REGISTERED NUMBER: SC373855 (Scotland)

AH CONTRACTS LTD.

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Halliday

REGISTERED OFFICE:

Burnside Cottage

Ardlui

Arrochar

Dunbartonshire

G83 7DS

REGISTERED NUMBER:

SC373855 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

6,274

7,466

6,274

7,466

CURRENT ASSETS

Debtors

6

37,451

7,291

Cash at bank

48,492

89,014

85,943

96,305

CREDITORS

Amounts falling due within one year

7

6,957

22,179

NET CURRENT ASSETS

78,986

74,126

TOTAL ASSETS LESS CURRENT LIABILITIES

85,260

81,592

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

85,160

81,492

SHAREHOLDERS' FUNDS

85,260

81,592

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 15 December 2017 and were signed by:

A Halliday - Director

1.	STATUTORY INFORMATION

AH Contracts Ltd. is a private company, limited by shares , registered in Scotland. 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 represents net invoiced sales of services in the year, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value

of each asset over its estimated useful life.

Plant and machinery, etc- 25% on cost and 25% reducing balance

Taxation

Taxation for the year comprises current 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2016

and 31 March 2017

10,000

AMORTISATION

At 1 April 2016

and 31 March 2017

10,000

NET BOOK VALUE

At 31 March 2017

-

At 31 March 2016

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

18,871

Additions

3,012

Disposals

(1,816

)

At 31 March 2017

20,067

DEPRECIATION

At 1 April 2016

11,405

Charge for year

3,693

Eliminated on disposal

(1,305

)

At 31 March 2017

13,793

NET BOOK VALUE

At 31 March 2017

6,274

At 31 March 2016

7,466

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

-

7,291

Other debtors

36,153

-

Tax recoverable

1,298

-

37,451

7,291

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Taxation and social security

5,492

14,894

Other creditors

1,465

7,285

6,957

22,179