Avon Instrumentation Services Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06488308 (England and Wales)

AVON INSTRUMENTATION SERVICES LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD

1ST FEBRUARY 2016 TO 31ST MAY 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K T N Chapman

REGISTERED OFFICE:

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

REGISTERED NUMBER:

06488308 (England and Wales)

ACCOUNTANTS:

Green & Co

Chartered Certified Accountants

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Tangible assets

4

32,153

41,542

CURRENT ASSETS

Stocks

10,197

40,465

Debtors

5

18,046

57,288

Cash at bank

3,306

27,020

31,549

124,773

CREDITORS

Amounts falling due within one year

6

94,404

147,550

NET CURRENT LIABILITIES

(62,855

)

(22,777

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(30,702

)

18,765

PROVISIONS FOR LIABILITIES

6,109

8,309

NET (LIABILITIES)/ASSETS

(36,811

)

10,456

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

(36,911

)

10,356

SHAREHOLDERS' FUNDS

(36,811

)

10,456

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st May 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered.

The financial statements were approved by the director on 28th February 2018 and were signed by:

K T N Chapman - Director

1.	STATUTORY INFORMATION

Avon Instrumentation Services 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.	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.

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

-

15% 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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss,

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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1st February 2016

57,573

Additions

1,895

At 31st May 2017

59,468

DEPRECIATION

At 1st February 2016

16,031

Charge for period

11,284

At 31st May 2017

27,315

NET BOOK VALUE

At 31st May 2017

32,153

At 31st January 2016

41,542

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

-

51,477

Fircroft Consulting Ltd

11,759

-

VAT

6,287

5,811

18,046

57,288

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

92,673

108,104

Tax

-

10,450

Social security and other taxes

-

224

Directors' current accounts

-

4,782

Accruals and deferred income

1,731

23,990

94,404

147,550

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

100

Ordinary

£1

100

100