A & R PRODUCE LTD

Contents
	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—6

Registered number: 03928056

		2017		2016
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	6		-		11,805

			-		11,805
CURRENT ASSETS
Stocks	7	910		695
Debtors	8	102,128		104,137
Cash at bank and in hand		74,787		31,460

		177,825		136,292
Creditors: Amounts Falling Due Within One Year	9	(177,196 )		(140,579 )

NET CURRENT ASSETS (LIABILITIES)			629		(4,287 )

TOTAL ASSETS LESS CURRENT LIABILITIES			629		7,518

NET ASSETS			629		7,518

CAPITAL AND RESERVES
Called up share capital	10		1		1
Profit and loss account			628		7,517

SHAREHOLDERS' FUNDS			629		7,518

Page 1

A & R PRODUCE LTD

Balance Sheet (continued)

As at 31 May 2017

For the year ending 31 May 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.

On behalf of the board

Mr Ismail A Wadiwala

18/09/2017

	Share Capital	Profit & Loss Account	Total
	£	£	£
As at 1 June 2015	1	17,821	17,822
Loss for the year and total comprehensive income	-	(10,304 )	(10,304)

As at 31 May 2016 and 1 June 2016	1	7,517	7,518


Loss for the year and total comprehensive income	-	(6,889 )	(6,889)

As at 31 May 2017	1	628	629

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	straight line
Motor Vehicles	straight line
Fixtures & Fittings	straight line
Computer Equipment	straight line

1.4. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

1.5. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

3. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	2017	2016
	£	£
Wages and salaries	198,695	150,414
Social security costs	1,892	1,569

	200,587	151,983

4. Average number of employees

Average number of employees, including directors, during the year was as follows:

	2017	2016
Office and administration	9	5
Sales, marketing and distribution	20	18

	29	23

Page 4

A & R PRODUCE LTD

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 May 2017

6. Tangible Assets


	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 June 2016	40,638	25,339	65,977

As at 31 May 2017	40,638	25,339	65,977

Depreciation
As at 1 June 2016	32,559	21,613	54,172
Provided during the period	8,079	3,726	11,805

As at 31 May 2017	40,638	25,339	65,977

Net Book Value
As at 31 May 2017	-	-	-

As at 1 June 2016	8,079	3,726	11,805

7. Stocks

	2017	2016
	£	£
Stock - finished goods	910	695

	910	695

8. Debtors

	2017	2016
	£	£
Due within one year
Trade debtors	95,344	97,414
Prepayments and accrued income	1,934	1,750
VAT	4,850	4,973

	102,128	104,137

9. Creditors: Amounts Falling Due Within One Year

	2017	2016
	£	£
Trade creditors	152,938	116,156
Corporation tax	1,217	2,140
PAYE (Current liabilities - creditors < 1 year)	3,994	1,794
Other creditors	6,595	4,249
Directors' loan accounts	12,452	16,240

	177,196	140,579

Page 5

A & R PRODUCE LTD

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 May 2017

10. Share Capital

	Value	Number	2017	2016
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	1	1	1

11. Ultimate Controlling Party

The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.

12. General Information

A & R PRODUCE LTD Registered number 03928056 is a limited by shares company incorporated in England & Wales. The Registered Office is 1 Queens Yard, White Post Lane, Hackney London, E9 5EN.