AES Metals Ltd - Accounts to registrar - small 16.1.1

REGISTERED NUMBER: 09228324 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

AES METALS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A.E. Smith

C A Carden

SECRETARY:

Mrs D M Carden

REGISTERED OFFICE:

1 High Street

Thatcham

Berks

RG19 3JG

REGISTERED NUMBER:

09228324 (England and Wales)

ACCOUNTANTS:

C B Heslop & Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

FIXED ASSETS

Tangible assets

4

1,644

756

CURRENT ASSETS

Debtors: amounts falling due within one year

5

10,344

10,752

Cash at bank

68,437

24,617

78,781

35,369

CREDITORS

Amounts falling due within one year

6

21,588

14,887

NET CURRENT ASSETS

57,193

20,482

TOTAL ASSETS LESS CURRENT LIABILITIES

58,837

21,238

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

57,837

20,238

SHAREHOLDERS' FUNDS

58,837

21,238

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 27 February 2017 and were signed on its behalf by:

C A Carden - Director

1.	STATUTORY INFORMATION

AES Metals Ltd 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.

Fixtures and fittings

-

25% on cost

Office equipment

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Office

fittings

equipment

Totals

£

£

£

COST

At 1 January 2016

-

1,008

1,008

Additions

670

801

1,471

At 31 December 2016

670

1,809

2,479

DEPRECIATION

At 1 January 2016

-

252

252

Charge for year

168

415

583

At 31 December 2016

168

667

835

NET BOOK VALUE

At 31 December 2016

502

1,142

1,644

At 31 December 2015

-

756

756

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade debtors

9,180

10,532

Other debtors

1,164

220

10,344

10,752

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade creditors

948

1,788

Taxation and social security

18,757

11,224

Other creditors

1,883

1,875

21,588

14,887

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.16

31.12.15

value:

£

£

1,000

Ordinary

1

1,000

1,000

8.	ULTIMATE CONTROLLING PARTY

Control of the company rests with the directors and members of their immediate family, who between them, hold

the controlling interest in the company's shares.