Anatolian Limited - Accounts to registrar (filleted) - small 18.2

Anatolian Limited - Accounts to registrar (filleted) - small 18.2

ANATOLIAN LIMITED - Company Information

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REGISTERED NUMBER: 09906030 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2018

FOR

ANATOLIAN LIMITED
ANATOLIAN LIMITED (REGISTERED NUMBER: 09906030)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ANATOLIAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2018







DIRECTORS: Mr M Gec
Mr Y Donmez





SECRETARY: Mr M Gec





REGISTERED OFFICE: 22 Eastbury Road
Beckton
London
E6 6LP





REGISTERED NUMBER: 09906030 (England and Wales)





ACCOUNTANTS: AGK Partners
Chartered Accountants
1 Kings Avenue
London
N21 3NA
Page 1
ANATOLIAN LIMITED (REGISTERED NUMBER: 09906030)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 17,909 23,879

CURRENT ASSETS
Debtors 5 37,718 12,434
Cash in hand 100 4
37,818 12,438
CREDITORS
Amounts falling due within one year 6 73,264 37,672
NET CURRENT LIABILITIES (35,446 ) (25,234 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(17,537
)
(1,355
)

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings (17,541 ) (1,359 )
(17,537 ) (1,355 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 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.

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 on 17 September 2019 and were signed on its behalf
by:





Mr Y Donmez - Director


The notes form part of these financial statements

Page 2
ANATOLIAN LIMITED (REGISTERED NUMBER: 09906030)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018

1. STATUTORY INFORMATION

Anatolian 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 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.

The financial statements have been prepared on a going concern basis as the directors are satisfied that
thecompany will have adequate resources to meet its liabilities to third parties as they fall due.

Preparation of consolidated financial statements
The financial statements contain information about Anatolian Limited as an individual company and do not
contain consolidated financial information as the parent of a group. The company is exempt under Section
399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that period
or in the period of the revision and future periods where the revision affects both current and future periods.

There are no significant judgements or estimates involved in the preparation of the financial statements.

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

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods
have passed to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it
is probable that the economic benefits associated with the transaction will flow to the entity and costs incurred or
to be incurred in respect of the transaction can be measured reliably.

Property, plant and equipment
Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment
losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.

The carrying value of tangible assets are reviewed for impairment when events or changes in circumstances
indicate the carrying value may not be recoverable.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful
lives.

Plant & machinery 25% on reducing balance

The company has adopted the policy of not depreciating the assets in the first year, however full depreciation is
provided in the year of disposal.


Page 3 continued...
ANATOLIAN LIMITED (REGISTERED NUMBER: 09906030)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2018

2. ACCOUNTING POLICIES - continued
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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
statement of financial position 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.

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.

Cash and cash equivalent
Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term
deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid
investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of
changes in value.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible
preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit
or loss.

Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised
in profit and loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
£   
COST
At 1 January 2018
and 31 December 2018 31,839
DEPRECIATION
At 1 January 2018 7,960
Charge for year 5,970
At 31 December 2018 13,930
NET BOOK VALUE
At 31 December 2018 17,909
At 31 December 2017 23,879

Page 4 continued...
ANATOLIAN LIMITED (REGISTERED NUMBER: 09906030)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2018

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 37,718 12,434

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 25,413 25,191
Trade creditors 5,200 3,180
Taxation and social security 5,191 1,429
Other creditors 37,460 7,872
73,264 37,672

7. RELATED PARTY DISCLOSURES

Included in the other debtors less than one year is an amount of £36,851 (2017: £11,904) due from the
connected company under common directorship and shareholding. The loan was interest free and repayable on
demand.

Included in the other creditors less than one year is an amount of £26,450 (2017: £6,450) due to the connected
companies under common directorship and shareholding. Also, included is an amount of £419 (2017: £423) due
to the director of the company. The loans were interest free and repayable on demand.

Page 5