REGISTERED NUMBER: 03086470 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 August 2016

for

A+R Central Heating & Boiler

Repair Experts Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A S Morgan

REGISTERED OFFICE:

46/48 Long Street

Middleton

Manchester

M24 6UQ

REGISTERED NUMBER:

03086470 (England and Wales)

ACCOUNTANTS:

Archwood Accountants

Archwood House

46/48 Long Street

Middleton

Manchester

M24 6UQ

FIXED ASSETS

Tangible assets

2

126,283

126,609

CURRENT ASSETS

Stocks

10,420

10,000

Cash at bank and in hand

6,478

5,763

16,898

15,763

CREDITORS

Amounts falling due within one year

3

52,393

47,079

NET CURRENT LIABILITIES

(35,495

)

(31,316

)

TOTAL ASSETS LESS CURRENT LIABILITIES

90,788

95,293

CREDITORS

Amounts falling due after more than one year

3

88,042

94,992

NET ASSETS

2,746

301

CAPITAL AND RESERVES

Called up share capital

4

3

3

Profit and loss account

2,743

298

SHAREHOLDERS' FUNDS

2,746

301

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 11 May 2017 and were signed by:

A S Morgan - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on the assumption the company is a going concern. The company is supported

by the director and the funds provided by him. The director has indicated his willingness to defer withdrawal of

his directors loan account and as such it is reasonable to rely on it. In consideration of this support the company

is a going concern.

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

not provided

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date in accordance with FRS19.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

135,480

DEPRECIATION

At 1 September 2015

8,871

Charge for year

326

At 31 August 2016

9,197

NET BOOK VALUE

At 31 August 2016

126,283

At 31 August 2015

126,609

3.

CREDITORS

Creditors include an amount of £ 96,042 (31.8.15 - £ 103,792 ) for which security has been given.

They also include the following debts falling due in more than five years:

31.8.16

31.8.15

£

£

Repayable by instalments

56,042

59,792

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

£

2

Ordinary A

£1

2

2

1

Ordinary B

£1

1

1

3

3