Company Registration No. 06829630 (England and Wales)
Andy Stanley & Sons Limited
Unaudited accounts
for the year ended 30 April 2018
Andy Stanley & Sons Limited
Unaudited accounts
Contents
Andy Stanley & Sons Limited
Company Information
for the year ended 30 April 2018
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 2018
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 2018 as set out on pages
5 -
7 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
3 January 2019
Andy Stanley & Sons Limited
Statement of financial position
as at
30 April 2018
Intangible assets
40,000
40,000
Tangible assets
5,362
6,577
Cash at bank and in hand
11,869
5,868
Creditors: amounts falling due within one year
(36,036)
(42,128)
Net current liabilities
(18,900)
(29,054)
Called up share capital
1
1
Profit and loss account
26,461
17,522
Shareholders' funds
26,462
17,523
For the year ending 30 April 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 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 6 January 2019.
Andrew Stanley
Director
Company Registration No. 06829630
Andy Stanley & Sons Limited
Notes to the Accounts
for the year ended 30 April 2018
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 2018
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2017
4,101
11,765
1,036
16,902
At 30 April 2018
4,624
11,765
1,086
17,475
At 1 May 2017
2,976
6,614
735
10,325
Charge for the year
412
1,288
88
1,788
At 30 April 2018
3,388
7,902
823
12,113
At 30 April 2018
1,236
3,863
263
5,362
At 30 April 2017
1,125
5,151
301
6,577
Finished goods
1,800
5,500
Accrued income and prepayments
1,632
1,550
8
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
11,235
7,855
Obligations under finance leases and hire purchase contracts
787
4,196
Trade creditors
12,719
9,594
Taxes and social security
6,365
4,238
Loans from directors
4,658
15,937
9
Share capital
2018
2017
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
10
Average number of employees
During the year the average number of employees was 1 (2017: 1).