AEB (UK) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06853645 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

AEB (UK) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A E Burch

Mrs M J Burch

D R Hodgson

SECRETARY:

A E Burch

REGISTERED OFFICE:

The Gelli Lodge

Tallarn Green

Malpas

Cheshire

SY14 7LE

REGISTERED NUMBER:

06853645 (England and Wales)

ACCOUNTANTS:

Moss & Williamson Limited

Chartered Accountants

3 Mellor Road

Cheadle Hulme

Cheadle

Cheshire

SK8 5AT

FIXED ASSETS

Tangible assets

2

14,864

3,578

CURRENT ASSETS

Stocks

17,471

14,032

Debtors

91,716

27,207

Cash at bank and in hand

102,882

168,213

212,069

209,452

CREDITORS

Amounts falling due within one year

(171,903

)

(160,985

)

NET CURRENT ASSETS

40,166

48,467

TOTAL ASSETS LESS CURRENT
LIABILITIES

55,030

52,045

CREDITORS

Amounts falling due after more than one
year

(9,759

)

-

NET ASSETS

45,271

52,045

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

45,171

51,945

SHAREHOLDERS' FUNDS

45,271

52,045

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 1 December 2016 and were signed on
its behalf by:

A E Burch - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

obsolete and slow moving items.

Deferred tax

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

the balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

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 the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

11,384

Additions

14,970

At 30 September 2016

26,354

DEPRECIATION

At 1 October 2015

7,806

Charge for year

3,684

At 30 September 2016

11,490

NET BOOK VALUE

At 30 September 2016

14,864

At 30 September 2015

3,578

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100