A J Boyle Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01963974 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 March 2019

for

A J Boyle Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Dr A J Boyle

SECRETARY:

Ms G I Culliford

REGISTERED OFFICE:

Salford Cottage

Keys Lane

Priors Marston

Southam

Warwickshire

CV47 7SA

REGISTERED NUMBER:

01963974 (England and Wales)

ACCOUNTANTS:

Cottons Accountants LLP

Chestnut Field House

Chestnut Field

Rugby

Warwickshire

CV21 2PD

FIXED ASSETS

Tangible assets

4

687

1,100

CURRENT ASSETS

Debtors

5

14,854

5,552

Cash at bank

8,550

21,429

23,404

26,981

CREDITORS

Amounts falling due within one year

6

22,838

14,599

NET CURRENT ASSETS

566

12,382

TOTAL ASSETS LESS CURRENT LIABILITIES

1,253

13,482

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

253

12,482

SHAREHOLDERS' FUNDS

1,253

13,482

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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 17 May 2019 and were signed by:

Dr A J Boyle - Director

1.	STATUTORY INFORMATION

A J Boyle 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and

assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The

estimates and associated assumptions are based on historical experience and other factors that are considered to be

relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are

recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of

revision and future periods where the revision affects both current and future periods.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal

course of business, and is shown net of value added tax and other sales related taxes. The fair value of consideration takes

into account trade discounts, settlement discounts and volume rebates. For sales of goods, the turnover is shown net of

distribution and carriage charges.

Revenue from sale of services is recognised when the stage of completion of the transaction can be measured reliably.

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

-

25% on reducing balance

Computer equipment

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2018

and 31 March 2019

1,451

8,398

9,849

DEPRECIATION

At 1 April 2018

534

8,215

8,749

Charge for year

230

183

413

At 31 March 2019

764

8,398

9,162

NET BOOK VALUE

At 31 March 2019

687

-

687

At 31 March 2018

917

183

1,100

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/19

31/3/18

£

£

Trade debtors

14,562

5,272

Prepayments

292

280

14,854

5,552

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/19

31/3/18

£

£

Trade creditors

436

206

Tax

4,251

9,231

VAT

4,814

2,453

Other creditors

336

191

Directors' current accounts

10,801

518

Accrued expenses

2,200

2,000

22,838

14,599