A loan has been granted by the company to its director, Mr A A Hambly, as follows:

Opening balance        £80,321

Amounts advanced    £536

Interest charged        £3,622

Amounts repaid        (£3,600)

Closing balance        £80,879

Interest is charged on the loan balance at 4.5% per annum.

A. Brown & Co. (Mitcham) Ltd. is a private company limited by shares incorporated in England and Wales. The registered office is Glen Farm, Bones Lane, New Chapel, Lingfield, Surrey, RH7 6HR.

The director of the company have elected not to include a copy of the profit and loss account within the financial statements.

For the year ended 30 April 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.