Registered Number
:
00756229
|
For the year ended 31 January 2018
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2018
A D & S A Hayes Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
A D & S A Hayes Limited
Statement of Financial Position
2017
2018
Property
,
plant and equipment
|
10,876
14,255
2
10,876
14,255
4,793
2,906
Trade and other receivables
|
7,064
1,488
3
2,964
Cash and cash equivalents
|
2,827
7,221
14,821
Trade and other payables
:
amounts falling due within one
|
year
|
(14,166)
(12,976)
4
655
(5,755)
Net current liabilities
Total assets less current liabilities
|
5,121
14,910
Trade and other payables
:
amounts falling due after more
|
than one year
|
(8,837)
(6,312)
5
(1,191)
Net assets/liabilities
6,073
1,500
1,500
(2,691)
4,573
(1,191)
6,073
Shareholders' funds
For the year ended 31 January 2018 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
Mr ANDREW DAVID HAYES Director
|
These financial statements were approved and authorised for issue by the Board on 23 August 2018 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 January 2018
A D & S A Hayes Limited
Notes to the Financial Statements
Statutory Information
A D
&
S A Hayes Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
00756229
.
|
Principal place of business
:
|
19 Thirlmere Road
Wigston
Leicestershire
LE18 3RS
West Walk House
99 Princess Road East
Leicestershire
LE1 7LF
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
2 of 4
For the year ended 31 January 2018
A D & S A Hayes Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
23,296
4,907
15,204
3,185
3,185
15,204
4,907
23,296
Provision for depreciation and impairment
|
9,041
4,408
2,217
2,416
Charge for year
3,379
55
3,247
77
12,420
4,463
5,464
2,493
692
9,740
444
10,876
769
12,987
499
14,255
3
.
Trade and other receivables
|
2017
2018
1,108
6,577
Prepayments and accrued income
|
380
431
Taxation and social security
|
-
56
7,064
1,488
4
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
2,996
4,281
Taxation and social security
|
811
414
Accruals and deferred income
|
1,963
876
Directors
'
loan accounts
|
4,681
6,070
Obligations under HP
/
Financial leases
|
2,525
2,525
12,976
14,166
5
.
Trade and other payables
:
amounts falling due after more than one year
|
2017
2018
8,837
6,312
Obligations under HP
/
Financial leases
|
3 of 4
For the year ended 31 January 2018
A D & S A Hayes Limited
Notes to the Financial Statements Continued
6
.
Related party transactions
|
The Ultimate Controlling Party is Mrs. S. A. Hayes, a UK resident.
7
.
Average number of persons employed
|
During the year the average number of employees was 1 (2017 : 1)
4 of 4