REGISTERED NUMBER: 04491375 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 OCTOBER 2017

FOR

A & A APPLIANCE CARE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S J Chidler

SECRETARY:

Mrs K A Chidler

REGISTERED OFFICE:

359 Yardley Road

Yardley

Birmingham

West Midlands

B25 8NB

REGISTERED NUMBER:

04491375 (England and Wales)

ACCOUNTANTS:

Williams, Ashton & Anderson Limited

359 Yardley Road

Yardley

Birmingham

West Midlands

B25 8NB

FIXED ASSETS

Tangible assets

4

5,680

7,553

CURRENT ASSETS

Stocks

2,100

1,800

Cash at bank

-

4,049

2,100

5,849

CREDITORS

Amounts falling due within one year

5

6,381

9,350

NET CURRENT LIABILITIES

(4,281

)

(3,501

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,399

4,052

CREDITORS

Amounts falling due after more than one year

6

-

(1,067

)

PROVISIONS FOR LIABILITIES

8

(1,079

)

(1,510

)

NET ASSETS

320

1,475

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

318

1,473

SHAREHOLDERS' FUNDS

320

1,475

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 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 25 July 2018 and were signed by:

S J Chidler - Director

1.	STATUTORY INFORMATION

A & A Appliance Care 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.

Equipment

-

15% on reducing balance

Motor vehicles

-

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 1 .

4.	TANGIBLE FIXED ASSETS

Motor

Equipment

vehicles

Totals

£

£

£

COST

At 1 November 2016

and 31 October 2017

752

21,603

22,355

DEPRECIATION

At 1 November 2016

604

14,198

14,802

Charge for year

22

1,851

1,873

At 31 October 2017

626

16,049

16,675

NET BOOK VALUE

At 31 October 2017

126

5,554

5,680

At 31 October 2016

148

7,405

7,553

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Bank loans and overdrafts (see note 7)

1,585

-

Hire purchase contracts

1,067

3,200

Trade creditors

-

636

Corporation tax

2,141

3,876

Director's loan account

68

248

Accrued expenses

1,520

1,390

6,381

9,350

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.17

31.10.16

£

£

Hire purchase contracts

-

1,067

7.

LOANS

An analysis of the maturity of loans is given below:

31.10.17

31.10.16

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

1,585

-

8.	PROVISIONS FOR LIABILITIES

31.10.17

31.10.16

£

£

Deferred tax

1,079

1,510

Deferred

tax

£

Balance at 1 November 2016

1,510

Credit to Income Statement during year

(431

)

Balance at 31 October 2017

1,079

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.17

31.10.16

value:

£

£

2

Ordinary

£1

2

2

10.

RESERVES

Retained

earnings

£

At 1 November 2016

1,473

Profit for the year

7,445

Dividends

(8,600

)

At 31 October 2017

318

11.	RELATED PARTY DISCLOSURES

There was a balance owing by the company to the director on his loan account at 31 October 2017 of

£68 (2016 £248).