A&O Ventures Limited Accounts






A&O Ventures Limited
	Company No. 06996798
		Information for Filing with The Registrar
		31 March 2018

The Directors present their report and the accounts for the year ended 31 March 2018.

Principal activities
The principal activity of the company during the year under review was that of providing management consultancy services.




Directors

The Directors who served at any time during the year were as follows:

A.K. Bloomfield
O.C. Bloomfield


































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

O.C. Bloomfield
Director
21 May 2018

at	31 March 2018

Company No.		06996798	Notes	2018	2017
				£	£






Current assets

	Debtors		3	33,966	39,405

	Cash at bank and in hand			49,021	56,563
				82,987	95,968
Creditors: Amount falling due within one year			4	(1,488)	(1,800)
Net current assets				81,499	94,168
Total assets less current liabilities				81,499	94,168




Net assets				81,499	94,168

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		5	81,399	94,068

Total equity				81,499	94,168


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 March 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 21 May 2018

And signed on its behalf by:

O.C. Bloomfield
Director

for the year ended 31 March 2018

Accounting policies

Basis of preparation

The accounts have been prepared in accordance with FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Companies Act 2006 . There were no material departures from that standard.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2	Employees
			2018	2017
			Number	Number
		The average number of persons employed during the year :	1	1

3	Debtors
			2018	2017
			£	£





		Loans to directors	843	6,282
		Other debtors	33,123	33,123

			33,966	39,405

4	Creditors:
		amounts falling due within one year
			2018	2017
			£	£










		Accruals and deferred income	1,488	1,800
			1,488	1,800

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

Related party disclosures

Controlling party

Immediate controlling party

O.C.Bloomfield

Additional information

Its registered number is:

06996798

Its registered office is:

Preston Court

Preston-on-Wye

Hereford

HR2 9JU