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REGISTERED NUMBER: SC250844 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2018

for

A & S Business Services Limited

A & S Business Services Limited (Registered nu






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A & S Business Services Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: Mrs S M Howes
A K Howes





SECRETARY: Mrs S M Howes





REGISTERED OFFICE: Ellisford
Kirkcudbright
DG6 4SG





REGISTERED NUMBER: SC250844 (Scotland)






A & S Business Services Limited (Registered nu

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,213 4,067

CURRENT ASSETS
Stocks 175 175
Debtors 5 15,160 9,415
Cash at bank 101,234 77,827
116,569 87,417
CREDITORS
Amounts falling due within one year 6 31,323 29,547
NET CURRENT ASSETS 85,246 57,870
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,459

61,937

PROVISIONS FOR LIABILITIES 610 813
NET ASSETS 87,849 61,124

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 87,749 61,024
SHAREHOLDERS' FUNDS 87,849 61,124

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

A & S Business Services Limited (Registered nu

Balance Sheet - continued
31 March 2018


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 25 November 2018 and were signed on
its behalf by:




Mrs S M Howes - Director



A K Howes - Director


A & S Business Services Limited (Registered nu

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

A & S Business Services Limited 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 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.
Office Equipment - 33% on cost and 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

A & S Business Services Limited (Registered nu

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

4. TANGIBLE FIXED ASSETS
Office
Equipment
£   
COST
At 1 April 2017 18,356
Additions 1,008
At 31 March 2018 19,364
DEPRECIATION
At 1 April 2017 14,289
Charge for year 1,862
At 31 March 2018 16,151
NET BOOK VALUE
At 31 March 2018 3,213
At 31 March 2017 4,067

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 12,625 7,404
Other debtors 2,535 2,011
15,160 9,415

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors - 425
Taxation and social security 18,437 15,215
Other creditors 12,886 13,907
31,323 29,547

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The Company owed Mr A K Howes, director £6,328 (2017 £6,921) on current account at balance sheet
date and Mrs S M Howes, director £6,329 (2017 £6,921) on current account at balance sheet date.
Both directors have indicated that they will not require repayment of these accounts unless the
Company is otherwise able to meet its financial obligations as they fall due. The current accounts do
not carry interest.

8. RELATED PARTY DISCLOSURES

The ultimate controlling party of the company is Mrs S M Howes, director and majority shareholder.