A R Allen Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02839424 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2019

FOR

A R ALLEN LIMITED

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

DIRECTOR:

Mr J A W Allen

REGISTERED OFFICE:

9 Winsor Road

Winsor

Southampton

Hampshire

SO40 2HR

REGISTERED NUMBER:

02839424 (England and Wales)

ACCOUNTANTS:

C J Petty Limited

Chartered Accountants

Chestnut House

High Offley Road

Woodseaves

Stafford

Staffordshire

ST20 0LG

FIXED ASSETS

Tangible assets

4

1,447

1,638

CURRENT ASSETS

Stocks

899,219

899,219

Debtors

5

521

359

Cash at bank

27,653

63,137

927,393

962,715

CREDITORS

Amounts falling due within one year

6

83,595

109,122

NET CURRENT ASSETS

843,798

853,593

TOTAL ASSETS LESS CURRENT LIABILITIES

845,245

855,231

CREDITORS

Amounts falling due after more than one year

7

(395,857

)

(396,440

)

PROVISIONS FOR LIABILITIES

(275

)

(311

)

NET ASSETS

449,113

458,480

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Retained earnings

448,113

457,480

SHAREHOLDERS' FUNDS

449,113

458,480

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 & loss account has not been delivered.

The financial statements were approved by the director on 9 May 2019 and were signed by:

Mr J A W Allen - Director

1.	STATUTORY INFORMATION

A R Allen 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 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Taxation

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 February 2018

3,024

Additions

291

At 31 January 2019

3,315

DEPRECIATION

At 1 February 2018

1,386

Charge for year

482

At 31 January 2019

1,868

NET BOOK VALUE

At 31 January 2019

1,447

At 31 January 2018

1,638

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other debtors

521

359

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Taxation and social security

1,358

3,105

Other creditors

82,237

106,017

83,595

109,122

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Other creditors

395,857

396,440

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

395,857

396,440

8.	SECURED DEBTS

The following secured debts are included within creditors:

2019

2018

£

£

Mortgage loans

395,857

396,440

The mortgage loans are interest only and are secured on the properties concerned.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

1,000

Ordinary

£1

1,000

1,000