A.A.DESIGN_LIMITED - Accounts

A.A. DESIGN LIMITED - Company Information

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Company Registration No. 01773803 (England and Wales)

A.A.DESIGN LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2014

A.A.DESIGN LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

A.A.DESIGN LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2014

- 1 -

2014

2013

Notes

Current assets

Debtors

130,569

60,106

Cash at bank and in hand

9,060

53,420

139,629

113,526

Creditors: amounts falling due within one year

(48,243)

(27,555)

Total assets less current liabilities

91,386

85,971

Capital and reserves

Called up share capital

5,000

Profit and loss account

86,386

80,971

Shareholders' funds

91,386

85,971

For the financial year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 26 November 2014

Mr J R Partridge

Director

Company Registration No. 01773803

A.A.DESIGN LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Property improvements

20% straight line

1.5

Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1.6

Pensions

The pension costs charged in the financial statements represent the contributions payable by the company during the year in accordance with FRSSE (April 2008).

Share capital

2014

2013

Allotted, called up and fully paid

5,000 ordinary shares of £1 each

5,000

Ultimate parent company

The company is under the control of A A Design (Holdings) Limited which owns 52% of the issued share capital.