Aukett Brockliss Guy Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 03781910 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

AUKETT BROCKLISS GUY LIMITED

TRADING AS

ABG DESIGN

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C M Hubert

H Miles

SECRETARY:

Mrs S M Robson

REGISTERED OFFICE:

The Old Carriage Works

Moresk Road

TRURO

Cornwall

TR1 1DG

REGISTERED NUMBER:

03781910 (England and Wales)

ACCOUNTANTS:

Lang Bennetts Chartered Accountants

The Old Carriage Works

Moresk Road

TRURO

Cornwall

TR1 1DG

FIXED ASSETS

Tangible assets

5

-

584

CURRENT ASSETS

Debtors

6

34,029

21,635

Cash at bank and in hand

4,639

81

38,668

21,716

CREDITORS

Amounts falling due within one year

7

83,599

73,934

NET CURRENT LIABILITIES

(44,931

)

(52,218

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(44,931

)

(51,634

)

CREDITORS

Amounts falling due after more than one year

8

3,102

32,899

NET LIABILITIES

(48,033

)

(84,533

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(49,033

)

(85,533

)

SHAREHOLDERS' FUNDS

(48,033

)

(84,533

)

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

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

The financial statements were approved by the Board of Directors on 27 June 2017 and were signed on its behalf by:

H Miles - Director

1.	STATUTORY INFORMATION

Aukett Brockliss Guy 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.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

Taxation

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

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2016

and 31 December 2016

56,218

DEPRECIATION

At 1 January 2016

55,634

Charge for year

584

At 31 December 2016

56,218

NET BOOK VALUE

At 31 December 2016

-

At 31 December 2015

584

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

31,578

18,177

Amounts recoverable on contracts

1,000

1,000

Tax

-

359

Prepayments and accrued income

1,451

2,099

34,029

21,635

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Bank loans and overdrafts

-

13,747

Other loans

13,920

21,711

Trade creditors

25,169

6,295

Tax

7,210

5

Social security and other taxes

2,724

3,415

Wages control

-

2,731

VAT

7,616

6,476

Other creditors

22

-

Company credit card

2,431

2,954

Directors' loan accounts

22,128

14,950

Accruals and deferred income

2,379

1,650

83,599

73,934

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2016

2015

£

£

Other loans

3,102

15,509

Directors' loan accounts

-

17,390

3,102

32,899

9.	SECURED DEBTS

The following secured debts are included within creditors:

2016

2015

£

£

Bank overdraft

-

13,747

10.	RELATED PARTY DISCLOSURES

11.	ULTIMATE CONTROLLING PARTY