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REGISTERED NUMBER: 05055621 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2019

FOR

A FLETCHER & SONS LIMITED

A FLETCHER & SONS LIMITED (REGISTERED NUMBER: 05055621)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

A FLETCHER & SONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2019







DIRECTOR: A D J Fletcher





SECRETARY: Mrs W Fletcher





REGISTERED OFFICE: 148 Commercial Road
Totton
Southampton
SO40 3AA





REGISTERED NUMBER: 05055621 (England and Wales)





ACCOUNTANTS: R A Vowles & Co
Chartered Accountants
148 Commercial Road
Totton
Southampton
Hampshire
S040 3AA

A FLETCHER & SONS LIMITED (REGISTERED NUMBER: 05055621)

BALANCE SHEET
28 FEBRUARY 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,844 52,968

CURRENT ASSETS
Stocks 5 9,250 9,500
Debtors 6 53,883 59,346
Cash at bank and in hand 25,544 42,466
88,677 111,312
CREDITORS
Amounts falling due within one year 7 42,093 80,508
NET CURRENT ASSETS 46,584 30,804
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,428

83,772

CREDITORS
Amounts falling due after more than one
year

8

(19,818

)

(24,025

)

PROVISIONS FOR LIABILITIES 9 (2,787 ) (4,461 )
NET ASSETS 65,823 55,286

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 11 65,822 55,285
SHAREHOLDERS' FUNDS 65,823 55,286

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2019 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.

A FLETCHER & SONS LIMITED (REGISTERED NUMBER: 05055621)

BALANCE SHEET - continued
28 FEBRUARY 2019


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 22 November 2019 and were signed by:





A D J Fletcher - Director


A FLETCHER & SONS LIMITED (REGISTERED NUMBER: 05055621)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2019

1. STATUTORY INFORMATION

A Fletcher & Sons 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax. Turnover is recognised as soon as
the work is completed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Office alterations - 20% on cost
Fixtures & fittings - 25% on reducing balance
Tools & equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% 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.

A FLETCHER & SONS LIMITED (REGISTERED NUMBER: 05055621)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2019

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

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 4 (2018 - 4 ) .

4. TANGIBLE FIXED ASSETS
Office Fixtures Tools &
alterations & fittings equipment
£    £    £   
COST
At 1 March 2018 2,087 1,553 9,410
Additions - - 1,748
At 28 February 2019 2,087 1,553 11,158
DEPRECIATION
At 1 March 2018 1,252 764 5,721
Charge for year 417 196 1,032
At 28 February 2019 1,669 960 6,753
NET BOOK VALUE
At 28 February 2019 418 593 4,405
At 28 February 2018 835 789 3,689

A FLETCHER & SONS LIMITED (REGISTERED NUMBER: 05055621)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2019

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2018 92,762 827 106,639
Additions - 840 2,588
At 28 February 2019 92,762 1,667 109,227
DEPRECIATION
At 1 March 2018 45,313 621 53,671
Charge for year 11,863 204 13,712
At 28 February 2019 57,176 825 67,383
NET BOOK VALUE
At 28 February 2019 35,586 842 41,844
At 28 February 2018 47,449 206 52,968

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 March 2018
and 28 February 2019 45,170
DEPRECIATION
At 1 March 2018 11,668
Charge for year 8,376
At 28 February 2019 20,044
NET BOOK VALUE
At 28 February 2019 25,126
At 28 February 2018 33,502

5. STOCKS
2019 2018
£    £   
Stocks 9,250 9,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 53,231 58,240
Prepayments and accrued income 652 1,106
53,883 59,346

A FLETCHER & SONS LIMITED (REGISTERED NUMBER: 05055621)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2019

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Hire purchase contracts 3,579 6,952
Trade creditors 12,170 35,932
Tax 5,953 19,015
Social security and other taxes 1,296 1,360
VAT 9,633 8,607
Other creditors 9,372 8,581
Directors' current accounts 90 61
42,093 80,508

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2019 2018
£    £   
Hire purchase contracts 19,818 24,025

9. PROVISIONS FOR LIABILITIES
2019 2018
£    £   
Deferred tax 2,787 4,461

Deferred
tax
£   
Balance at 1 March 2018 4,461
Decrease in provision (1,674 )
Balance at 28 February 2019 2,787

10. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2019 2018
value: £    £   
1 Ordinary shares £1 1 1

11. RESERVES
Retained
earnings
£   

At 1 March 2018 55,285
Profit for the year 16,037
Dividends (5,500 )
At 28 February 2019 65,822

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
A FLETCHER & SONS LIMITED

The following reproduces the text of the report prepared for the director 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 order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of A Fletcher & Sons Limited for the year ended 28 February 2019 which comprise the Income
Statement, Balance Sheet and the related notes from the company's accounting records and from information and
explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of A Fletcher & Sons Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A Fletcher & Sons Limited and state those matters that we have agreed to state to the director of A Fletcher & Sons Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A Fletcher & Sons Limited and its director for our work or for this report.

It is your duty to ensure that A Fletcher & Sons Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of A Fletcher & Sons Limited. You consider that A Fletcher & Sons Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A Fletcher & Sons Limited. 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 statutory financial statements.






R A Vowles & Co
Chartered Accountants
148 Commercial Road
Totton
Southampton
Hampshire
S040 3AA


22 November 2019