REGISTERED NUMBER: 06692842 (England and Wales)

A & S Trading (Blackwood) Ltd

Trading as

Cash Generator

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Bourne-Smith

REGISTERED OFFICE:

67 Commercial Road

Newport

Blaenau Gwent

NP20 1LQ

REGISTERED NUMBER:

06692842 (England and Wales)

ACCOUNTANTS:

Smart Accountants (Coalville) Ltd

113 Belvoir Road

Coalville

Leicestershire

LE67 3PH

FIXED ASSETS

Tangible assets

4

7,782

9,728

CURRENT ASSETS

Stocks

40,333

42,832

Debtors

5

21,515

30,855

Cash in hand

3,046

5,354

64,894

79,041

CREDITORS

Amounts falling due within one year

6

64,673

86,762

NET CURRENT ASSETS/(LIABILITIES)

221

(7,721

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,003

2,007

CAPITAL AND RESERVES

Called up share capital

2,000

2,000

Retained earnings

6,003

7

SHAREHOLDERS' FUNDS

8,003

2,007

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 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 12 April 2017 and were signed by:

S Bourne-Smith - Director

1.	STATUTORY INFORMATION

A & S Trading (Blackwood) Ltd 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2016

and 31 December 2016

55,027

DEPRECIATION

At 1 January 2016

45,299

Charge for year

1,946

At 31 December 2016

47,245

NET BOOK VALUE

At 31 December 2016

7,782

At 31 December 2015

9,728

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other debtors

21,515

30,855

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Bank loans and overdrafts

21,645

17,684

Trade creditors

7,026

5,820

Taxation and social security

9,520

13,512

Other creditors

26,482

49,746

64,673

86,762