REGISTERED NUMBER: 04804675 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

Aaro Glass Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M Owens

J R Shaw

SECRETARY:

J R Shaw

REGISTERED OFFICE:

21 Church Road

Parkstone

Poole

Dorset

BH14 8UF

REGISTERED NUMBER:

04804675 (England and Wales)

ACCOUNTANT:

Richard Allen & Associates

21 Church Road

Parkstone

Poole

Dorset

BH14 8UF

FIXED ASSETS

Tangible assets

2

19,706

24,712

CURRENT ASSETS

Stocks

137,339

156,899

Debtors

117,493

34,710

Cash at bank and in hand

28,387

35,141

283,219

226,750

CREDITORS

Amounts falling due within one year

73,394

65,783

NET CURRENT ASSETS

209,825

160,967

TOTAL ASSETS LESS CURRENT LIABILITIES

229,531

185,679

CREDITORS

Amounts falling due after more than one year

(142,395

)

(151,475

)

PROVISIONS FOR LIABILITIES

(3,325

)

(4,191

)

NET ASSETS

83,811

30,013

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

83,809

30,011

SHAREHOLDERS' FUNDS

83,811

30,013

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 30 March 2017 and were signed on its behalf by:

M Owens - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

Not provided

Plant and equipment

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

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

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

66,634

Additions

419

At 30 June 2016

67,053

DEPRECIATION

At 1 July 2015

41,922

Charge for year

5,425

At 30 June 2016

47,347

NET BOOK VALUE

At 30 June 2016

19,706

At 30 June 2015

24,712

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2

Ordinary

£1.00

2

2