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REGISTERED NUMBER: 04405008 (England and Wales)
















A J PLANT REPAIRS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018






A J PLANT REPAIRS LTD (REGISTERED NUMBER: 04405008)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A J PLANT REPAIRS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: Mr A J Osborne
Mr D Osborne
Mrs C L Bailey





REGISTERED OFFICE: 1 Rosemary Avenue
Cheslyn Hay
Walsall
West Midlands
WS6 7DX





REGISTERED NUMBER: 04405008 (England and Wales)

A J PLANT REPAIRS LTD (REGISTERED NUMBER: 04405008)

BALANCE SHEET
31 MARCH 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 182,261 200,658

CURRENT ASSETS
Stocks 10,950 10,950
Debtors 5 43,886 54,177
Cash at bank 12,949 9,777
67,785 74,904
CREDITORS
Amounts falling due within one year 6 133,862 145,412
NET CURRENT LIABILITIES (66,077 ) (70,508 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

116,184

130,150

CREDITORS
Amounts falling due after more than one
year

7

(32,654

)

(47,100

)

PROVISIONS FOR LIABILITIES (17,853 ) (22,472 )
NET ASSETS 65,677 60,578

CAPITAL AND RESERVES
Called up share capital 9 60 60
Retained earnings 65,617 60,518
SHAREHOLDERS' FUNDS 65,677 60,578

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

A J PLANT REPAIRS LTD (REGISTERED NUMBER: 04405008)

BALANCE SHEET - continued
31 MARCH 2018


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 4 September 2018 and were signed on its behalf
by:




Mrs C L Bailey - Director Mr A J Osborne - Director




Mr D Osborne - Director


A J PLANT REPAIRS LTD (REGISTERED NUMBER: 04405008)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

1. STATUTORY INFORMATION

A J Plant Repairs 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 net of VAT and trade
discounts. The policy adopted for the recognition of turnover is as follows:

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from the supply of services is recognised
by reference to the stage of completion at the balance sheet date.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses
recognised that are recoverable.

Tangible fixed assets
Tangible fixed assets are included at cost less accumulated depreciation and impairment. Cost includes costs
directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated
residual value, of each asset on a systematic basis over its expected useful lives as follows:

Freehold Land- not provided
Improvements to Property- 2% on cost
Plant and Machinery - 25% on reducing balance
Motor Vehicles- 25% on reducing balance
Computer Equipment - 25% on reducing balance

Stocks
Stocks are stated at the lower of cost and estimated selling price. Cost includes all costs of purchase and other
costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out
formula. Provision is made for damaged, obsolete and slow moving stock where appropriate.

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.

A J PLANT REPAIRS LTD (REGISTERED NUMBER: 04405008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

2. ACCOUNTING POLICIES - continued

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.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at
transaction price. Any losses arising from impairment are recognised in the profit and loss account in other
administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently,
they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement
constitutes a finance transaction it is measured at present value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 5 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
Land property machinery
£    £    £   
COST
At 1 April 2017 88,297 35,828 63,091
Additions - - 4,500
At 31 March 2018 88,297 35,828 67,591
DEPRECIATION
At 1 April 2017 - 7,875 46,378
Charge for year - 717 5,303
Eliminated on disposal - - -
At 31 March 2018 - 8,592 51,681
NET BOOK VALUE
At 31 March 2018 88,297 27,236 15,910
At 31 March 2017 88,297 27,953 16,713

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2017 157,854 1,971 347,041
Additions - 180 4,680
Disposals (1,694 ) - (1,694 )
At 31 March 2018 156,160 2,151 350,027
DEPRECIATION
At 1 April 2017 90,375 1,755 146,383
Charge for year 16,864 168 23,052
Eliminated on disposal (1,669 ) - (1,669 )
At 31 March 2018 105,570 1,923 167,766
NET BOOK VALUE
At 31 March 2018 50,590 228 182,261
At 31 March 2017 67,479 216 200,658

A J PLANT REPAIRS LTD (REGISTERED NUMBER: 04405008)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 36,732 46,810
Prepayments 7,154 7,367
43,886 54,177

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Hire purchase contracts 16,327 22,245
Trade creditors 8,778 7,031
Taxation and social security 24,189 25,307
Other creditors 84,568 90,829
133,862 145,412

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.18 31.3.17
£    £   
Hire purchase contracts 32,654 47,100

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.18 31.3.17
£    £   
Hire purchase contracts 48,981 69,345

Finance is secured on the asset to which it relates.

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.18 31.3.17
value: £    £   
60 Ordinary £1 60 60

10. RELATED PARTY DISCLOSURES

As at 31st March 2018 the directors were owed £ 83,231 (2017 : £ 89,187). The loans are interest free and
repayable upon demand.