Abbreviated Company Accounts - A & A ASSET MANAGEMENT LIMITED

06440260 A & A ASSET MANAGEMENT LIMITED 2013-04-05 false 2012-04-06 2013-04-05 true 06440260 2012-04-06 2013-04-05 06440260 2013-04-05 06440260 2012-04-05 06440260 uk-gaap-cd-bus:Director1 2012-04-06 2013-04-05 06440260 uk-gaap-cd-bus:Director2 2012-04-06 2013-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2012-04-06 2013-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2012-04-05 iso4217:GBP shares

Registered Number 06440260

A & A ASSET MANAGEMENT LIMITED

Abbreviated Accounts

5 April 2013

A & A ASSET MANAGEMENT LIMITED Registered Number 06440260

Abbreviated Balance Sheet as at 5 April 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	-	350,000
		-	350,000
Current assets
Debtors		44,865	27,666
Cash at bank and in hand		2	717
		44,867	28,383
Creditors: amounts falling due within one year	3	(27,143)	(79,374)
Net current assets (liabilities)		17,724	(50,991)
Total assets less current liabilities		17,724	299,009
Creditors: amounts falling due after more than one year	3	-	(153,066)
Provisions for liabilities		-	(3,150)
Total net assets (liabilities)		17,724	142,793
Capital and reserves
Called up share capital	4	2	2
Revaluation reserve		-	52,193
Profit and loss account		17,722	90,598
Shareholders' funds		17,724	142,793

For the year ending 5 April 2013 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 12 March 2014

And signed on their behalf by:
A R Wills, Director

A & A ASSET MANAGEMENT LIMITED Registered Number 06440260

Notes to the Abbreviated Accounts for the period ended 5 April 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises rent receivable from the property under management and vehicle rental charges.

Tangible assets depreciation policy
In accordance SSAP19 the investment property is not depreciated.

2Tangible fixed assets

	£
Cost
At 6 April 2012	350,000
Additions	-
Disposals	(350,000)
Revaluations	-
Transfers	-
At 5 April 2013	0
Depreciation
At 6 April 2012	-
Charge for the year	-
On disposals	-
At 5 April 2013	-
Net book values
At 5 April 2013	0
At 5 April 2012	350,000

3Creditors

	2013 £	2012 £
Secured Debts	-	56,050

4Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2