REGISTERED NUMBER: 05485685 (England and Wales)

A & J Martin Limited

Unaudited Financial Statements for the Year Ended 30 June 2017

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

Directors:

Mr A P Martin

Mrs J E Martin

Secretary:

Mrs J E Martin

Registered office:

The Fox & Goose

Newlands Road

Lancaster

Lancs

LA1 4JF

Registered number:

05485685 (England and Wales)

Accountants:

RfM Fylde Limited

Summerdale

Head Dyke Lane

Pilling

Preston

Lancashire

PR3 6SJ

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

Balance Sheet. 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of A & J Martin Limited for the year ended 30 June 2017 which comprise the Profit and Loss Account, Balance

Sheet, and the related notes from the company's accounting records and from information and explanations you have given

us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of A & J Martin Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A & J Martin Limited and state those matters that we have agreed to state to the Board of Directors of A & J Martin Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A & J Martin Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A & J Martin Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of A & J Martin Limited. You consider that A & J Martin Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A & J Martin Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

RfM Fylde Limited

Summerdale

Head Dyke Lane

Pilling

Preston

Lancashire

PR3 6SJ

15 February 2018

Fixed assets

Tangible assets

4

8,282

9,046

Current assets

Stocks

3,800

3,772

Debtors

5

5,677

6,066

Cash at bank and in hand

61,326

73,164

70,803

83,002

Creditors

Amounts falling due within one year

6

76,296

87,543

Net current liabilities

(5,493

)

(4,541

)

Total assets less current liabilities

2,789

4,505

Provisions for liabilities

1,343

1,512

Net assets

1,446

2,993

Capital and reserves

Called up share capital

7

100

100

Retained earnings

1,346

2,893

Shareholders' funds

1,446

2,993

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 15 February 2018 and were signed on its behalf by:

Mrs J E Martin - Director

1.	Statutory information

A & J Martin 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.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A

These financial statements for the year ended 30 June 2017 are the first that are prepared in accordance with FRS

102 Section 1A. The previous financial statements were prepared in accordance with UK GAAP, the date of

transition to FRS 102 Section 1A is 1 July 2015.

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 the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	Employees and directors

The average number of employees during the year was 8 .

4.	Tangible fixed assets

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

Cost

At 1 July 2016

30,504

4,141

34,645

Additions

784

-

784

At 30 June 2017

31,288

4,141

35,429

Depreciation

At 1 July 2016

22,195

3,404

25,599

Charge for year

1,364

184

1,548

At 30 June 2017

23,559

3,588

27,147

Net book value

At 30 June 2017

7,729

553

8,282

At 30 June 2016

8,309

737

9,046

5.

Debtors

2017

2016

£

£

Amounts falling due within one year:

Other debtors

677

1,066

Amounts falling due after more than one year:

Other debtors

5,000

5,000

Aggregate amounts

5,677

6,066

6.

Creditors: amounts falling due within one year

2017

2016

£

£

Trade creditors

2,742

3,233

Taxation and social security

2,436

4,675

Other creditors

71,118

79,635

76,296

87,543

7.	Called up share capital

Allotted and issued:

Number:

Class:

Nominal

2017

2016

value:

£

£

100

Ordinary

£1

100

100