A&A ACCOUNTANCY SERVICES LTD

Company Registration Number:
07176107 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

A&A ACCOUNTANCY SERVICES LTD

Abbreviated Balance sheet

As at 31 March 2016


Notes
2016
£
2015
£
Fixed assets
Tangible assets: 2 5,198 2,051
Total fixed assets: 5,198 2,051
Current assets
Debtors: 17,953 13,435
Cash at bank and in hand: 20,706 25,674
Total current assets: 38,659 39,109
Creditors: amounts falling due within one year: ( 2,405 ) ( 5,159 )
Net current assets (liabilities): 36,254 33,950
Total assets less current liabilities: 41,452 36,001
Total net assets (liabilities): 41,452 36,001

The notes form part of these financial statements

A&A ACCOUNTANCY SERVICES LTD

Balance sheet continued

As at 31 March 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 3 11 11
Profit and loss account: 41,441 35,990
Shareholders funds: 41,452 36,001

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 22 September 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Aung Soe
Status: Director

The notes form part of these financial statements

A&A ACCOUNTANCY SERVICES LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities.

    Turnover policy

    The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

    In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

    Tangible fixed assets depreciation policy

    All fixed assets are initially recorded at cost.

    Depreciation

    Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

    Freehold Property - 2% reducing balance
    Plant & Machinery - 25% straight line
    Fixtures & Fittings - 10% straight line
    Motor Vehicles - 20% straight line

A&A ACCOUNTANCY SERVICES LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 2. Tangible assets

    Total
    Cost £
    01 April 2015: 4,309
    Additions: 3,990
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2016: 8,299
    Depreciation
    01 April 2015: 2,258
    Charge for year: 843
    On disposals: 0
    Other adjustments: 0
    31 March 2016: 3,101
    Net book value
    31 March 2016: 5,198
    31 March 2015: 2,051

A&A ACCOUNTANCY SERVICES LTD

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 11 1.00 11
    Preference shares: 0
    Total share capital (£): 11
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 11 1.00 11
    Preference shares: 0
    Total share capital (£): 11