AH Enterprises (Hull) Ltd,Ltd - AccountsLtd - Accounts

AH Enterprises (Hull) Ltd,Ltd - AccountsLtd - Accounts

AH ENTERPRISES (HULL) LTD - Company Information

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2017-07-01 06941759 2018-06-30 06941759 2017-07-01 2018-06-30 06941759 2017-06-30 06941759 2016-07-01 2017-06-30 06941759 uk-core:WithinOneYear 2017-06-30 06941759 uk-core:WithinOneYear 2018-06-30 06941759 uk-core:AfterOneYear 2017-06-30 06941759 uk-core:AfterOneYear 2018-06-30 06941759 uk-core:ShareCapital 2018-06-30 06941759 uk-core:ShareCapital 2017-06-30 06941759 uk-core:RetainedEarningsAccumulatedLosses 2018-06-30 06941759 uk-core:RetainedEarningsAccumulatedLosses 2017-06-30 06941759 uk-bus:Director1 2017-07-01 2018-06-30 06941759 uk-core:NetGoodwill 2017-07-01 2018-06-30 06941759 uk-core:FurnitureFittings 2017-07-01 2018-06-30 06941759 uk-core:Goodwill 2017-06-30 06941759 uk-core:Goodwill 2018-06-30 iso4217:GBP 06941759 uk-bus:AuditExemptWithAccountantsReport 2017-07-01 2018-06-30 06941759 uk-bus:FRS102 2017-07-01 2018-06-30 06941759 uk-bus:FullAccounts 2017-07-01 2018-06-30 06941759 uk-bus:PrivateLimitedCompanyLtd 2017-07-01 2018-06-30
AH Enterprises (Hull) Ltd
Registered Number:06941759
For the year ended 30 June 2018
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2018
AH Enterprises (Hull) Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
As at 30 June 2018
AH Enterprises (Hull) Ltd
Statement of Financial Position
Registered Number :
06941759
£
£
2017
2018
Notes
Fixed assets
Property, plant and equipment
1,114
1,486
3
1,114
1,486
Current assets
Inventories
25,500
25,000
4
1,438
Cash and cash equivalents
1,005
26,005
26,938
Trade and other payables: amounts falling due within one
year
(6,598)
(7,524)
5
20,340
18,481
Net current assets
Total assets less current liabilities
19,595
21,826
Trade and other payables: amounts falling due after more
than one year
(50,616)
(50,616)
6
(31,021)
Net liabilities
(28,790)
Capital and reserves
Called up share capital
1
1
Retained earnings
(31,022)
(28,791)
(31,021)
(28,790)
Shareholders' funds
For the year ended 30 June 2018 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 of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Alia Hakim Director
These financial statements were approved and authorised for issue by the Board on 27 March 2019 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 30 June 2018
AH Enterprises (Hull) Ltd
Notes to the Financial Statements
Statutory Information
AH Enterprises (Hull) Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 06941759.
Registered address:
5-7 Burnhope way
Peterlee
SR8 1BT
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 5 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. An amount equal to the excess of the annual depreciation charge on revalued assets over the notional historic cost depreciation charge on those assets is transferred annually from the revaluation reserve to the profit and loss reserve. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
5
For the year ended 30 June 2018
AH Enterprises (Hull) Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 July 2017
21,277
At 30 June 2018
21,277
Amortisation
At 01 July 2017
21,277
At 30 June 2018
21,277
Net book value
At 30 June 2018
-
At 30 June 2017
-
3. Property, plant and equipment
Fixtures and
fittings
£
Cost or
valuation
At 01 July 2017
13,915
At 30 June 2018
13,915
Provision for depreciation and impairment
At 01 July 2017
12,429
Charge for year
372
At 30 June 2018
12,801
At 30 June 2018
Net book value
1,114
At 30 June 2017
1,486
4. Inventories
2017
2018
£
£
Stocks
25,000
25,500
3 of 4
6
For the year ended 30 June 2018
AH Enterprises (Hull) Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2017
2018
£
£
Taxation and social security
4,003
5,017
Other creditors
3,521
1,581
7,524
6,598
6. Trade and other payables: amounts falling due after more than one year
2017
2018
£
£
Other creditors
50,616
50,616
4 of 4