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REGISTERED NUMBER: 07986726 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2017

for

A & S Aluminium Glazing Systems Limited

A & S Aluminium Glazing Systems Limited (Registered number: 07986726)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A & S Aluminium Glazing Systems Limited

Company Information
for the Year Ended 31 March 2017







DIRECTORS: A J Leadbeater
R S Williams





SECRETARY: A J Leadbeater





REGISTERED OFFICE: Unit 18
Queens Court Industrial Estate
Greets Green Road
West Bromwich
West Midlands
B70 9EG





REGISTERED NUMBER: 07986726 (England and Wales)





ACCOUNTANTS: Pride Accountants
Polymer Court
Hope Street
Dudley
West Midlands
DY2 8RS

A & S Aluminium Glazing Systems Limited (Registered number: 07986726)

Balance Sheet
31 March 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,587 6,115

CURRENT ASSETS
Stocks 27,505 27,065
Debtors 5 129,179 42,987
Cash at bank 66,255 56,521
222,939 126,573
CREDITORS
Amounts falling due within one year 6 154,872 100,437
NET CURRENT ASSETS 68,067 26,136
TOTAL ASSETS LESS CURRENT
LIABILITIES

72,654

32,251

CREDITORS
Amounts falling due after more than one
year

7

-

(2,990

)

PROVISIONS FOR LIABILITIES 8 (917 ) -
NET ASSETS 71,737 29,261

CAPITAL AND RESERVES
Called up share capital 60 60
Retained earnings 71,677 29,201
SHAREHOLDERS' FUNDS 71,737 29,261

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 & S Aluminium Glazing Systems Limited (Registered number: 07986726)

Balance Sheet - continued
31 March 2017


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 11 July 2017 and were signed on its
behalf by:




A J Leadbeater - Director



R S Williams - Director


A & S Aluminium Glazing Systems Limited (Registered number: 07986726)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

A & S Aluminium Glazing Systems 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.

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, excluding discounts,
rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 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.

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.

A & S Aluminium Glazing Systems Limited (Registered number: 07986726)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 .

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 April 2016
and 31 March 2017 14,495
DEPRECIATION
At 1 April 2016 8,380
Charge for year 1,528
At 31 March 2017 9,908
NET BOOK VALUE
At 31 March 2017 4,587
At 31 March 2016 6,115

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 129,179 42,987

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts 2,990 3,261
Trade creditors 32,101 30,761
Taxation and social security 51,225 21,121
Other creditors 68,556 45,294
154,872 100,437

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2017 2016
£    £   
Bank loans - 2,990

8. PROVISIONS FOR LIABILITIES
2017 2016
£    £   
Deferred tax 917 -

A & S Aluminium Glazing Systems Limited (Registered number: 07986726)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Provided during year 917
Balance at 31 March 2017 917

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £52,000 (2016 - £52,000) were paid to the directors .

The company purchased goods and services in the sum of £27,583 from A & S Glazing Limited, during
the period, all business was conducted at normal commercial rates.

The credit balance outstanding as at 31st March 2017 was £14,400.

A & S Glazing Limited and A & S Aluminium Glazing Systems Limited share common directors and
shareholders and all transactions were conducted at normal commercial rates.

10. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.