Company Registration No. 03697011 (England and Wales)
A. Andrews Trustee Limited
Unaudited Financial Statements
For The Year Ended 31 December 2018
A. ANDREWS TRUSTEE LIMITED
A. Andrews Trustee Limited
CONTENTS
Page
Baalance sheet
1
Notes to the financial statements
2
A. ANDREWS TRUSTEE LIMITED
A. Andrews Trustee Limited
BALANCE SHEET
AS AT
31 DECEMBER 2018
31 December 2018
- 1 -
2018
2017
Notes
£
£
Current assets
Cash at bank and in hand
1
1
Total assets less current liabilities
1
1
Capital and reserves
Called up share capital
2
1
1
Shareholders' funds
1
1
Audit exemption statement
For the financial year ended 31 December 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 8 February 2019
Mr R C Horton
Director
Company Registration No. 03697011
A. ANDREWS TRUSTEE LIMITED
A. Andrews Trustee Limited
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018
- 2 -
1
Accounting policies
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.
The company has not entered into any transactions since the date of transition to FRS 102 on 1 January 2016, and accordingly has taken advantage of the transitional exemptions available under Section 35.10 (m) of FRS 102, permitting it to continue to prepare accounts in accordance with prior UK GAAP until any such new transactions are entered into.
2
Share capital
2018
2017
£
£
Allotted, called up and fully paid
1 Ordinary share of £1 each
1
1
3
Ultimate parent company
The ultimate parent company is A. Andrews & Sons (Marbles & Tiles) Limited.
4
Related party relationships and transactions
In 1999 an Employee Benefit Trust (EBT) was set up by A. Andrews & Sons (Marbles and Tiles) Limited in order to safeguard the long term future of its present and future employees.
The EBT is owned and controlled by A. Andrews & Sons (Marbles and Tiles) Limited, the company's ultimate undertaking. In accordance with FRS 102 the assets are included in their Balance Sheet as other reserves at 31 December 2018.
The loan account balance with A. Andrews & Sons (Marbles and Tiles) Limited at 31 December 2018 was £1,596,210 (2016 - £1,556,410).