERED OFFICE:

57/61 Market Place

Cannock

Staffordshire

WS11 1BP

REGISTERED NUMBER:

04768785 (England and Wales)

ACCOUNTANTS:

Shelvoke Pickering Janney LLP

Chartered Accountants

57-61 Market Place

Cannock

Staffordshire

WS11 1BP

FIXED ASSETS

Property, plant and equipment

4

1,444

1,925

CURRENT ASSETS

Debtors

5

5,621

5,646

Cash at bank

3,020

3,068

8,641

8,714

CREDITORS

Amounts falling due within one year

6

9,710

10,124

NET CURRENT LIABILITIES

(1,069

)

(1,410

)

TOTAL ASSETS LESS CURRENT LIABILITIES

375

515

PROVISIONS FOR LIABILITIES

274

385

NET ASSETS

101

130

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1

30

SHAREHOLDERS' FUNDS

101

130

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2017 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 4 July 2018 and were signed on its behalf by:

A W Lilley - Director

1.	STATUTORY INFORMATION

A and J Lilley 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

Revenue 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 December 2016

and 30 November 2017

2,645

DEPRECIATION

At 1 December 2016

720

Charge for year

481

At 30 November 2017

1,201

NET BOOK VALUE

At 30 November 2017

1,444

At 30 November 2016

1,925

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

5,621

5,646

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

8,610

9,044

Other creditors

1,100

1,080

9,710

10,124

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £12,930 (2016 - £16,400) were paid to the directors .

The company was under the control of Mr A W Lilley and Mrs J V Lilley. They each owned 50% of the

issued ordinary share capital during this and the previous accounting period.

The directors received an interest free loan from the company and the balance at 30 November 2017

was £5621 (2016: £5646 - highest balance). No terms are set down in respect of this loan..