Abbreviated Company Accounts - AARON & AARON LTD

06871529 AARON & AARON LTD 2016-04-30 false 2015-05-01 2016-04-30 true 06871529 2015-05-01 2016-04-30 06871529 2016-04-30 06871529 2015-04-30 06871529 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 06871529 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 06871529

AARON & AARON LTD

Abbreviated Accounts

30 April 2016

AARON & AARON LTD Registered Number 06871529

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		1,000	1,000
Fixed assets
Tangible assets	2	121,123	144,657
		121,123	144,657
Current assets
Stocks		34,500	25,000
Debtors		13,709	689
Cash at bank and in hand		274	17,075
		48,483	42,764
Creditors: amounts falling due within one year		(142,739)	(161,907)
Net current assets (liabilities)		(94,256)	(119,143)
Total assets less current liabilities		27,867	26,514
Total net assets (liabilities)		27,867	26,514
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		26,867	25,514
Shareholders' funds		27,867	26,514

For the year ending 30 April 2016 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 13 June 2016

And signed on their behalf by:
Aaron Rutigliano, Director

AARON & AARON LTD Registered Number 06871529

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Leasehold properties - Straight line over the life of the lease
Plant and machinery - 33.33% straight line
Fixtures, fittings and equipment - 15% straight line

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 May 2015	252,480
Additions	1,632
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	254,112
Depreciation
At 1 May 2015	107,823
Charge for the year	25,166
On disposals	-
At 30 April 2016	132,989
Net book values
At 30 April 2016	121,123
At 30 April 2015	144,657

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1,000 Ordinary shares of £1 each	1,000	1,000