REGISTERED NUMBER: 06793201 (England and Wales)

AA Utilities Limited

Abbreviated Unaudited Accounts

for the Year Ended

31 March 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

DIRECTORS:

A Aldous

D C Allen

REGISTERED OFFICE:

8 Hopper Way

Diss Business Park

Diss

Norfolk

IP22 4GT

REGISTERED NUMBER:

06793201 (England and Wales)

ACCOUNTANTS:

Haines Watts

8 Hopper Way

Diss

Norfolk

IP22 4GT

FIXED ASSETS

Intangible assets

2

65,000

70,000

Tangible assets

3

62,635

50,974

127,635

120,974

CURRENT ASSETS

Debtors

35,931

27,831

Cash at bank

86,851

108,649

122,782

136,480

CREDITORS

Amounts falling due within one year

4

(61,897

)

(93,216

)

NET CURRENT ASSETS

60,885

43,264

TOTAL ASSETS LESS CURRENT LIABILITIES

188,520

164,238

CREDITORS

Amounts falling due after more than one year

4

(27,053

)

(34,652

)

PROVISIONS FOR LIABILITIES

(12,054

)

(5,878

)

NET ASSETS

149,413

123,708

CAPITAL AND RESERVES

Called up share capital

5

2

2

Profit and loss account

149,411

123,706

SHAREHOLDERS' FUNDS

149,413

123,708

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 24 November 2016 and were signed on its behalf by:

A Aldous - Director

D C Allen - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty years.

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

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 the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

100,000

AMORTISATION

At 1 April 2015

30,000

Amortisation for year

5,000

At 31 March 2016

35,000

NET BOOK VALUE

At 31 March 2016

65,000

At 31 March 2015

70,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

116,128

Additions

38,898

Disposals

(59,925

)

At 31 March 2016

95,101

DEPRECIATION

At 1 April 2015

65,154

Charge for year

8,673

Eliminated on disposal

(41,361

)

At 31 March 2016

32,466

NET BOOK VALUE

At 31 March 2016

62,635

At 31 March 2015

50,974

4.

CREDITORS

Creditors include an amount of £ 40,231 (2015 - £ 44,547 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2

Ordinary

£1

2

2

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2016 and

31 March 2015:

2016

2015

£

£

A Aldous

Balance outstanding at start of year

-

-

Amounts advanced

7,044

-

Amounts repaid

-

-

Balance outstanding at end of year

7,044

-

D C Allen

Balance outstanding at start of year

-

-

Amounts advanced

2,644

-

Amounts repaid

-

-

Balance outstanding at end of year

2,644

-

The loans to directors are interest free and are to be repaid within 9 months of the year end.