REGISTERED NUMBER: 02313648 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017

FOR

AARON METAL & PLASTIC SUPPLIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J H Bowker

REGISTERED OFFICE:

Boyce's Building

40-42 Regent Street

Regent Street

Clifton

Bristol

BS8 4HU

REGISTERED NUMBER:

02313648 (England and Wales)

ACCOUNTANTS:

Lawes & Co

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

FIXED ASSETS

Tangible assets

4

187,509

188,251

CURRENT ASSETS

Stocks

3,200

3,900

Debtors

5

154,171

136,467

Cash at bank

51,973

58,714

209,344

199,081

CREDITORS

Amounts falling due within one year

6

147,259

156,993

NET CURRENT ASSETS

62,085

42,088

TOTAL ASSETS LESS CURRENT LIABILITIES

249,594

230,339

PROVISIONS FOR LIABILITIES

350

476

NET ASSETS

249,244

229,863

CAPITAL AND RESERVES

Called up share capital

7

100

100

Revaluation reserve

8

89,044

89,044

Retained earnings

8

160,100

140,719

SHAREHOLDERS' FUNDS

249,244

229,863

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 21 November 2017 and were signed by:

Mr J H Bowker - Director

1.	STATUTORY INFORMATION

Aaron Metal & Plastic Supplies 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 as modified by the revaluation of certain assets.

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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

Property is not being depreciated.

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 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

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

the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST OR VALUATION

At 1 October 2016

and 30 September 2017

185,000

18,195

28,996

8,535

240,726

DEPRECIATION

At 1 October 2016

-

18,025

27,768

6,682

52,475

Charge for year

-

34

245

463

742

At 30 September 2017

-

18,059

28,013

7,145

53,217

NET BOOK VALUE

At 30 September 2017

185,000

136

983

1,390

187,509

At 30 September 2016

185,000

170

1,228

1,853

188,251

Cost or valuation at 30 September 2017 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2015

89,044

-

89,044

Cost

95,956

55,726

151,682

185,000

55,726

240,726

Freehold land and buildings were valued on a market value basis on 13 July 2015 by Andrew Forbes Chartered Surveyors

.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Trade debtors

154,171

136,467

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.17

30.9.16

£

£

Trade creditors

109,065

130,047

Taxation and social security

29,968

19,156

Other creditors

8,226

7,790

147,259

156,993

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.17

30.9.16

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 October 2016

140,719

89,044

229,763

Profit for the year

71,231

71,231

Dividends

(51,850

)

(51,850

)

At 30 September 2017

160,100

89,044

249,144

9.	RELATED PARTY DISCLOSURES

At the year end £34 (2016 - £165) was owed to Mr J H Bowker. This is included within other

creditors.

10.	ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of Mr J H Bowker by virtue of his 100%

shareholding in the company.