AAA Supply Limited Filleted accounts for Companies House (small and micro)
AAA Supply Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
01873788
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FINANCIAL STATEMENTS |
YEAR ENDED 31 MARCH 2018
Contents |
Page |
Officers and professional advisers |
1 |
Statement of financial position |
2 |
Notes to the financial statements |
4 |
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OFFICERS AND PROFESSIONAL ADVISERS |
The board of directors |
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Company secretary |
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Registered office |
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Accountants |
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Chartered accountant |
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Hanover Buildings |
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11-13 Hanover Street |
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Liverpool |
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L1 3DN |
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STATEMENT OF FINANCIAL POSITION |
2018 |
2017 |
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Note |
£ |
£ |
£ |
FIXED ASSETS
Tangible assets |
5 |
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CURRENT ASSETS
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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CREDITORS: Amounts falling due within one year |
7 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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CREDITORS: Amounts falling due after more than one year |
8 |
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PROVISIONS
Taxation including deferred tax |
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NET ASSETS |
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CAPITAL AND RESERVES
Called up share capital |
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Profit and loss account |
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SHAREHOLDERS FUNDS |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
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STATEMENT OF FINANCIAL POSITION (continued) |
Directors' responsibilities:
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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
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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These financial statements were approved by the
board of directors
and authorised for issue on
31 August 2018
, and are signed on behalf of the board by:
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Director |
Company registration number:
01873788
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NOTES TO THE FINANCIAL STATEMENTS |
YEAR ENDED 31 MARCH 2018
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hanover Buildings, 11-13 Hanover Street, Liverpool, L1 3DN.
2.
STATEMENT OF COMPLIANCE
3.
ACCOUNTING POLICIES
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Corporation tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold property |
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Plant & machinery |
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Fixtures & fittings |
- |
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Motor vehicles |
- |
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Equipment |
- |
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Investment property
Impairment of fixed assets
Stocks
Finance leases and hire purchase contracts
Provisions
Financial instruments
Defined contribution plans
4.
EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to
25
(2017:
23
).
5.
TANGIBLE ASSETS
Land and buildings |
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 Apr 2017 |
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Additions |
– |
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– |
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Disposals |
– |
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– |
(
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– |
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At 31 Mar 2018 |
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Depreciation |
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At 1 Apr 2017 |
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Charge for the year |
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Disposals |
– |
(
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– |
(
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– |
(
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At 31 Mar 2018 |
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Carrying amount |
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At 31 Mar 2018 |
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At 31 Mar 2017 |
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– |
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Included within the above is investment property as follows:
£ |
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At 1 April 2017 and 31 March 2018 |
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6.
DEBTORS
2018 |
2017 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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7.
CREDITORS:
Amounts falling due within one year
2018 |
2017 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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8.
CREDITORS:
Amounts falling due after more than one year
2018 |
2017 |
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£ |
£ |
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Other creditors |
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9.
DIRECTORS' ADVANCES, CREDITS AND GUARANTEES
10.
RELATED PARTY TRANSACTIONS
The following related party transactions were undertaken during the year: No dividends were paid to the directors in respect of their shareholding during the current or previous year. The aggregate remuneration paid to key management personnel for the year was £231,551 (2017: £228,841). As at the balance sheet date the company owed the directors £18,203 in respect of unpaid salary. (2017: the company owed the directors £21,536). No interest is charged on the directors' loan account. During the year a company under common control, paid insurance on behalf of the company amounting to £1,641 (2016: £1,234). The balance owing to the company from the connected company at the year end was £1,698 (2017: Amount due to the company £3,339). No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
11.
TOTAL PROFIT AND LOSS RESERVES
2018 |
2017 |
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£ |
£ |
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Profit and loss distributable reserves |
1,349,610 |
1,329,652 |
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Profit and loss non-distributable reserves |
89,160 |
89,160 |
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1,438,770 |
1,418,812 |
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