Company Registration No. 06829630 (England and Wales)
Andy Stanley & Sons Limited
Unaudited accounts
for the year ended 30 April 2019
Andy Stanley & Sons Limited
Unaudited accounts
Contents
Andy Stanley & Sons Limited
Company Information
for the year ended 30 April 2019
Company Number
06829630 (England and Wales)
Registered Office
11 Chapel Lane
Arnold
Nottingham
Nottinghamshire
NG5 7DR
Accountants
Select Accountancy Ltd FFA/FIPA FFTA
11 Chapel Lane
Arnold
Nottingham
NG5 7DR
Andy Stanley & Sons Limited
Accountants' report
Accountants' report to the director of Andy Stanley & Sons Limited on the preparation of the unaudited statutory accounts for the year ended 30 April 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Andy Stanley & Sons Limited for the year ended
30 April 2019 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Andy Stanley & Sons Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Andy Stanley & Sons Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Andy Stanley & Sons Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Andy Stanley & Sons Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Andy Stanley & Sons Limited. You consider that Andy Stanley & Sons Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Andy Stanley & Sons Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Select Accountancy Ltd FFA/FIPA FFTA
11 Chapel Lane
Arnold
Nottingham
NG5 7DR
20 November 2019
Andy Stanley & Sons Limited
Statement of financial position
as at
30 April 2019
Intangible assets
40,000
40,000
Tangible assets
4,209
5,362
Cash at bank and in hand
1,876
11,869
Creditors: amounts falling due within one year
(32,672)
(36,036)
Net current assets/(liabilities)
1,604
(18,900)
Called up share capital
1
1
Profit and loss account
45,812
26,461
Shareholders' funds
45,813
26,462
For the year ending 30 April 2019 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 26 December 2019.
Andrew Stanley
Director
Company Registration No. 06829630
Andy Stanley & Sons Limited
Notes to the Accounts
for the year ended 30 April 2019
Andy Stanley & Sons Limited is a private company, limited by shares, registered in England and Wales, registration number 06829630. The registered office is 11 Chapel Lane, Arnold, Nottingham, Nottinghamshire, NG5 7DR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Computer equipment
25% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are not amortised
4
Intangible fixed assets
Goodwill
Andy Stanley & Sons Limited
Notes to the Accounts
for the year ended 30 April 2019
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2018
4,624
11,765
1,086
17,475
Disposals
(503)
-
-
(503)
At 30 April 2019
4,480
11,765
1,138
17,383
At 1 May 2018
3,388
7,902
823
12,113
Charge for the year
360
966
79
1,405
On disposals
(344)
-
-
(344)
At 30 April 2019
3,404
8,868
902
13,174
At 30 April 2019
1,076
2,897
236
4,209
At 30 April 2018
1,236
3,863
263
5,362
Finished goods
2,160
1,800
Trade debtors
28,578
1,835
Accrued income and prepayments
1,662
1,632
8
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
13,233
11,235
Obligations under finance leases and hire purchase contracts
-
787
Trade creditors
8,581
12,719
Taxes and social security
10,574
6,365
Loans from directors
-
4,658
9
Share capital
2019
2018
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Andy Stanley & Sons Limited
Notes to the Accounts
for the year ended 30 April 2019
10
Average number of employees
During the year the average number of employees was 1 (2018: 1).