REGISTERED NUMBER: 06497835 (England and Wales)

A & D ENVIRONMENTAL SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2018

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Directors:

A J Simpson

D Holmes

Secretary:

D Holmes

Registered office:

St Andrews House

Yale Business Village

Ellice Way

Wrexham

Clwyd

LL13 7YL

Registered number:

06497835 (England and Wales)

Accountants:

John Davies and Co

St Andrews House

Yale Business Village

Ellice Way

Wrexham

Wrexham CB

LL13 7YL

Fixed assets

Tangible assets

4

132,972

125,491

Current assets

Stocks

105,682

94,439

Debtors

5

294,161

209,979

Cash at bank

32,641

157,505

432,484

461,923

Creditors

Amounts falling due within one year

6

279,987

299,602

Net current assets

152,497

162,321

Total assets less current liabilities

285,469

287,812

Creditors

Amounts falling due after more than one year

7

-

(4,550

)

Provisions for liabilities

(24,047

)

(22,359

)

Net assets

261,422

260,903

Capital and reserves

Called up share capital

10

10

Retained earnings

261,412

260,893

Shareholders' funds

261,422

260,903

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 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 Board of Directors on 5 October 2018 and were signed on its behalf by:

A J Simpson - Director

1.	Statutory information

A & D Environmental Services 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 made up of net sales excluding Value Added Tax. Income is recognised as payment

becomes due.

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

Computer equipment

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Fixtures & Fittings

-

15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and

handling costs in bringing stocks to their present location and condition.

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

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 35 (2017 - 37 ) .

4.	Tangible fixed assets

Plant and

Computer

Motor

Fixtures

machinery

equipment

vehicles

& Fittings

Totals

£

£

£

£

£

Cost

At 1 April 2017

69,046

25,775

112,457

24,677

231,955

Additions

20,855

3,419

20,740

-

45,014

Disposals

-

-

(9,950

)

-

(9,950

)

At 31 March 2018

89,901

29,194

123,247

24,677

267,019

Depreciation

At 1 April 2017

36,555

14,301

41,811

13,797

106,464

Charge for year

8,222

2,946

20,783

1,632

33,583

Eliminated on disposal

-

-

(6,000

)

-

(6,000

)

At 31 March 2018

44,777

17,247

56,594

15,429

134,047

Net book value

At 31 March 2018

45,124

11,947

66,653

9,248

132,972

At 31 March 2017

32,491

11,474

70,646

10,880

125,491

5.

Debtors: amounts falling due within one year

2018

2017

£

£

Trade debtors

269,784

195,084

Other debtors

24,377

14,895

294,161

209,979

6.

Creditors: amounts falling due within one year

2018

2017

£

£

Bank loans and overdrafts

3,956

-

Hire purchase contracts

4,550

17,516

Trade creditors

128,251

101,396

Taxation and social security

124,425

135,727

Other creditors

18,805

44,963

279,987

299,602

7.

Creditors: amounts falling due after more than one year

2018

2017

£

£

Hire purchase contracts

-

4,550

8.	Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2018

and 31 March 2017:

2018

2017

£

£

D Holmes

Balance outstanding at start of year

(1,866

)

(11,083

)

Amounts advanced

7,272

9,217

Amounts repaid

(219

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,187

(1,866

)

Amounts advanced in the year are made up of numerous personal expenditure paid on behalf of the

Director by the company. Amounts repaid relate to expenses paid by the director on the company's

behalf.

The overdrawn balance was cleared in full on 5th October 2018 by way of a dividend credited to the

loan account.

9.	Related party disclosures

The company also operate a loan accounts with the other director, Mr A J Simpson. As at 31st March

2018 the balance was a credit of £4,111 (£12,711 in 2017).

No interest is being charged on the loan and the balance is repayable on demand.