IRIS Accounts Production v20.1.0.635 06499445 Board of Directors 1.1.19 31.12.19 31.12.19 true false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure 06499445 2018-12-31 06499445 2019-12-31 06499445 2019-01-01 2019-12-31 06499445 2017-12-31 06499445 2018-01-01 2018-12-31 06499445 2018-12-31 06499445 ns16:EnglandWales 2019-01-01 2019-12-31 06499445 ns15:PoundSterling 2019-01-01 2019-12-31 06499445 ns11:Director1 2019-01-01 2019-12-31 06499445 ns11:PrivateLimitedCompanyLtd 2019-01-01 2019-12-31 06499445 ns11:SmallEntities 2019-01-01 2019-12-31 06499445 ns11:AuditExempt-NoAccountantsReport 2019-01-01 2019-12-31 06499445 ns11:SmallCompaniesRegimeForDirectorsReport 2019-01-01 2019-12-31 06499445 ns11:SmallCompaniesRegimeForAccounts 2019-01-01 2019-12-31 06499445 ns11:FullAccounts 2019-01-01 2019-12-31 06499445 1 2019-01-01 2019-12-31 06499445 ns11:Director2 2019-01-01 2019-12-31 06499445 ns11:CompanySecretary1 2019-01-01 2019-12-31 06499445 ns11:RegisteredOffice 2019-01-01 2019-12-31 06499445 ns6:CurrentFinancialInstruments 2019-12-31 06499445 ns6:CurrentFinancialInstruments 2018-12-31 06499445 ns6:Non-currentFinancialInstruments 2019-12-31 06499445 ns6:Non-currentFinancialInstruments 2018-12-31 06499445 ns6:ShareCapital 2019-12-31 06499445 ns6:ShareCapital 2018-12-31 06499445 ns6:RetainedEarningsAccumulatedLosses 2019-12-31 06499445 ns6:RetainedEarningsAccumulatedLosses 2018-12-31 06499445 ns6:NetGoodwill 2019-01-01 2019-12-31 06499445 ns6:IntangibleAssetsOtherThanGoodwill 2019-01-01 2019-12-31 06499445 ns6:PlantMachinery 2019-01-01 2019-12-31 06499445 ns6:NetGoodwill 2018-12-31 06499445 ns6:NetGoodwill 2019-12-31 06499445 ns6:NetGoodwill 2018-12-31 06499445 ns6:PlantMachinery 2018-12-31 06499445 ns6:PlantMachinery 2019-12-31 06499445 ns6:PlantMachinery 2018-12-31 06499445 ns6:CostValuation 2018-12-31 06499445 ns6:AdditionsToInvestments 2019-12-31 06499445 ns6:CostValuation 2019-12-31 06499445 ns6:CurrentFinancialInstruments ns6:WithinOneYear 2019-12-31 06499445 ns6:CurrentFinancialInstruments ns6:WithinOneYear 2018-12-31
REGISTERED NUMBER: 06499445 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2019

for

Andrew David Associates Ltd

Andrew David Associates Ltd (Registered number: 06499445)






Contents of the Financial Statements
for the Year Ended 31 December 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Andrew David Associates Ltd

Company Information
for the Year Ended 31 December 2019







DIRECTORS: D J Murphy
A D Start





SECRETARY: D J Murphy





REGISTERED OFFICE: 21 Church Road
Parkstone
Poole
Dorset
BH14 8UF





BUSINESS ADDRESS: The Market House
Corn Market
Wimborne
Dorset
BH21 1JL





REGISTERED NUMBER: 06499445 (England and Wales)





ACCOUNTANT: Richard Allen & Associates
21 Church Road
Parkstone
Poole
Dorset
BH14 8UF

Andrew David Associates Ltd (Registered number: 06499445)

Balance Sheet
31 December 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 14,777 6,266
Tangible assets 5 21,045 23,497
Investments 6 9,700 100
45,522 29,863

CURRENT ASSETS
Debtors 7 342,447 339,440
Investments 8 1,505 -
Cash at bank and in hand 128,590 149,234
472,542 488,674
CREDITORS
Amounts falling due within one year 9 65,983 96,280
NET CURRENT ASSETS 406,559 392,394
TOTAL ASSETS LESS CURRENT
LIABILITIES

452,081

422,257

CREDITORS
Amounts falling due after more than one year 10 (12,670 ) (15,339 )

PROVISIONS FOR LIABILITIES (2,233 ) (2,032 )
NET ASSETS 437,178 404,886

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 436,878 404,586
SHAREHOLDERS' FUNDS 437,178 404,886

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 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.

Andrew David Associates Ltd (Registered number: 06499445)

Balance Sheet - continued
31 December 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 Board of Directors and authorised for issue on 27 April 2020 and were
signed on its behalf by:





A D Start - Director


Andrew David Associates Ltd (Registered number: 06499445)

Notes to the Financial Statements
for the Year Ended 31 December 2019

1. STATUTORY INFORMATION

Andrew David Associates 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 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less
any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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

Andrew David Associates Ltd (Registered number: 06499445)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2019

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2018 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2019 202,728
Additions 12,597
Disposals (13,396 )
At 31 December 2019 201,929
AMORTISATION
At 1 January 2019 196,462
Charge for year 4,086
Eliminated on disposal (13,396 )
At 31 December 2019 187,152
NET BOOK VALUE
At 31 December 2019 14,777
At 31 December 2018 6,266

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2019 44,557
Additions 7,555
At 31 December 2019 52,112
DEPRECIATION
At 1 January 2019 21,060
Charge for year 10,007
At 31 December 2019 31,067
NET BOOK VALUE
At 31 December 2019 21,045
At 31 December 2018 23,497

Andrew David Associates Ltd (Registered number: 06499445)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2019

6. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 January 2019 100 - 100
Additions - 9,600 9,600
At 31 December 2019 100 9,600 9,700
NET BOOK VALUE
At 31 December 2019 100 9,600 9,700
At 31 December 2018 100 - 100

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 36,733 52,009
Amounts owed by group undertakings 138,692 133,856
Other debtors 167,022 153,575
342,447 339,440

8. CURRENT ASSET INVESTMENTS
2019 2018
£    £   
Listed investments 1,505 -

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Hire purchase contracts 2,669 2,521
Taxation and social security 57,299 79,481
Other creditors 6,015 14,278
65,983 96,280

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2019 2018
£    £   
Hire purchase contracts 12,670 15,339

11. CONTINGENT LIABILITIES

The potential liability to repay indemnity commission is very small as it represents a relatively small element of the
business. Any such liability could only relate to indemnity commission, which is not considered likely to crystallise
to any significant amount. A provision of £879 (at 31 December 2018 - £792) has been made which equates to
4% of gross indemnity commissions received.