A1 SOVEREIGN LIMITED

Company Registration Number:
05723611 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

A1 SOVEREIGN LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Balance sheet
Notes

A1 SOVEREIGN LIMITED

Balance sheet

As at 31 March 2018


Notes

2018

2017


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 249,981 254,071
Investments:   0 0
Total fixed assets: 249,981 254,071
Current assets
Stocks: 3,144 10,831
Debtors:   36,677 30,491
Cash at bank and in hand: 49,733 47,976
Investments:   0 0
Total current assets: 89,554 89,298
Creditors: amounts falling due within one year:   (94,477) (91,649)
Net current assets (liabilities): (4,923) (2,351)
Total assets less current liabilities: 245,058 251,720
Creditors: amounts falling due after more than one year: 4 (72,693) (84,375)
Provision for liabilities: 0 (359)
Total net assets (liabilities): 172,365 166,986
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 172,265 166,886
Shareholders funds: 172,365 166,986

The notes form part of these financial statements

A1 SOVEREIGN LIMITED

Balance sheet statements

For the year ending 31 March 2018 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 12 September 2018
and signed on behalf of the board by:

Name: Mr A L Mitchell
Status: Director

The notes form part of these financial statements

A1 SOVEREIGN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

A1 SOVEREIGN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Employees

2018 2017
Average number of employees during the period 1 1

A1 SOVEREIGN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

3. Tangible Assets

Total
Cost £
At 01 April 2017 292,204
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 March 2018 292,204
Depreciation
At 01 April 2017 38,133
Charge for year 4,090
On disposals 0
Other adjustments 0
At 31 March 2018 42,223
Net book value
At 31 March 2018 249,981
At 31 March 2017 254,071

A1 SOVEREIGN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

4. Creditors: amounts falling due after more than one year note

Bank LoansThe bank loan is secured on the freehold property.

A1 SOVEREIGN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

5. Related party transactions

Name of the related party: Mr A L Mitchell
Relationship:
Director
Description of the Transaction: Directors Current Account
£
Balance at 01 April 2017 39,600
Balance at 31 March 2018 39,536