REGISTERED NUMBER: 06822813 (England and Wales)

Unaudited Financial Statements

for the Year Ended 5 April 2017

for

A H Bell & Son Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

D H Bell

Mrs J A Bell

SECRETARY:

Mrs J A Bell

REGISTERED OFFICE:

15 Newland

Lincoln

Lincolnshire

LN1 1XG

REGISTERED NUMBER:

06822813 (England and Wales)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to

file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements

and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of A H Bell & Son Limited for the year ended 5 April 2017 which comprise the Income Statement,

Balance Sheet and the related notes from the company's accounting records and from information and explanations

you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of A H Bell & Son Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A H Bell & Son Limited and state those matters that we have agreed to state to the Board of Directors of A H Bell & Son Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A H Bell & Son Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A H Bell & Son Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A H Bell & Son Limited. You consider that A H Bell & Son Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A H Bell & Son Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

11 December 2017

FIXED ASSETS

Tangible assets

4

211,458

366,267

CURRENT ASSETS

Stocks

161,398

170,945

Debtors

5

35,115

104,607

Cash at bank

258,308

152,805

454,821

428,357

CREDITORS

Amounts falling due within one year

6

106,494

249,162

NET CURRENT ASSETS

348,327

179,195

TOTAL ASSETS LESS CURRENT LIABILITIES

559,785

545,462

CREDITORS

Amounts falling due after more than one year

7

(155,489

)

(163,805

)

PROVISIONS FOR LIABILITIES

(34,795

)

(18,432

)

NET ASSETS

369,501

363,225

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

369,401

363,125

SHAREHOLDERS' FUNDS

369,501

363,225

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 11 December 2017 and were signed on its behalf by:

D H Bell - Director

1.	STATUTORY INFORMATION

A H Bell & Son Limited 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 - 25% on reducing balance

Motor vehicles - 25% on reducing balance

Computer equipment - 25% 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.

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 6 (2016 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 6 April 2016

231,664

341,256

46,561

4,828

624,309

Additions

-

169,721

-

121

169,842

Disposals

(231,664

)

(75,400

)

-

-

(307,064

)

At 5 April 2017

-

435,577

46,561

4,949

487,087

DEPRECIATION

At 6 April 2016

-

238,934

16,329

2,779

258,042

Charge for year

-

46,839

7,558

538

54,935

Eliminated on disposal

-

(37,348

)

-

-

(37,348

)

At 5 April 2017

-

248,425

23,887

3,317

275,629

NET BOOK VALUE

At 5 April 2017

-

187,152

22,674

1,632

211,458

At 5 April 2016

231,664

102,322

30,232

2,049

366,267

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

14,541

79,639

Other debtors

20,574

24,968

35,115

104,607

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

36,683

44,180

Hire purchase contracts

14,625

-

Trade creditors

37,305

19,964

Taxation and social security

10,165

27,083

Other creditors

7,716

157,935

106,494

249,162

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Bank loans

126,239

163,805

Hire purchase contracts

29,250

-

155,489

163,805

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

29,056

57,840

8.	SECURED DEBTS

The following secured debts are included within creditors:

2017

2016

£

£

Bank loans

162,922

207,985

The bank loan is secured by a fixed and floating charge over the assets of the company.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

100

Ordinary

£1

100

100