Company Registration No. 09471366 (England and Wales)
AA Contractors Limited
Unaudited accounts
for the year ended 31 March 2023
AA Contractors Limited
Unaudited accounts
Contents
AA Contractors Limited
Company Information
for the year ended 31 March 2023
Directors
Mr Alan Storey
Mr Andrew Storey
Company Number
09471366 (England and Wales)
Registered Office
2 LYDE GREEN
ROTHERWICK
HOOK
RG27 9BH
ENGLAND
Accountants
Ping Accounting Ltd
11a Park Street
Camberley
Surrey
GU15 3PQ
AA Contractors Limited
Statement of financial position
as at 31 March 2023
Tangible assets
14,308
17,106
Cash at bank and in hand
(6,443)
18,789
Creditors: amounts falling due within one year
(82,059)
(11,966)
Net current assets
9,823
28,385
Total assets less current liabilities
24,131
45,491
Creditors: amounts falling due after more than one year
(22,500)
(43,349)
Called up share capital
2
2
Profit and loss account
1,629
2,140
Shareholders' funds
1,631
2,142
For the year ending 31 March 2023 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 directors acknowledge their 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.
The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2023 and were signed on its behalf by
Mr Alan Storey
Director
Company Registration No. 09471366
AA Contractors Limited
Notes to the Accounts
for the year ended 31 March 2023
AA Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 09471366. The registered office is 2 LYDE GREEN, ROTHERWICK, HOOK, RG27 9BH, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% on a reducing balance
Fixtures & fittings
20% on a reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
1,540
44,822
-
46,362
At 31 March 2023
1,540
44,822
1,041
47,403
At 1 April 2022
949
28,307
-
29,256
Charge for the year
307
3,303
229
3,839
At 31 March 2023
1,256
31,610
229
33,095
At 31 March 2023
284
13,212
812
14,308
At 31 March 2022
591
16,515
-
17,106
AA Contractors Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
24,618
18,687
Deferred tax asset
3,445
2,238
Accrued income and prepayments
70,262
384
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
10,849
4,219
Trade creditors
2,626
4,433
Taxes and social security
6,967
(8,775)
Loans from directors
66,618
144
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
10,849
The Directors Loan Accounts have the following balances:
Mr Alan Storey £88 Credit
Mr Andrew Storey £66,530 Credit
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).