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REGISTERED NUMBER: 05432065 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2017

FOR

A&A CONCRETE REPAIR LIMITED

A&A CONCRETE REPAIR LIMITED (REGISTERED NUMBER: 05432065)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A&A CONCRETE REPAIR LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2017







DIRECTORS: Mr P G Ashton
Mr P D Ashton



SECRETARY:



REGISTERED OFFICE: Unit 4 Brunel Buildings
Brunel Road
Newton Abbot
Devon
TQ12 4PB



REGISTERED NUMBER: 05432065 (England and Wales)



ACCOUNTANTS: Marsland Nash Associates
Chartered Tax Advisers, Accountants
and Business Consultants
Unit 4 Brunel Buildings
Brunel Road
Newton Abbot
Devon
TQ12 4PB



BANKERS: Barclays Bank Plc
Barclays Bank
Leicester
LE87 2BB

A&A CONCRETE REPAIR LIMITED (REGISTERED NUMBER: 05432065)

BALANCE SHEET
31 MAY 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,000 4,500
Tangible assets 5 130,605 146,491
134,605 150,991

CURRENT ASSETS
Stocks 1,750 1,600
Debtors 6 210,047 109,230
Cash at bank 49,665 200,767
261,462 311,597
CREDITORS
Amounts falling due within one year 7 263,560 115,561
NET CURRENT (LIABILITIES)/ASSETS (2,098 ) 196,036
TOTAL ASSETS LESS CURRENT LIABILITIES 132,507 347,027

PROVISIONS FOR LIABILITIES 9,471 12,200
NET ASSETS 123,036 334,827

CAPITAL AND RESERVES
Called up share capital 40 90
Capital redemption reserve (170,790 ) 10
Retained earnings 293,786 334,727
SHAREHOLDERS' FUNDS 123,036 334,827

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

A&A CONCRETE REPAIR LIMITED (REGISTERED NUMBER: 05432065)

BALANCE SHEET - continued
31 MAY 2017


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 11 October 2017 and were
signed on its behalf by:





Mr P D Ashton - Director


A&A CONCRETE REPAIR LIMITED (REGISTERED NUMBER: 05432065)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2017


1. STATUTORY INFORMATION

A&A Concrete Repair 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 is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty 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.
Freehold property - 5% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks 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 balance sheet date.


A&A CONCRETE REPAIR LIMITED (REGISTERED NUMBER: 05432065)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2017


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to
the company's pension scheme are charged to profit or loss in the period to which they
relate.

Employee benefit trusts
The Company has created trusts whose beneficiaries will include employees of the Company
and their dependants. Assets held under this trust will be controlled by trustees who will be
acting independently and entirely at their own authority.

Where the Company retains future economic benefit from, and has de facto control of, the
assets and liabilities of the trust they are accounted for as assets and liabilities of the
Company until the earlier of the date that an allocation of trust funds to employees in respect
of past services is declared and the date that assets of the trust vest in identified individuals.

Where assets are held in a trust and have been assessed by the Company as a result of
services provided by employees in the past to the Company and it can obtain no future
economic benefit from these assets, they will be allocated to the Company's profit and loss
account for the year to which they have arisen irrespective of whether they are physically
held within the trust at that stage.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2016 - 6 ) .

A&A CONCRETE REPAIR LIMITED (REGISTERED NUMBER: 05432065)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2017


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2016
and 31 May 2017 10,000
AMORTISATION
At 1 June 2016 5,500
Amortisation for year 500
At 31 May 2017 6,000
NET BOOK VALUE
At 31 May 2017 4,000
At 31 May 2016 4,500

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 June 2016 91,430 42,734 17,078
Additions - 815 -
At 31 May 2017 91,430 43,549 17,078
DEPRECIATION
At 1 June 2016 7,316 32,956 8,264
Charge for year 1,829 2,119 1,322
At 31 May 2017 9,145 35,075 9,586
NET BOOK VALUE
At 31 May 2017 82,285 8,474 7,492
At 31 May 2016 84,114 9,778 8,814

A&A CONCRETE REPAIR LIMITED (REGISTERED NUMBER: 05432065)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2017


5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 June 2016 111,344 12,777 275,363
Additions - - 815
At 31 May 2017 111,344 12,777 276,178
DEPRECIATION
At 1 June 2016 69,685 10,651 128,872
Charge for year 10,415 1,016 16,701
At 31 May 2017 80,100 11,667 145,573
NET BOOK VALUE
At 31 May 2017 31,244 1,110 130,605
At 31 May 2016 41,659 2,126 146,491

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 150,695 44,735
Amount recoverable on contract 31,000 27,133
Directors' current accounts 19,082 31,513
Prepayments 9,270 5,849
210,047 109,230

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 35,249 36,752
Tax 20,831 34,203
Social security and other taxes 4,492 4,015
VAT 20,978 36,916
Other creditors - 105
Directors' current accounts 177,317 -
Accrued expenses 4,693 3,570
263,560 115,561

A&A CONCRETE REPAIR LIMITED (REGISTERED NUMBER: 05432065)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2017


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended
31 May 2017 and 31 May 2016:

2017 2016
£    £   
Mr P G Ashton
Balance outstanding at start of year 6,287 57,362
Amounts advanced 35,515 61,142
Amounts repaid (219,119 ) (112,217 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (177,317 ) 6,287

Mr P D Ashton
Balance outstanding at start of year 25,226 35,703
Amounts advanced 69,287 80,739
Amounts repaid (75,431 ) (91,216 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,082 25,226

The loans are interest free and repayable on demand.

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £110,200 (2016 - £160,000) were paid to the directors .

Purchase of own shares

On 24 May 2017 the company purchased 40 A shares from the director Mr PG Ashton and 10
C shares from the secretary Mrs KT Ashton paying £170,000 in total for the shares to Mr & Mrs
Ashton.