REGISTERED NUMBER: SC280005 (Scotland)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2018

FOR

AA MOBILITY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr John Brannigan

SECRETARY:

Mr John Brannigan

REGISTERED OFFICE:

165 Main Street

Wishaw

Lanarkshire

ML2 7AU

REGISTERED NUMBER:

SC280005 (Scotland)

ACCOUNTANTS:

Feely & Company, Chartered Accountants

165 Main Street

Wishaw

Lanarkshire

ML2 7AU

FIXED ASSETS

Tangible assets

4

1,948

3,897

CURRENT ASSETS

Stocks

210

890

Debtors

5

2,885

10,724

Cash in hand

20

20

3,115

11,634

CREDITORS

Amounts falling due within one year

6

25,679

25,479

NET CURRENT LIABILITIES

(22,564

)

(13,845

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(20,616

)

(9,948

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(20,618

)

(9,950

)

SHAREHOLDERS' FUNDS

(20,616

)

(9,948

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 29 January 2019 and were signed by:

Mr John Brannigan - Director

1.	STATUTORY INFORMATION

AA Mobility 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 represents net sales of goods and services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor Vehicles - 50% 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase

contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives

or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is

treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2017

and 30 April 2018

15,977

DEPRECIATION

At 1 May 2017

12,080

Charge for year

1,949

At 30 April 2018

14,029

NET BOOK VALUE

At 30 April 2018

1,948

At 30 April 2017

3,897

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 May 2017

and 30 April 2018

15,977

DEPRECIATION

At 1 May 2017

12,080

Charge for year

1,949

At 30 April 2018

14,029

NET BOOK VALUE

At 30 April 2018

1,948

At 30 April 2017

3,897

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

2,779

9,898

Other debtors

106

826

2,885

10,724

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Bank loans and overdrafts

8,404

743

Hire purchase contracts

-

274

Trade creditors

1,347

7,087

Taxation and social security

7,054

7,393

Other creditors

8,874

9,982

25,679

25,479