Avon Instrumentation Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06488308 (England and Wales)

AVON INSTRUMENTATION SERVICES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K T N Chapman

REGISTERED OFFICE:

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

REGISTERED NUMBER:

06488308 (England and Wales)

ACCOUNTANTS:

Green & Co

Chartered Certified Accountants

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

23,706

32,153

CURRENT ASSETS

Debtors

5

47,426

47,426

Cash at bank

3,306

3,306

50,732

50,732

CREDITORS

Amounts falling due within one year

6

125,343

125,343

NET CURRENT LIABILITIES

(74,611

)

(74,611

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(50,905

)

(42,458

)

PROVISIONS FOR LIABILITIES

4,216

4,216

NET LIABILITIES

(55,121

)

(46,674

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

(55,221

)

(46,774

)

SHAREHOLDERS' FUNDS

(55,121

)

(46,674

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2018 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 Profit and Loss has not been delivered.

The financial statements were approved by the director on 28th February 2019 and were signed by:

K T N Chapman - Director

1.	STATUTORY INFORMATION

Avon Instrumentation 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

-

15% on cost

Taxation

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

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.

Going concern

These accounts have been prepared on the going concern basis, on the understanding that the parent

company will continue to financially support the company during this uncertain period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1st June 2017

and 31st May 2018

59,468

DEPRECIATION

At 1st June 2017

27,315

Charge for year

8,447

At 31st May 2018

35,762

NET BOOK VALUE

At 31st May 2018

23,706

At 31st May 2017

32,153

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

6,455

6,455

Fircroft Consulting Ltd

34,684

34,684

VAT

6,287

6,287

47,426

47,426

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

123,612

123,612

Accruals and deferred income

1,731

1,731

125,343

125,343

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100