A & A Enterprise Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04487606 (England and Wales)

Financial Statements for the Year Ended 31 July 2017

for

A & A Enterprise Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Mrs Bhanuben Patel

Mr Yogeshchandra Patel

SECRETARY:

Mr Yogeshchandra Patel

REGISTERED OFFICE:

Desai House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

REGISTERED NUMBER:

04487606 (England and Wales)

ACCOUNTANTS:

Desai & Co Accountants

Desai House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

FIXED ASSETS

Intangible assets

4

90,000

Property, plant and equipment

5

229,972

231,406

319,972

321,406

CURRENT ASSETS

Inventories

6

2,975

3,109

Debtors

7

-

500

Cash at bank and in hand

13,827

13,210

16,802

16,819

CREDITORS

Amounts falling due within one year

8

203,416

201,644

NET CURRENT LIABILITIES

(186,614

)

(184,825

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

133,358

136,581

CREDITORS

Amounts falling due after more than one
year

9

126,661

133,977

NET ASSETS

6,697

2,604

CAPITAL AND RESERVES

Called up share capital

10

2

Retained earnings

11

6,695

2,602

SHAREHOLDERS' FUNDS

6,697

2,604

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

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

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 3 April 2018 and were signed on its
behalf by:

Mr Yogeshchandra Patel - Director

1.	STATUTORY INFORMATION

A & A Enterprise 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.

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.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2016

and 31 July 2017

90,000

NET BOOK VALUE

At 31 July 2017

90,000

At 31 July 2016

90,000

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

COST

At 1 August 2016

and 31 July 2017

224,236

34,056

2,064

260,356

DEPRECIATION

At 1 August 2016

-

27,459

1,491

28,950

Charge for year

-

1,319

115

1,434

At 31 July 2017

-

28,778

1,606

30,384

NET BOOK VALUE

At 31 July 2017

224,236

5,278

458

229,972

At 31 July 2016

224,236

6,597

573

231,406

6.	INVENTORIES

31.7.17

31.7.16

£

Stocks

2,975

3,109

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

Prepayments

-

500

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

Corporation Tax

1,352

1,204

Directors' current accounts

201,749

200,038

Accrued expenses

315

402

203,416

201,644

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.7.17

31.7.16

£

Loan Account

126,661

133,977

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.17

31.7.16

value:

£

2

Ordinary

£1

2

11.

RESERVES

Retained

earnings

£

At 1 August 2016

2,602

Profit for the year

4,093

At 31 July 2017

6,695

12.	FIRST YEAR ADOPTION

No restatement of the Profit and Loss Account, Other Comprehensive Income or Balance Sheet and no

changes to accounting policies have been required on transition.

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only

required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and

certain other primary statements and the Report of the Directors are not required to be filed with the

Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 July 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Desai & Co Accountants

Desai House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

Date: .............................................