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REGISTERED NUMBER: 05042945 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 March 2018

for

AAC Weston Limited

AAC Weston Limited (Registered number: 05042945)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


AAC Weston Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: R Weston
P D Weston





SECRETARY: R Weston





REGISTERED OFFICE: Factory 1
Pottery Close
Winterstoke Road
Weston Super Mare
North Somerset
BS23 3YH





REGISTERED NUMBER: 05042945 (England and Wales)





ACCOUNTANTS: Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST

AAC Weston Limited (Registered number: 05042945)

Statement of Financial Position
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 12,215 16,073
12,215 16,073

CURRENT ASSETS
Inventories 75,624 61,867
Debtors 6 180,785 181,139
Cash at bank and in hand 471,905 397,081
728,314 640,087
CREDITORS
Amounts falling due within one year 7 206,616 224,623
NET CURRENT ASSETS 521,698 415,464
TOTAL ASSETS LESS CURRENT
LIABILITIES

533,913

431,537

PROVISIONS FOR LIABILITIES 2,321 3,034
NET ASSETS 531,592 428,503

AAC Weston Limited (Registered number: 05042945)

Statement of Financial Position - continued
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 531,590 428,501
SHAREHOLDERS' FUNDS 531,592 428,503

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 15 September 2018 and were signed on
its behalf by:





P D Weston - Director


AAC Weston Limited (Registered number: 05042945)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

AAC Weston 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 represents the amounts receivable, excluding VAT and trade discounts, by the company for
goods and services provided during the year. All transactions arose in the United Kingdom.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured
at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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

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.


AAC Weston Limited (Registered number: 05042945)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period
of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2017 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2017
and 31 March 2018 43,000
AMORTISATION
At 1 April 2017
and 31 March 2018 43,000
NET BOOK VALUE
At 31 March 2018 -
At 31 March 2017 -

AAC Weston Limited (Registered number: 05042945)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

5. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2017 19,244 29,145 11,506 59,895
Additions - - 219 219
At 31 March 2018 19,244 29,145 11,725 60,114
DEPRECIATION
At 1 April 2017 17,273 16,102 10,447 43,822
Charge for year 394 3,261 422 4,077
At 31 March 2018 17,667 19,363 10,869 47,899
NET BOOK VALUE
At 31 March 2018 1,577 9,782 856 12,215
At 31 March 2017 1,971 13,043 1,059 16,073

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 180,517 180,813
Prepayments and accrued income 268 326
180,785 181,139

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 106,596 134,473
Tax 32,710 29,382
Social security and other taxes 4,473 2,087
VAT 22,050 23,828
Directors' current accounts 38,464 32,882
Accrued expenses 2,323 1,971
206,616 224,623

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £32,000 (2017 - £28,000) were paid to the directors .

AAC Weston Limited (Registered number: 05042945)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

8. RELATED PARTY DISCLOSURES - continued

Mr R Weston
Director20172017

Rent paid9,0009,000

Capital withdrawn-1,975

Capital introduced647-

At the balance sheet date the amount due to the director was £19,937 (2017 - £19,290)


Mr P Weston
Director20172017

Rent paid9,0009,000

Capital withdrawn-2,999

Capital introduced4,935-

At the balance sheet date the amount due to the director was £18,527 (2017 - £13,592)

9. ULTIMATE CONTROLLING PARTY

The company is jointly controlled by R Weston and P D Weston, directors of the company.