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REGISTERED NUMBER: 04768785 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2018

FOR

A AND J LILLEY LIMITED

A AND J LILLEY LIMITED (REGISTERED NUMBER: 04768785)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


A AND J LILLEY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2018







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

A AND J LILLEY LIMITED (REGISTERED NUMBER: 04768785)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,083 1,444

CURRENT ASSETS
Debtors 5 - 5,621
Cash at bank 1,597 3,020
1,597 8,641
CREDITORS
Amounts falling due within one year 6 5,844 9,710
NET CURRENT LIABILITIES (4,247 ) (1,069 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,164

)

375

PROVISIONS FOR LIABILITIES 206 274
NET (LIABILITIES)/ASSETS (3,370 ) 101

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (3,470 ) 1
SHAREHOLDERS' FUNDS (3,370 ) 101

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 18 April 2019 and were signed on its
behalf by:




A W Lilley - Director


A AND J LILLEY LIMITED (REGISTERED NUMBER: 04768785)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2018

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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.
Plant and machinery etc - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the statement of financial position 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 (2017 - 3 ) .

A AND J LILLEY LIMITED (REGISTERED NUMBER: 04768785)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2018

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 December 2017
and 30 November 2018 2,645
DEPRECIATION
At 1 December 2017 1,201
Charge for year 361
At 30 November 2018 1,562
NET BOOK VALUE
At 30 November 2018 1,083
At 30 November 2017 1,444

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors - 5,621

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 364 -
Taxation and social security 4,422 8,610
Other creditors 1,058 1,100
5,844 9,710

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £3,500 (2017 - £12,930) 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 made an interest free loan from the company and the balance at 30 November 2018 was
£58 (2017: £5621loan from the company - highest balance). No terms are set down in respect of this
loan..