D.A.A. Slinn & Associates Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 05633552 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 October 2017

for

D.A.A. Slinn & Associates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D A A Slinn

Mrs J D Slinn

SECRETARY:

Mrs J D Slinn

REGISTERED OFFICE:

The Little House

Sandy Lane

Church Brampton

Northampton

Northamptonshire

NN6 8AX

REGISTERED NUMBER:

05633552 (England and Wales)

ACCOUNTANTS:

Harris & Clarke LLP

7 Billing Road

Northampton

Northamptonshire

NN1 5AN

FIXED ASSETS

Tangible assets

4

6,339

7,284

Investments

5

-

3,999

6,339

11,283

CURRENT ASSETS

Debtors

6

39,149

39,818

Cash at bank and in hand

201,436

182,486

240,585

222,304

CREDITORS

Amounts falling due within one year

7

224,255

232,029

NET CURRENT ASSETS/(LIABILITIES)

16,330

(9,725

)

TOTAL ASSETS LESS CURRENT LIABILITIES

22,669

1,558

CREDITORS

Amounts falling due after more than one year

8

14,393

811

NET ASSETS

8,276

747

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

8,274

745

SHAREHOLDERS' FUNDS

8,276

747

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 28 June 2018 and were signed on its behalf by:

Mrs J D Slinn - Director

1.	STATUTORY INFORMATION

D.A.A. Slinn & Associates 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 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 reducing balance

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.

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 profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2016 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 November 2016

14,895

10,003

24,898

Additions

-

2,166

2,166

Disposals

-

(4,200

)

(4,200

)

At 31 October 2017

14,895

7,969

22,864

DEPRECIATION

At 1 November 2016

8,611

9,003

17,614

Charge for year

1,571

1,540

3,111

Eliminated on disposal

-

(4,200

)

(4,200

)

At 31 October 2017

10,182

6,343

16,525

NET BOOK VALUE

At 31 October 2017

4,713

1,626

6,339

At 31 October 2016

6,284

1,000

7,284

Fixed assets, included in the above, which are held under finance leases are as follows:

Computer

equipment

£

COST

At 1 November 2016

4,200

Disposals

(4,200

)

At 31 October 2017

-

DEPRECIATION

At 1 November 2016

4,158

Charge for year

42

Eliminated on disposal

(4,200

)

At 31 October 2017

-

NET BOOK VALUE

At 31 October 2017

-

At 31 October 2016

42

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 November 2016

3,999

Disposals

(3,999

)

At 31 October 2017

-

NET BOOK VALUE

At 31 October 2017

-

At 31 October 2016

3,999

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

360

-

Other debtors

38,789

39,818

39,149

39,818

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

4,203

14,074

Finance leases

811

811

Trade creditors

3,283

4,417

Taxation and social security

17,155

26,907

Other creditors

198,803

185,820

224,255

232,029

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Bank loans

14,393

-

Finance leases

-

811

14,393

811

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2017 and

31 October 2016:

2017

2016

£

£

D A A Slinn

Balance outstanding at start of year

15,535

9,003

Amounts repaid

(414

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

15,121

15,535

Mrs J D Slinn

Balance outstanding at start of year

15,535

9,003

Amounts repaid

(414

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

15,121

15,535