Aztech Environmental Services (Uk) Limit - Accounts to registrar (filleted) - small 18.2

Aztech Environmental Services (Uk) Limit - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: 03510995 (England and Wales)















AZTECH ENVIRONMENTAL SERVICES (UK)
LIMITED

Unaudited Financial Statements

for the Year Ended 28 February 2018






AZTECH ENVIRONMENTAL SERVICES (UK)
LIMITED (REGISTERED NUMBER: 03510995)






Contents of the Financial Statements
for the Year Ended 28 February 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AZTECH ENVIRONMENTAL SERVICES (UK)
LIMITED

Company Information
for the Year Ended 28 February 2018







DIRECTOR: Sir A Henniker





SECRETARY: Lady L A Henniker





REGISTERED OFFICE: 11 New Street
Pontnewydd
Cwmbran
Torfaen
NP44 1EE





REGISTERED NUMBER: 03510995 (England and Wales)





ACCOUNTANTS: Griffiths Green Arnold
11 New Street
Pontnewydd
Cwmbran
NP44 1EE

AZTECH ENVIRONMENTAL SERVICES (UK)
LIMITED (REGISTERED NUMBER: 03510995)

Balance Sheet
28 February 2018

28.2.18 28.2.17
Notes £    £   
FIXED ASSETS
Tangible assets 4 83,108 100,071
Investments 5 1,000 1,000
84,108 101,071

CURRENT ASSETS
Stocks 40,000 36,940
Debtors 6 4,763 11,493
Cash at bank and in hand 864 5,745
45,627 54,178
CREDITORS
Amounts falling due within one year 7 (170,043 ) (193,060 )
NET CURRENT LIABILITIES (124,416 ) (138,882 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(40,308

)

(37,811

)

CREDITORS
Amounts falling due after more than one year 8 (8,392 ) (14,595 )
NET LIABILITIES (48,700 ) (52,406 )

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings (53,700 ) (57,406 )
(48,700 ) (52,406 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 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.

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 director on 25 February 2019 and were signed by:




Sir A Henniker - Director


AZTECH ENVIRONMENTAL SERVICES (UK)
LIMITED (REGISTERED NUMBER: 03510995)

Notes to the Financial Statements
for the Year Ended 28 February 2018

1. STATUTORY INFORMATION

Aztech Environmental Services (Uk) 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 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.

As at 28 February 2018 the company had net liabilities of £48,700. The company is therefore dependent upon the continuing
support of its director, bankers and major creditors.

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.
Plant and machinery etc - 25% on cost and 10% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

AZTECH ENVIRONMENTAL SERVICES (UK)
LIMITED (REGISTERED NUMBER: 03510995)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2017 216,414
Additions 21,403
Disposals (26,000 )
At 28 February 2018 211,817
DEPRECIATION
At 1 March 2017 116,343
Charge for year 22,116
Eliminated on disposal (9,750 )
At 28 February 2018 128,709
NET BOOK VALUE
At 28 February 2018 83,108
At 28 February 2017 100,071

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 March 2017
and 28 February 2018 1,000
NET BOOK VALUE
At 28 February 2018 1,000
At 28 February 2017 1,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Trade debtors 4,763 8,400
Other debtors - 3,093
4,763 11,493

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Bank loans and overdrafts 94,248 89,630
Hire purchase contracts 17,848 20,587
Trade creditors 41,004 58,682
Taxation and social security 4,378 4,115
Other creditors 12,565 20,046
170,043 193,060

AZTECH ENVIRONMENTAL SERVICES (UK)
LIMITED (REGISTERED NUMBER: 03510995)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.18 28.2.17
£    £   
Hire purchase contracts 8,392 14,595

9. SECURED DEBTS

The following secured debts are included within creditors:

28.2.18 28.2.17
£    £   
Bank overdrafts 94,248 89,630
Hire purchase contracts 26,240 35,182
120,488 124,812

The bank overdraft is secured by a fixed and floating charge over the assets of the company. The net obligations under hire
purchase contracts are secured on the assets to which they relate.