A&A Accounting Services Ltd Accounts






A&A Accounting Services Ltd
	Company No. 06789885
		Information for Filing with The Registrar
		31 January 2017

The Director presents his report and the accounts for the year ended 31 January 2017.

Principal activities
The principal activity of the company during the year under review was Chartered Accountancy Practice.




Director

The Director who served at any time during the year was as follows:

A. Shababi



































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

A. Shababi
Director
31 January 2017

at	31 January 2017

Company No.		06789885	Notes	2017	2016
				£	£
Fixed assets

	Tangible assets		2	9,375	12,500


				9,375	12,500
Current assets

	Debtors		3	2,105	10,040

	Cash at bank and in hand			3,438	-
				5,543	10,040
Creditors: Amount falling due within one year			4	(12,916)	(11,705)
Net current liabilities				(7,373)	(1,665)
Total assets less current liabilities				2,002	10,835




Net assets				2,002	10,835

Capital and reserves
	Called up share capital			1	1



	Profit and loss account		5	2,001	10,834

Total equity				2,002	10,835


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 January 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 January 2017

And signed on its behalf by:

A. Shababi
Director
31 January 2017

for the year ended 31 January 2017

Accounting policies

Basis of preparation

The accounts have been prepared in accordance with FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Companies Act 2006 . There were no material departures from that standard.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2	Tangible fixed assets
			Plant and machinery	Total
			£	£
		Cost or revaluation
		At 1 February 2016	12,500	12,500




		At 31 January 2017	12,500	12,500
		Depreciation

		Charge for the year	3,125	3,125



		At 31 January 2017	3,125	3,125
		Net book values
		At 31 January 2017	9,375	9,375
		At 31 January 2016	12,500	12,500

3	Debtors
			2017	2016
			£	£
		Trade debtors	1,470	2,008





		Other debtors	635	8,032

			2,105	10,040

4	Creditors:
		amounts falling due within one year
			2017	2016
			£	£

		Bank loans and overdrafts	-	1,448




		Corporation tax	4,872	4,210
		Other taxes and social security	8,044	2,047


		Accruals and deferred income	-	4,000
			12,916	11,705

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

6	Dividends
			2017	2016
			£	£
		Dividends for the period:
		Dividends paid in the period	10,000	-

			10,000	-

		Dividends by type:

		Equity dividends	10,000	-
			10,000	-

Related party disclosures

Controlling party

Immediate controlling party

Arash Shababi

Additional information

Its registered number is:

06789885

Its registered office is:

2 Acorn Grove

Kingswood

Surrey

KT20 6QT