A BALL & SON LIMITED - Accounts to registrar - small 16.3d

REGISTERED NUMBER: 01043912 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2018

for

A BALL & SON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

MR M BALL

SECRETARY:

MRS W BALL

REGISTERED OFFICE:

76 LAUGHTON ROAD

DINNINGTON

SHEFFIELD

S26 2PS

REGISTERED NUMBER:

01043912 (England and Wales)

ACCOUNTANTS:

Lindrick Accountancy Services Limited

205 Outgang Lane

Dinnington

Sheffield

S25 3QY

FIXED ASSETS

Tangible assets

4

9,191

11,901

CURRENT ASSETS

Stocks

3,852

3,522

Debtors

5

408

172

Cash at bank and in hand

41,350

37,850

45,610

41,544

CREDITORS

Amounts falling due within one year

6

5,037

6,136

NET CURRENT ASSETS

40,573

35,408

TOTAL ASSETS LESS CURRENT LIABILITIES

49,764

47,309

CAPITAL AND RESERVES

Called up share capital

2,100

2,100

Retained earnings

47,664

45,209

SHAREHOLDERS' FUNDS

49,764

47,309

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director on 19 March 2019 and were signed by:

MR M BALL - Director

1.	STATUTORY INFORMATION

A BALL & SON 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. 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.

Improvements to property

-

10% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2018

and 31 December 2018

17,721

3,432

36,531

DEPRECIATION

At 1 January 2018

17,721

2,994

32,023

Charge for year

-

88

901

At 31 December 2018

17,721

3,082

32,924

NET BOOK VALUE

At 31 December 2018

-

350

3,607

At 31 December 2017

-

438

4,508

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2018

and 31 December 2018

16,492

2,905

77,081

DEPRECIATION

At 1 January 2018

9,899

2,543

65,180

Charge for year

1,648

73

2,710

At 31 December 2018

11,547

2,616

67,890

NET BOOK VALUE

At 31 December 2018

4,945

289

9,191

At 31 December 2017

6,593

362

11,901

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Other debtors

408

172

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Trade creditors

1

-

Taxation and social security

4,166

5,266

Other creditors

870

870

5,037

6,136

The following reproduces the text of the report prepared for the director and members in

respect of the company's annual unaudited financial statements. In accordance with the

Companies Act 2006, the company is only required to file a Balance Sheet. Readers are

cautioned that the Income Statement and certain other primary statements and the Report of

the Director are not required to be filed with the Registrar of Companies.

In accordance with our terms of engagement and in order to assist you to fulfil your duties under the

Companies Act 2006, we have compiled the financial statements of the company for the period

ended 31 December 2018 which comprise the Profit and Loss Account, the Balance Sheet and the

related notes from the accounting records and information and explanations you have given to us.

This report is made to the company's director, in accordance with the terms of our engagement. Our

work has been undertaken so that we might compile the financial statements that we have been

engaged to compile, report to the company's director that we have done so, and state those matters

that we have agreed to state to him in this report and for no other purpose. To the fullest extent

permitted by law, we do not accept or assume responsibility to anyone other than the company and

the company's director, for our work or for this report.

You have acknowledged on the Balance Sheet as at 31 December 2018 your duty to ensure that the

company has kept proper accounting records and to prepare financial statements that give a true and

fair view under the Companies Act 2006. You consider that the company is exempt from the

statutory requirement for an audit for the period.

We have not been instructed to carry out an audit of the financial statements. 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 financial

statements.

Lindrick Accountancy Services Limited

205 Outgang Lane

Dinnington

Sheffield

S25 3QY

Date: .............................................