REGISTERED NUMBER: 05184397 (England and Wales)

Financial Statements for the Year Ended 30 June 2017

for

A & S (2004) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Mr Amardeep Bolla

Mrs Jaskirn Bolla

SECRETARY:

Mrs Jaskirn Bolla

REGISTERED OFFICE:

Desai House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

REGISTERED NUMBER:

05184397 (England and Wales)

ACCOUNTANTS:

Desai & Co Accountants

Desai House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

FIXED ASSETS

Intangible assets

4

120,000

120,000

Property, plant and equipment

5

3,470

2,638

123,470

122,638

CURRENT ASSETS

Inventories

6

40,518

42,443

Cash at bank and in hand

4,324

3,981

44,842

46,424

CREDITORS

Amounts falling due within one year

7

112,422

109,305

NET CURRENT LIABILITIES

(67,580

)

(62,881

)

TOTAL ASSETS LESS CURRENT LIABILITIES

55,890

59,757

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

55,790

59,657

SHAREHOLDERS' FUNDS

55,890

59,757

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 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 12 January 2018 and were signed on its behalf by:

Mr Amardeep Bolla - Director

1.	STATUTORY INFORMATION

A & S (2004) 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 represents net sales of goods, excluding value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are

measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2016

and 30 June 2017

120,000

NET BOOK VALUE

At 30 June 2017

120,000

At 30 June 2016

120,000

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2016

8,642

64

2,128

10,834

Additions

1,700

-

-

1,700

At 30 June 2017

10,342

64

2,128

12,534

DEPRECIATION

At 1 July 2016

6,757

56

1,383

8,196

Charge for year

717

2

149

868

At 30 June 2017

7,474

58

1,532

9,064

NET BOOK VALUE

At 30 June 2017

2,868

6

596

3,470

At 30 June 2016

1,885

8

745

2,638

6.	INVENTORIES

30.6.17

30.6.16

£

£

Stocks

40,518

42,443

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.17

30.6.16

£

£

Bank loans and overdrafts

24,734

24,999

Trade creditors

491

1,363

Corporation tax

9,168

11,572

Value added tax

9,983

7,144

Directors' current accounts

67,757

63,901

Accrued expenses

289

326

112,422

109,305

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.17

30.6.16

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 July 2016

59,657

Profit for the year

15,133

Dividends

(19,000

)

At 30 June 2017

55,790

10.	FIRST YEAR ADOPTION

No restatement of the Profit and Loss Account, Other Comprehensive Income or Balance Sheet and

no changes to accounting policies have been required on transition.

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Statement of Financial Position. Readers are cautioned that the Income

Statement and certain other primary statements and the Report of the Directors are not required to

be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30 June 2017 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Desai & Co Accountants

Desai House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

Date: .............................................