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REGISTERED NUMBER: 05098561 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2018

FOR

AAK CARPENTRY & JOINERY LTD

AAK CARPENTRY & JOINERY LTD (REGISTERED NUMBER: 05098561)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 April 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AAK CARPENTRY & JOINERY LTD

COMPANY INFORMATION
for the year ended 30 April 2018







DIRECTOR: A P Richards





SECRETARY: D Richards





REGISTERED OFFICE: Cart Lodge
Harps Farm
Bedlars Green
Great Hallingbury
Hertfordshire
CM22 7TL





REGISTERED NUMBER: 05098561 (England and Wales)





ACCOUNTANTS: Northfield Management Services Limited
Cart Lodge
Harps Farm
Bedlars Green
Great Hallingbury
Hertfordshire
CM22 7TL

AAK CARPENTRY & JOINERY LTD (REGISTERED NUMBER: 05098561)

BALANCE SHEET
30 April 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,308 9,666

CURRENT ASSETS
Debtors 5 16,535 17,439
Cash at bank 433 220
16,968 17,659
CREDITORS
Amounts falling due within one year 6 15,010 15,742
NET CURRENT ASSETS 1,958 1,917
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,266

11,583

CREDITORS
Amounts falling due after more than one
year

7

2,397

5,567
NET ASSETS 6,869 6,016

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 6,867 6,014
SHAREHOLDERS' FUNDS 6,869 6,016

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 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.

AAK CARPENTRY & JOINERY LTD (REGISTERED NUMBER: 05098561)

BALANCE SHEET - continued
30 April 2018


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 director on 21 January 2019 and were signed by:





A P Richards - Director


AAK CARPENTRY & JOINERY LTD (REGISTERED NUMBER: 05098561)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 April 2018

1. STATUTORY INFORMATION

AAK Carpentry & Joinery Ltd 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 represents the value of goods and services supplied during the year, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Office equipment - 33% on cost
Motor vehicles - 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 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

AAK CARPENTRY & JOINERY LTD (REGISTERED NUMBER: 05098561)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2018

4. TANGIBLE FIXED ASSETS
Plant and Office Motor
machinery equipment vehicles Totals
£    £    £    £   
COST
At 1 May 2017
and 30 April 2018 8,026 1,211 16,405 25,642
DEPRECIATION
At 1 May 2017 6,864 1,211 7,901 15,976
Charge for year 232 - 2,126 2,358
At 30 April 2018 7,096 1,211 10,027 18,334
NET BOOK VALUE
At 30 April 2018 930 - 6,378 7,308
At 30 April 2017 1,162 - 8,504 9,666

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 May 2017
and 30 April 2018 16,405
DEPRECIATION
At 1 May 2017 7,901
Charge for year 2,126
At 30 April 2018 10,027
NET BOOK VALUE
At 30 April 2018 6,378
At 30 April 2017 8,504

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 190 2,193
CIS tax 14,659 15,082
VAT 1,686 164
16,535 17,439

AAK CARPENTRY & JOINERY LTD (REGISTERED NUMBER: 05098561)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Hire purchase contracts 3,170 3,170
Tax 11,297 9,941
Social security and other taxes 215 1,420
Directors' current accounts 28 911
Accrued expenses 300 300
15,010 15,742

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Hire purchase contracts 2,397 5,567

8. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Hire purchase contracts 5,567 8,737

The hire purchase liability is secured on the asset concerned.

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
2 Ordinary £1 2 2