REGISTERED NUMBER: 06640044 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2014

FOR

A & B AITKEN LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A Aitken

Mrs B A Aitken

REGISTERED OFFICE:

12 Fishers Close

Gt Barford

Bedford

Bedfordshire

MK44 3JL

REGISTERED NUMBER:

06640044 (England and Wales)

ACCOUNTANTS:

Darrington & Co Limited

71 High Street

Gt Barford

Bedford

Bedfordshire

MK44 3LF

FIXED ASSETS

Tangible assets

2

20,946

48

CURRENT ASSETS

Cash at bank

30,527

29,216

CREDITORS

Amounts falling due within one year

12,769

679

NET CURRENT ASSETS

17,758

28,537

TOTAL ASSETS LESS CURRENT LIABILITIES

38,704

28,585

CAPITAL AND RESERVES

Called up share capital

3

100

2

Profit and loss account

38,604

28,583

SHAREHOLDERS' FUNDS

38,704

28,585

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 7 January 2015 and were signed on its behalf by:

A Aitken - Director

Mrs B A Aitken - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced fees receivable, excluding value added tax.

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 equipment

-

15% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

1,103

Additions

23,712

At 31 July 2014

24,815

DEPRECIATION

At 1 August 2013

1,055

Charge for year

2,814

At 31 July 2014

3,869

NET BOOK VALUE

At 31 July 2014

20,946

At 31 July 2013

48

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

£

100

Ordinary

£1

100

2

98 Ordinary shares of £1 each were allotted and fully paid for cash at par during the year.