AA Certification Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08526878 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2018

for

AA Certification Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

M Patel

S J Whitehouse

REGISTERED OFFICE:

5 Technology Park

Colindeep Lane

Colindale

London

NW9 6BX

REGISTERED NUMBER:

08526878 (England and Wales)

ACCOUNTANTS:

Grunberg & Co Limited

Chartered Accountants

5 Technology Park

Colindeep Lane

Colindale

London

NW9 6BX

FIXED ASSETS

Tangible assets

4

1

1

CURRENT ASSETS

Debtors

5

26,080

41,995

Cash at bank

4,165

5,684

30,245

47,679

CREDITORS

Amounts falling due within one year

6

(71,634

)

(65,674

)

NET CURRENT LIABILITIES

(41,389

)

(17,995

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(41,388

)

(17,994

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(41,488

)

(18,094

)

SHAREHOLDERS' FUNDS

(41,388

)

(17,994

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors on 10 September 2019 and were signed on its behalf by:

M Patel - Director

1.	STATUTORY INFORMATION

AA Certification 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.

The financial statements have been prepared on a going concern basis as the directors are of the belief that with

their and the shareholders continued support, the company will continue to trade as a going concern, for at least

twelve months from the balance sheet date.

Turnover

Turnover represents amounts receivable for services, excluding value added tax, with income being recognised at

the point that a service has been successfully provided.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at transaction price.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2018

and 31 December 2018

1,396

DEPRECIATION

At 1 January 2018

and 31 December 2018

1,395

NET BOOK VALUE

At 31 December 2018

1

At 31 December 2017

1

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

4,948

13,962

Amounts owed by a related company

2,270

-

Taxation recoverable

1,373

1,800

Prepayments

17,489

26,233

26,080

41,995

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

29,585

5,439

Social security and other taxes

26,042

13,390

Other creditors

95

-

Amounts owed to a related company

-

30,933

Directors' current accounts

12,912

12,912

Accrued expenses

3,000

3,000

71,634

65,674

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2018

2017

£

£

Within one year

1,649

2,489

Between one and five years

-

1,452

1,649

3,941

8.	RELATED PARTY DISCLOSURES

Amounts due from a related company is interest free and repayable on demand.