REGISTERED NUMBER: 05473880 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2018

FOR

A & A BROWN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A A Brown

A Brown

SECRETARY:

A A Brown

REGISTERED OFFICE:

Thomas House

Sofa Street

Bolton

Lancashire

BL1 4QE

REGISTERED NUMBER:

05473880 (England and Wales)

ACCOUNTANTS:

P B Syddall & Co

Chartered Accountants

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

5,091

5,990

5,091

5,990

CURRENT ASSETS

Stocks

4,286

4,310

Debtors

6

25,065

54,530

Cash at bank and in hand

5,982

7,076

35,333

65,916

CREDITORS

Amounts falling due within one year

7

35,250

67,321

NET CURRENT ASSETS/(LIABILITIES)

83

(1,405

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,174

4,585

PROVISIONS FOR LIABILITIES

745

867

NET ASSETS

4,429

3,718

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,329

3,618

SHAREHOLDERS' FUNDS

4,429

3,718

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 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 28 March 2019 and were signed on its behalf by:

A A Brown - Director

1.	STATUTORY INFORMATION

A & A Brown 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 ten 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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Stocks

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

moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2017

and 30 June 2018

25,750

AMORTISATION

At 1 July 2017

and 30 June 2018

25,750

NET BOOK VALUE

At 30 June 2018

-

At 30 June 2017

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 July 2017

and 30 June 2018

32,540

720

33,260

DEPRECIATION

At 1 July 2017

26,683

587

27,270

Charge for year

879

20

899

At 30 June 2018

27,562

607

28,169

NET BOOK VALUE

At 30 June 2018

4,978

113

5,091

At 30 June 2017

5,857

133

5,990

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

25,065

54,530

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

25,021

59,296

Tax

3,573

2,501

Social security and other taxes

539

515

VAT

4,830

3,483

Directors current account

337

576

Accrued expenses

950

950

35,250

67,321

8.	ULTIMATE CONTROLLING PARTY

The company is controlled By Mr A Brown and Mr A A Brown who have a 50:50 shareholding.