J P Aston Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05027357 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2018

for

J P Aston Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTOR:

J P Aston

SECRETARY:

Mrs M A Aston

REGISTERED OFFICE:

Aston House

29 Torridge

Tamworth

Staffordshire

B77 5QL

REGISTERED NUMBER:

05027357 (England and Wales)

ACCOUNTANTS:

Tomkinson Teal Limited

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

FIXED ASSETS

Tangible assets

4

6,829

8,459

CURRENT ASSETS

Debtors

5

347

411

Cash at bank

19,101

19,215

19,448

19,626

CREDITORS

Amounts falling due within one year

6

(23,160

)

(23,751

)

NET CURRENT LIABILITIES

(3,712

)

(4,125

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,117

4,334

PROVISIONS FOR LIABILITIES

7

(300

)

(400

)

NET ASSETS

2,817

3,934

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

2,717

3,834

SHAREHOLDERS' FUNDS

2,817

3,934

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Account has not been delivered.

The financial statements were approved by the director on 3 April 2019 and were signed by:

J P Aston - Director

1.	STATUTORY INFORMATION

J P Aston 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 NIL (2017 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 August 2017

and 31 July 2018

7,150

15,820

15,518

38,488

DEPRECIATION

At 1 August 2017

2,300

12,211

15,518

30,029

Charge for year

728

902

-

1,630

At 31 July 2018

3,028

13,113

15,518

31,659

NET BOOK VALUE

At 31 July 2018

4,122

2,707

-

6,829

At 31 July 2017

4,850

3,609

-

8,459

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

102

168

Other debtors

245

243

347

411

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

130

490

Taxation and social security

1,839

2,558

Other creditors

21,191

20,703

23,160

23,751

7.	PROVISIONS FOR LIABILITIES

2018

2017

£

£

Deferred tax

300

400

Deferred

tax

£

Balance at 1 August 2017

400

Provided during year

(100

)

Balance at 31 July 2018

300

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 August 2017

3,834

Deficit for the year

(1,117

)

At 31 July 2018

2,717

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 J P Aston Services Limited for the year ended 31 July 2018 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 director of J P Aston Services Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of J P Aston Services Limited and state those matters that we have agreed to state to the director of J P Aston 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 J P Aston Services Limited and its director for our work or for this report.

It is your duty to ensure that J P Aston 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 loss of J P Aston Services Limited. You consider that J P Aston 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 J P Aston 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.

Tomkinson Teal Limited

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

3 April 2019