Aspects Solutions (Window Cleaning) - Abbreviated accounts 16.3

REGISTERED NUMBER: 08150736 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2016

FOR

ASPECTS SOLUTIONS (WINDOW CLEANING)

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

M A Taylor

P J Garland

REGISTERED OFFICE:

Corporate House

77 Portview Road

Avonmouth

Bristol

BS11 9JE

REGISTERED NUMBER:

08150736 (England and Wales)

ACCOUNTANTS:

Simple Accounts Limited

Wansdyke Business Services Centre

Midsomer Enterprise Park

Radstock Road

Midsomer Norton

Somerset

BA3 2BB

FIXED ASSETS

Tangible assets

2

16,797

31,669

CURRENT ASSETS

Debtors

49,032

25,726

Cash in hand

256

138

49,288

25,864

CREDITORS

Amounts falling due within one year

3

68,104

87,518

NET CURRENT LIABILITIES

(18,816

)

(61,654

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,019

)

(29,985

)

CREDITORS

Amounts falling due after more than one
year

3

26,467

43,431

NET LIABILITIES

(28,486

)

(73,416

)

CAPITAL AND RESERVES

Called up share capital

4

10

Profit and loss account

(28,496

)

(73,426

)

SHAREHOLDERS' FUNDS

(28,486

)

(73,416

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 21 March 2017 and were signed on its behalf by:

M A Taylor - 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 etc

-

33% on cost and 25% on cost

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

and 31 July 2016

72,469

DEPRECIATION

At 1 August 2015

40,800

Charge for year

14,872

At 31 July 2016

55,672

NET BOOK VALUE

At 31 July 2016

16,797

At 31 July 2015

31,669

3.

CREDITORS

Creditors include an amount of £ 44,185 (31.7.15 - £ 53,357 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

9

Ordinary A

£1

9

1

Ordinary B

£1

1

10

5.	RELATED PARTY DISCLOSURES

The company is under the control of its two directors who equally own 89% of the issued Ordinary A Shares.

At the year end the following amounts were due to the directors and are included within 'Other Creditors' these

amounts are interest free and are repayable on demand:

Mark Taylor £4,590 (2015 £8,340)

Peter Garland £4,404 (2015 £8,154)

Andrew Madden £ - (2015 £711) This amount was repaid in full in September 2015.

Included within Other Debtors is £693 (2015 £942) which is due from Aspects Solutions (Environmental)

Limited a company in which the Directors have a controlling interest. A further £Nil (2015 £24) is included

within the Trade Debtors balance.

During the year the company was charged £36,625 (2015 £31,112) by Aspects Solutions (Environmental)

Limited in respect of Management Charges to cover 'office overheads and management provision'. At the year

end a balance of £7,130 (2015 £11,028) was included within Trade Creditors.

6.	GOING CONCERN

The accounts have been prepared on a 'Going Concern' basis following confirmation by the Director's of their

continued support of the company and reassurances that the Director's will not request full repayment of their

underlying loans until such point as sufficient funds are available to do so.

In addition, the Directors ceased drawing a salary through the business in March 2015 and will not recommence

these until the position improves.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Aspects Solutions (Window Cleaning) Limited for the year ended 31 July 2016 which comprise

the Profit and Loss Account, the 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 Board of Directors of Aspects Solutions (Window Cleaning) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Aspects Solutions (Window Cleaning) Limited and state those matters that we have agreed to state to the Board of Directors of Aspects Solutions (Window Cleaning) Limited, as a body, 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 Aspects Solutions (Window Cleaning) Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Aspects Solutions (Window Cleaning) Limited 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 profit of Aspects Solutions (Window Cleaning) Limited. You consider that Aspects Solutions (Window Cleaning) Limited 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 Aspects Solutions (Window Cleaning) Limited. 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.

Simple Accounts Limited

Wansdyke Business Services Centre

Midsomer Enterprise Park

Radstock Road

Midsomer Norton

Somerset

BA3 2BB

24 March 2017