REGISTERED NUMBER: 05673389 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2018

FOR

AAP SCAFFOLDING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D R Clarke

C A Lake

Mrs C Clarke

SECRETARY:

Mrs C Clarke

REGISTERED OFFICE:

Lothing House

Quay View Business Park

Barnards Way

Lowestoft

Suffolk

NR32 2HD

REGISTERED NUMBER:

05673389 (England and Wales)

ACCOUNTANTS:

Juler Tooke

Lothing House

Quay View Business Park

Barnards Way

Lowestoft

Suffolk

NR32 2HD

FIXED ASSETS

Tangible assets

4

88,869

89,211

CURRENT ASSETS

Debtors

5

85,192

80,316

Cash at bank and in hand

234,980

119,119

320,172

199,435

CREDITORS

Amounts falling due within one year

6

(115,624

)

(108,341

)

NET CURRENT ASSETS

204,548

91,094

TOTAL ASSETS LESS CURRENT LIABILITIES

293,417

180,305

PROVISIONS FOR LIABILITIES

7

(17,027

)

(17,842

)

NET ASSETS

276,390

162,463

CAPITAL AND RESERVES

Called up share capital

8

103

103

Retained earnings

9

276,287

162,360

SHAREHOLDERS' FUNDS

276,390

162,463

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 29 June 2018 and were signed on its behalf by:

D R Clarke - Director

1.	STATUTORY INFORMATION

AAP Scaffolding 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.

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 etc

-

25% on reducing balance and 20% on reducing balance

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.

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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2017 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2017

219,071

Additions

36,758

At 31 January 2018

255,829

DEPRECIATION

At 1 February 2017

129,860

Charge for year

37,100

At 31 January 2018

166,960

NET BOOK VALUE

At 31 January 2018

88,869

At 31 January 2017

89,211

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.18

31.1.17

£

£

Trade debtors

82,692

77,816

Other debtors

2,500

2,500

85,192

80,316

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.18

31.1.17

£

£

Trade creditors

3,762

1,897

Taxation and social security

49,899

39,765

Other creditors

61,963

66,679

115,624

108,341

7.	PROVISIONS FOR LIABILITIES

31.1.18

31.1.17

£

£

Deferred tax

17,027

17,842

Deferred

tax

£

Balance at 1 February 2017

17,842

Accelerated capital allowances

(815

)

Balance at 31 January 2018

17,027

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.18

31.1.17

value:

£

£

100

Ordinary A

£1

100

100

3

Ordinary B, C and D

£1

3

3

103

103

9.

RESERVES

Retained

earnings

£

At 1 February 2017

162,360

Profit for the year

192,441

Dividends

(78,514

)

At 31 January 2018

276,287

10.	ULTIMATE CONTROLLING PARTY