Ashley Wilkinson Associates Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 09177022 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2017

FOR

ASHLEY WILKINSON ASSOCIATES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

A J Wilkinson

SECRETARY:

REGISTERED OFFICE:

6 Aspect

Charles Street

Camberley

Surrey

GU15 3GH

REGISTERED NUMBER:

09177022 (England and Wales)

ACCOUNTANTS:

Harlows Accountants

Lexham House Forest Road

Binfield

Bracknell

Berkshire

RG42 4HP

BANKERS:

Barclays Bank PLC

51 Saffron Road

South Wigston

Leicester

LE87 2BB

FIXED ASSETS

Intangible assets

4

47,288

54,044

Tangible assets

5

42

242

47,330

54,286

CURRENT ASSETS

Debtors

6

34,901

25,574

Cash at bank

45,309

20,593

80,210

46,167

CREDITORS

Amounts falling due within one year

7

17,758

17,186

NET CURRENT ASSETS

62,452

28,981

TOTAL ASSETS LESS CURRENT LIABILITIES

109,782

83,267

CREDITORS

Amounts falling due after more than one year

8

21,733

25,733

NET ASSETS

88,049

57,534

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

88,048

57,533

SHAREHOLDERS' FUNDS

88,049

57,534

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement for the year ended 31 August 2017 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 on 19 October 2017 and were signed by:

A J Wilkinson - Director

1.	STATUTORY INFORMATION

Ashley Wilkinson 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 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. 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less

any accumulated amortisation and any accumulated impairment losses.

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 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.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2016

and 31 August 2017

67,556

AMORTISATION

At 1 September 2016

13,512

Charge for year

6,756

At 31 August 2017

20,268

NET BOOK VALUE

At 31 August 2017

47,288

At 31 August 2016

54,044

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2016

and 31 August 2017

608

DEPRECIATION

At 1 September 2016

366

Charge for year

200

At 31 August 2017

566

NET BOOK VALUE

At 31 August 2017

42

At 31 August 2016

242

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/17

31/8/16

£

£

Trade Debtors

34,901

25,574

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/17

31/8/16

£

£

Corporation Tax

16,617

15,903

Social Security and Other Taxes

6

21

Directors' Current Accounts

19

62

Accrued Expenses

1,116

1,200

17,758

17,186

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/8/17

31/8/16

£

£

Directors Loan Account

21,733

25,733

The following reproduces the text of the report prepared for the director and members 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 Abridged Income Statement and certain

other primary statements and the Report of the Director are not required to be filed with the Registrar of

Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2017 set out on pages three to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Harlows Accountants

Lexham House Forest Road

Binfield

Bracknell

Berkshire

RG42 4HP

19 October 2017