Aukett Brockliss Guy Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03781910 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

AUKETT BROCKLISS GUY LIMITED

TRADING AS

ABG DESIGN

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

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

CURRENT ASSETS

Debtors

6

44,961

34,030

Cash at bank and in hand

1,558

4,639

46,519

38,669

CREDITORS

Amounts falling due within one year

7

59,353

83,600

NET CURRENT LIABILITIES

(12,834

)

(44,931

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,834

)

(44,931

)

CREDITORS

Amounts falling due after more than one year

8

10,414

3,102

NET LIABILITIES

(23,248

)

(48,033

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(24,248

)

(49,033

)

SHAREHOLDERS' FUNDS

(23,248

)

(48,033

)

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

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

The financial statements were approved by the Board of Directors on 1 August 2018 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 (2016 - 5 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2017

and 31 December 2017

56,218

DEPRECIATION

At 1 January 2017

and 31 December 2017

56,218

NET BOOK VALUE

At 31 December 2017

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

42,305

31,578

Amounts recoverable on contracts

1,000

1,000

Prepayments and accrued income

1,656

1,452

44,961

34,030

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

20,456

-

Other loans

750

13,920

Trade creditors

5,343

25,170

Tax

6,219

7,210

Social security and other taxes

3,062

2,724

Wages control

2,373

-

VAT

10,837

7,616

Other creditors

-

22

Company credit card

5,203

2,431

Directors' loan accounts

3,190

22,128

Accruals and deferred income

1,920

2,379

59,353

83,600

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Other loans

10,414

3,102

9.	SECURED DEBTS

The following secured debts are included within creditors:

2017

2016

£

£

Bank overdraft

20,456

-

10.	RELATED PARTY DISCLOSURES

At the year end, loans made to the company by directors were outstanding as follows:

2017

2016

£

£

C M Hubert

1,595

10,390

H Miles

1,595

11,738

Total

3,190

22,128

11.	ULTIMATE CONTROLLING PARTY