REGISTERED NUMBER: 06452107 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2017

FOR

A & J EKSTROMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Amanda Falsey

Mark Alan Wright

Alan David Wright

SECRETARY:

Amanda Falsey

REGISTERED OFFICE:

700 Bretton Way

Bretton Park Industrial Estate

Dewsbury

West Yorkshire

WF12 9BS

REGISTERED NUMBER:

06452107 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

7 Wellington Road East

Dewsbury

West Yorkshire

WF13 1HF

FIXED ASSETS

Tangible assets

4

1,473

3,867

CURRENT ASSETS

Stocks

31,125

31,125

Debtors

5

55,000

55,000

Cash at bank

884

3,085

87,009

89,210

CREDITORS

Amounts falling due within one year

6

160,169

158,078

NET CURRENT LIABILITIES

(73,160

)

(68,868

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(71,687

)

(65,001

)

CAPITAL AND RESERVES

Called up share capital

200

200

Profit and loss account

(71,887

)

(65,201

)

SHAREHOLDERS' FUNDS

(71,687

)

(65,001

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors on 29 November 2017 and were signed on its behalf by:

Amanda Falsey - Director

Mark Alan Wright - Director

1.	STATUTORY INFORMATION

A & J Ekstroms 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.

Office equipment

-

20% on cost

Fixtures and fittings

-

20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling

costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss

account, 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 3 (2016 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Office

and

equipment

fittings

Totals

£

£

£

COST

At 1 March 2016

and 28 February 2017

2,975

8,946

11,921

DEPRECIATION

At 1 March 2016

2,032

6,022

8,054

Charge for year

604

1,790

2,394

At 28 February 2017

2,636

7,812

10,448

NET BOOK VALUE

At 28 February 2017

339

1,134

1,473

At 29 February 2016

943

2,924

3,867

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Amounts owed by related party

55,000

55,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

1,501

3,760

Amounts owed to group undertakings

158,268

141,135

Taxation and social security

-

12,173

Other creditors

400

1,010

160,169

158,078

7.	CONTINGENT LIABILITIES

Barclays Bank Plc hold as security a composite accounting agreement between A & J Ekstroms

Limited and its other group companies.

At 28 February 2017, the total obligation to the bank of those companies was £816,644 (2016:

£763,811).

8.	RELATED PARTY DISCLOSURES

Alan David Wright, through his ownership of A & J Fabtech Limited, has control over a majority of

shares in the company, and together with his involvement in its day-to-day management, is deemed to

be the controlling party for the purposes of Financial Reporting Standard No. 102.

As at 28 February 2017 A & J Ekstroms Limited was owed £55,000 (2016: £55,000) from Leyden

Precision Engineering Limited.

During the year ended 28 February 2017 the following transactions took place with A & J Fabtech

Limited, the groups parent company.

- Provided subcontract labour of £Nil (2016: £82,260) to A & J Fabtech Limited.

- As at 28 February 2017 the company owed £158,268 (2016: £141,135) to A & J Fabtech Limited