REGISTERED NUMBER: 06970738 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2017

for

A B Williams Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

A B Williams

Mrs M Williams

REGISTERED OFFICE:

7 Lindum Terrace

Lincoln

LN2 5RP

REGISTERED NUMBER:

06970738 (England and Wales)

ACCOUNTANTS:

Stanbridge Associates Limited

7 Lindum Terrace

Lincoln

Lincolnshire

LN2 5RP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

-

166

-

166

CURRENT ASSETS

Debtors

6

218,130

327,615

Cash at bank

358,010

232,075

576,140

559,690

CREDITORS

Amounts falling due within one year

7

49,020

37,179

NET CURRENT ASSETS

527,120

522,511

TOTAL ASSETS LESS CURRENT LIABILITIES

527,120

522,677

CAPITAL AND RESERVES

Called up share capital

104

100

Retained earnings

527,016

522,577

SHAREHOLDERS' FUNDS

527,120

522,677

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 10 December 2017 and were signed on its behalf by:

A B Williams - Director

1.	STATUTORY INFORMATION

A B Williams 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 trading income accrued during the period shown by these financial

statements.

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 etc

-

33% Straight Line

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2016

and 31 July 2017

183,000

AMORTISATION

At 1 August 2016

and 31 July 2017

183,000

NET BOOK VALUE

At 31 July 2017

-

At 31 July 2016

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2016

and 31 July 2017

1,449

DEPRECIATION

At 1 August 2016

1,283

Charge for year

166

At 31 July 2017

1,449

NET BOOK VALUE

At 31 July 2017

-

At 31 July 2016

166

6.

DEBTORS

2017

2016

£

£

Amounts falling due within one year:

Trade debtors

56,880

35,740

Other debtors

51,250

86,875

108,130

122,615

Amounts falling due after more than one year:

Other debtors

110,000

205,000

Aggregate amounts

218,130

327,615

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

35,160

33,896

Other creditors

13,860

3,283

49,020

37,179

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31 July 2017 and 31 July 2016:

2017

2016

£

£

A B Williams

Balance outstanding at start of year

205,000

280,000

Amounts repaid

-

(75,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

205,000

9.	ULTIMATE CONTROLLING PARTY

The controlling party is A B Williams.