And Associates Ltd - Accounts to registrar (filleted) - small 18.2

And Associates Ltd - Accounts to registrar (filleted) - small 18.2

AND ASSOCIATES LTD - Company Information

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REGISTERED NUMBER: 03855033 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 October 2020

for

And Associates Ltd
And Associates Ltd (Registered number: 03855033)






Contents of the Financial Statements
for the Year Ended 31 October 2020




Page

Company Information 1

Chartered Accountants' Report 2

Abridged Balance Sheet 3

Notes to the Financial Statements 4


And Associates Ltd

Company Information
for the Year Ended 31 October 2020







DIRECTOR: Mr D C Jenkin





REGISTERED OFFICE: 15 Newland
Lincoln
Lincolnshire
LN1 1XG





REGISTERED NUMBER: 03855033 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG
Page 1
Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
And Associates Ltd

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 And Associates Ltd for the year ended 31 October 2020 which comprise the Income Statement, Abridged 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 And Associates Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of And Associates Ltd and state those matters that we have agreed to state to the director of And Associates Ltd 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 And Associates Ltd and its director for our work or for this report.

It is your duty to ensure that And Associates Ltd 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 And Associates Ltd. You consider that And Associates Ltd 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 And Associates Ltd. 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.






Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG


31 March 2021

This page does not form part of the statutory financial statements

Page 2
And Associates Ltd (Registered number: 03855033)

Abridged Balance Sheet
31 October 2020

2020 2019
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,253 1,086

CURRENT ASSETS
Debtors 20,283 67,057
Cash at bank 65,857 47,787
86,140 114,844
CREDITORS
Amounts falling due within one year 110,331 23,745
NET CURRENT (LIABILITIES)/ASSETS (24,191 ) 91,099
TOTAL ASSETS LESS CURRENT
LIABILITIES
(22,938
)
92,185

PROVISIONS FOR LIABILITIES 238 83
NET (LIABILITIES)/ASSETS (23,176 ) 92,102

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (23,178 ) 92,100
SHAREHOLDERS' FUNDS (23,176 ) 92,102

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2020 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 31 March 2021 and were signed by:





Mr D C Jenkin - Director


The notes form part of these financial statements

Page 3
And Associates Ltd (Registered number: 03855033)

Notes to the Financial Statements
for the Year Ended 31 October 2020

1. STATUTORY INFORMATION

And Associates Ltd 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.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

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 - 20% on cost
Computer equipment - 33% on cost

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 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the 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 1 (2019 - 1 ) .

Page 4 continued...
And Associates Ltd (Registered number: 03855033)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2020

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2019 29,514
Additions 1,169
At 31 October 2020 30,683
DEPRECIATION
At 1 November 2019 28,428
Charge for year 1,002
At 31 October 2020 29,430
NET BOOK VALUE
At 31 October 2020 1,253
At 31 October 2019 1,086

Page 5