A & E Design Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07102819 (England and Wales)

A & E Design Services Limited

Unaudited Financial Statements

for the Year Ended 31 December 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTOR:

Mr J Denny

REGISTERED OFFICE:

Delta 606

Delta Business Park

Welton Road

Swindon

SN5 7XF

REGISTERED NUMBER:

07102819 (England and Wales)

ACCOUNTANTS:

AMS Accountancy Limited

Delta 606

Welton Road

Delta Office Park

Swindon

Wiltshire

SN5 7XF

FIXED ASSETS

Tangible assets

4

263

357

CURRENT ASSETS

Debtors

5

22,955

24,387

Cash at bank

3,191

1,882

26,146

26,269

CREDITORS

Amounts falling due within one year

6

(25,898

)

(26,848

)

NET CURRENT ASSETS/(LIABILITIES)

248

(579

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

511

(222

)

CAPITAL AND RESERVES

Called up share capital

7

1

Retained earnings

8

510

(223

)

SHAREHOLDERS' FUNDS

511

(222

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 8 June 2018 and were signed by:

Mr J Denny - Director

1.	STATUTORY INFORMATION

A & E Design Services 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

-

25% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1 January 2017

42

266

1,375

1,683

Additions

128

-

116

244

At 31 December 2017

170

266

1,491

1,927

DEPRECIATION

At 1 January 2017

24

177

1,125

1,326

Charge for year

35

46

257

338

At 31 December 2017

59

223

1,382

1,664

NET BOOK VALUE

At 31 December 2017

111

43

109

263

At 31 December 2016

18

89

250

357

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Trade debtors

2,064

-

Other debtors

4,977

Directors' current accounts

15,914

19,176

Prepayments and accrued income

-

234

22,955

24,387

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Tax

23,134

24,503

Social security and other taxes

45

142

Class 1A National Insurance

56

VAT

2,548

1,969

Accrued expenses

115

178

25,898

26,848

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

1

Ordinary

£1

1

8.

RESERVES

Retained

earnings

£

At 1 January 2017

(223

)

Profit for the year

37,316

Dividends

(36,583

)

At 31 December 2017

510

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2017 and

31 December 2016:

2017

2016

£

Mr J Denny

Balance outstanding at start of year

19,176

12,495

Amounts advanced

-

6,681

Amounts repaid

(3,262

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

15,914

19,176

The following reproduces the text of the report prepared for the director 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 Director 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 & E Design Services Limited for the year ended 31 December 2017 which comprise the

Statement of Income and Retained Earnings, 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 director of A & E Design Services Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A & E Design Services Limited and state those matters that we have agreed to state to the director of A & E Design Services Limited 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 & E Design Services Limited and its director for our work or for this report.

It is your duty to ensure that A & E Design Services 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 profit of A & E Design Services Limited. You consider that A & E Design Services 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 & E Design Services 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.

AMS Accountancy Limited

Delta 606

Welton Road

Delta Office Park

Swindon

Wiltshire

SN5 7XF

8 June 2018