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REGISTERED NUMBER: 01354414 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

FOR

AAE LIMITED

AAE LIMITED (REGISTERED NUMBER: 01354414)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

AAE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2017







DIRECTORS: Miss K Davies
Mrs G Davies





REGISTERED OFFICE: 1 Princess Mews
London
NW3 5AP





REGISTERED NUMBER: 01354414 (England and Wales)





ACCOUNTANTS: KBSP Partners LLP
Chartered Accountants
Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH

AAE LIMITED (REGISTERED NUMBER: 01354414)

BALANCE SHEET
30 APRIL 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 217,346 217,346

CURRENT ASSETS
Debtors 5 - 54,791
Cash at bank 98,260 46,734
98,260 101,525
CREDITORS
Amounts falling due within one year 6 5,745 6,348
NET CURRENT ASSETS 92,515 95,177
TOTAL ASSETS LESS CURRENT
LIABILITIES

309,861

312,523

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 309,761 312,423
SHAREHOLDERS' FUNDS 309,861 312,523

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors on 17 January 2018 and were signed on its behalf by:





Mrs G Davies - Director


AAE LIMITED (REGISTERED NUMBER: 01354414)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2017


1. STATUTORY INFORMATION

AAE 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 represents net invoiced sales of services.

Tangible fixed assets
No amortisation is provided on the long leasehold properties.

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial
assets and liabilities like trade debtors and creditors and loans from banks.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period
for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is
recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an
enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise
the asset and settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4. TANGIBLE FIXED ASSETS
Long
leasehold
£   
COST
At 1 May 2016
and 30 April 2017 217,346
NET BOOK VALUE
At 30 April 2017 217,346
At 30 April 2016 217,346

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Directors' current accounts - 54,791

AAE LIMITED (REGISTERED NUMBER: 01354414)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2017


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Tax 3,857 4,508
Directors' current accounts 28 -
Accrued expenses 1,860 1,840
5,745 6,348

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the end of the period, the directors were owed by the company £28 (2016: owed to the company £54,791).
The amount, of £54,791 advanced last year interest free and was repaid in full on 23 January 2017.

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £18,000 were paid to the directors .

9. FIRST YEAR ADOPTION

These financial statements for the year ended 30 April 2017 are the first financial statements that comply with
FRS102 Section 1A small entities.The date of transition is 01 May 2015.

The transition to FRS 102 Section 1A small entities have resulted in no changes in accounting policies to those
used previously, therefore no separate statements for any adjustments are disclosed.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
AAE LIMITED


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 Balance Sheet. 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of AAE Limited for the year ended 30 April 2017 which comprise the Profit and Loss account, Balance
Sheet, and the related notes from the company's accounting records and from information and explanations you have
given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of AAE Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of AAE Limited and state those matters that we have agreed to state to the Board of Directors of AAE Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AAE Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that AAE Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of AAE Limited. You consider that AAE Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of AAE Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






KBSP Partners LLP
Chartered Accountants
Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH


22 January 2018