REGISTERED NUMBER: 00759052 (England and Wales)

A CAREY & SON LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J P O'Donoghue

B R Wilde

D T Hughes

SECRETARY:

J P O'Donoghue

REGISTERED OFFICE:

Caroline House

146 Audenshaw Road

Audenshaw

Manchester

M34 5HQ

REGISTERED NUMBER:

00759052 (England and Wales)

ACCOUNTANTS:

Usher Spiby & Co

Chartered Accountants

76 Manchester Road

Denton

Manchester

M34 3PS

PARENT COMPANY:

Carey Management Limited

146 Audenshaw Road

Audenshaw

Manchester

M34 5HQ

FIXED ASSETS

Tangible assets

4

88

220

CURRENT ASSETS

Stocks

32,459

59,937

Debtors

5

388,295

340,612

Cash at bank and in hand

148,079

164,358

568,833

564,907

CREDITORS

Amounts falling due within one year

6

123,604

113,546

NET CURRENT ASSETS

445,229

451,361

TOTAL ASSETS LESS CURRENT LIABILITIES

445,317

451,581

CAPITAL AND RESERVES

Called up share capital

6,630

6,630

Share premium

32,400

32,400

Retained earnings

406,287

412,551

SHAREHOLDERS' FUNDS

445,317

451,581

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 11 January 2018 and were signed on its behalf by:

B R Wilde - Director

D T Hughes - Director

1.	STATUTORY INFORMATION

A Carey & Son 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.

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

25% on cost

Stocks

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

moving items.

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.

Group accounts

The company has taken advantage of the exemptions conferred by Section 248 of the Companies Act 1985 not to

prepare group accounts. Accordingly the financial statements present information about the company as a single

undertaking and not about its group.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2016

and 30 April 2017

7,200

37,648

44,848

DEPRECIATION

At 1 May 2016

7,200

37,428

44,628

Charge for year

-

132

132

At 30 April 2017

7,200

37,560

44,760

NET BOOK VALUE

At 30 April 2017

-

88

88

At 30 April 2016

-

220

220

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade debtors

67,555

21,712

Other debtors

320,740

318,900

388,295

340,612

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade creditors

47,958

66,977

Taxation and social security

49,437

28,246

Other creditors

26,209

18,323

123,604

113,546

7.	CONTINGENT LIABILITIES

The company, A Carey & Son Limited has authorised a cross company guarantee in respect of Carey

Management Limited.

8.	RELATED PARTY DISCLOSURES

Carey Management Limited

The Parent Company.

30.4.17

30.4.16

£

£

Amount due from related party at the balance sheet date

308,494

308,481

Caroline House Developments Limited

The directors are also directors of Caroline House Developments Ltd.

Payments amounting to £8,424 (2016 £7,287) were made in respect of office rental and electricity costs.

30.4.17

30.4.16

£

£

Amount due from related party at the balance sheet date

3,048

770

9.	ULTIMATE CONTROLLING PARTY

The company was under the control of it's directors during the year.