REGISTERED NUMBER: SC284098 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 October 2017

for

A & E Zanre Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A J P Zanre

Mrs E S Zanre

SECRETARY:

Mrs E S Zanre

REGISTERED OFFICE:

5 Richmondhill Road

Peterhead

Aberdeenshire

AB42 3GJ

REGISTERED NUMBER:

SC284098 (Scotland)

ACCOUNTANTS:

SBP

Accountants

Glebefield House

21 Links Terrace

Peterhead

Aberdeenshire

AB42 2XA

FIXED ASSETS

Tangible assets

4

438

38

CURRENT ASSETS

Debtors

5

10,517

6,237

Cash at bank

7,452

8,258

17,969

14,495

CREDITORS

Amounts falling due within one year

6

18,306

14,432

NET CURRENT (LIABILITIES)/ASSETS

(337

)

63

TOTAL ASSETS LESS CURRENT LIABILITIES

101

101

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1

1

SHAREHOLDERS' FUNDS

101

101

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 26 January 2018 and were signed on its behalf by:

A J P Zanre - Director

1.	STATUTORY INFORMATION

A & E Zanre 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 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

-

20% on reducing balance

Tangible fixed assets are included at cost less depreciation and impairment. The residual value is reassessed at

the end of each accounting period.

Debtors and creditors receivable /payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at

transaction price. Any losses arising from impairment are recognised in the profit and loss account in other

administrative costs.

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.

Transition note

The financial statements for the year ended 31 October 2017 are the first financial statements that comply with

FRS102 Section 1A small entities. The date of transition is 1 January 2016. The transition has resulted in a small

number of changes in accounting policies to those used previously.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2016

1,428

Additions

624

Disposals

(1,428

)

At 31 October 2017

624

DEPRECIATION

At 1 November 2016

1,390

Charge for year

186

Eliminated on disposal

(1,390

)

At 31 October 2017

186

NET BOOK VALUE

At 31 October 2017

438

At 31 October 2016

38

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Trade debtors

2,984

855

Other debtors

7,533

5,382

10,517

6,237

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Trade creditors

1,446

1,463

Taxation and social security

14,897

10,719

Other creditors

1,963

2,250

18,306

14,432