A & J Quality Meats Limited,Ltd

A & J Quality Meats Limited

Chartered Accountants' Report

For the year ended 28 February 2016

Chartered Accountants' Report to the Board of Directors

In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the

accounts of A & J Quality Meats Limited for the year ended 28 February 2016 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising 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 at icaew.com/membershandbook.

This report is made solely to the Board of Directors of A & J Quality Meats Limited, as a body, in accordance with

the terms of our engagement letter dated 29 April 2016. Our work has been undertaken solely to prepare for your

approval the accounts of A & J Quality Meats Limited and state those matters that we have agreed to state to the

Board of Directors of A & J Quality Meats Limited, as a body, in this report in accordance with AAF 2/10 as detailed

at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to

anyone other than A & J Quality Meats Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that A & J Quality Meats Limited has kept adequate accounting records to prepare statutory

accounts that give a true and fair view of the assets, liabilities, financial position and profit of A & J Quality Meats

Limited. You consider that A & J Quality Meats 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 accounts of A & J Quality Meats 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 accounts.

Brewster & Co.

5a Station Terrace

East Boldon

Tyne & Wear

NE36 0LJ

29 April 2016

Dated:

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Abbreviated Balance Sheet

A & J Quality Meats Limited

As at 28 February 2016

05720600

Registered Number :

2016

Notes

2015

Fixed assets

Tangible assets

156

208

156

208

Current assets

Stocks

650

Debtors

332

347

Cash at bank and in hand

13,300

1,375

14,297

2,357

Creditors: amounts falling due within one year

(3,326)

(14,317)

(969)

(20)

Net current liabilities

Total assets less current liabilities

136

(761)

136

Net assets/liabilities

(761)

Capital and reserves

Called up share capital

Profit and loss account

134

(763)

136

(761)

Shareholders funds

For the year ended 28 February 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Date approved by the board: 29 April 2016

Mr John Brice Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

A & J Quality Meats Limited

For the year ended 28 February 2016

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Dividends

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved

by the shareholders prior to the balance sheet date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings

25% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

2,000

At 01 March 2015

At 28 February 2016

2,000

Depreciation

1,792

At 01 March 2015

Charge for year

1,844

At 28 February 2016

Net book values

At 28 February 2016

156

208

At 28 February 2015

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