AG Tomlinson Limited

Unaudited Financial Statements

for the Year Ended

31 December 2016

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs A G Tomlinson

SECRETARY:

David Tilsley Limited

REGISTERED OFFICE:

91 Lakewood Road

Chandlers Ford

Eastleigh

Hampshire

SO53 5AD

REGISTERED NUMBER:

06401290 (England and Wales)

ACCOUNTANTS:

David Tilsley Limited

91 Lakewood Road

Chandlers Ford

Eastleigh

Hampshire

SO53 5AD

FIXED ASSETS

Tangible assets

3

2,155

1,851

CURRENT ASSETS

Debtors

4

4,281

1,666

Cash at bank

18,629

7,729

22,910

9,395

CREDITORS

Amounts falling due within one year

5

7,327

4,822

NET CURRENT ASSETS

15,583

4,573

TOTAL ASSETS LESS CURRENT
LIABILITIES

17,738

6,424

PROVISIONS FOR LIABILITIES

349

-

NET ASSETS

17,389

6,424

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

17,289

6,324

SHAREHOLDERS' FUNDS

17,389

6,424

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 18 September 2017 and were signed by:

Mrs A G Tomlinson - Director

1.	STATUTORY INFORMATION

AG Tomlinson 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 etc

-

50% on cost and 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.

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.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2016

5,905

Exchange differences

2,166

At 31 December 2016

8,071

DEPRECIATION

At 1 January 2016

4,054

Charge for year

317

Exchange differences

1,545

At 31 December 2016

5,916

NET BOOK VALUE

At 31 December 2016

2,155

At 31 December 2015

1,851

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

Trade debtors

2,705

508

Other debtors

1,576

1,158

4,281

1,666

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

Taxation and social security

1,403

487

Other creditors

5,924

4,335

7,327

4,822

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2016 and

31 December 2015:

31.12.16

31.12.15

£

Mrs A G Tomlinson

Balance outstanding at start of year

(4,335

)

(49,748

)

Amounts advanced

-

45,413

Amounts repaid

(1,590

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(5,925

)

(4,335

)

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £2,948 were paid to the director .

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs A G Tomlinson.

9.	FIRST YEAR ADOPTION

The changes in accounting policies under FRS102 have been considered and determined to have no effect.