REGISTERED NUMBER: 05272224 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Associated Laboratories Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B P Flood

L J Mcmanus

P G Wagon

REGISTERED OFFICE:

Day Lewis House

324 Bensham Lane

Thornton Heath

Surrey

CR7 7EQ

REGISTERED NUMBER:

05272224 (England and Wales)

ACCOUNTANTS:

Bells Accountants

10a High Street

Chislehurst

Kent

BR7 5AN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

30,951

69,939

30,951

69,939

CURRENT ASSETS

Debtors

6

102,361

110,779

Cash at bank

324,246

272,812

426,607

383,591

CREDITORS

Amounts falling due within one year

7

61,000

48,332

NET CURRENT ASSETS

365,607

335,259

TOTAL ASSETS LESS CURRENT LIABILITIES

396,558

405,198

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

396,556

405,196

396,558

405,198

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 7 October 2018 and were signed on its behalf by:

B P Flood - Director

1.	STATUTORY INFORMATION

Associated Laboratories 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.

Plant and machinery etc

-

25% on cost and 20% on cost

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 11 (2017 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2017

and 31 March 2018

93,999

AMORTISATION

At 1 April 2017

and 31 March 2018

93,999

NET BOOK VALUE

At 31 March 2018

-

At 31 March 2017

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

246,399

Additions

10,151

At 31 March 2018

256,550

DEPRECIATION

At 1 April 2017

176,460

Charge for year

49,139

At 31 March 2018

225,599

NET BOOK VALUE

At 31 March 2018

30,951

At 31 March 2017

69,939

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

100,375

109,029

Other debtors

1,986

1,750

102,361

110,779

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

31,247

25,149

Taxation and social security

25,985

20,067

Other creditors

3,768

3,116

61,000

48,332

8.	ULTIMATE CONTROLLING PARTY

The entire share capital is owned by 2 of the directors.