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

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

AZTOV LIMITED - Company Information

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REGISTERED NUMBER: 06467233 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 September 2019

for

Aztov Limited
Aztov Limited (Registered number: 06467233)






Contents of the Financial Statements
for the Year Ended 30 September 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Aztov Limited

Company Information
for the Year Ended 30 September 2019







DIRECTORS: M Katz
N Katz





REGISTERED OFFICE: Suite 203, Second Floor
China House
401 Edgware Road
London
NW2 6GY





REGISTERED NUMBER: 06467233 (England and Wales)





ACCOUNTANTS: Town & Forest
Chartered Accountants
Suite 203, Second Floor
China House
401 Edgware Road
London
NW2 6GY
Page 1
Aztov Limited (Registered number: 06467233)

Balance Sheet
30 September 2019

30.9.19 30.9.18
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,630 7,882
Tangible assets 5 6,732 5,859
12,362 13,741

CURRENT ASSETS
Debtors 6 19,930 57,700
Cash at bank 116,237 49,135
136,167 106,835
CREDITORS
Amounts falling due within one year 7 29,977 4,411
NET CURRENT ASSETS 106,190 102,424
TOTAL ASSETS LESS CURRENT
LIABILITIES
118,552
116,165

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 117,552 115,165
SHAREHOLDERS' FUNDS 118,552 116,165

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 19 June 2020 and were
signed on its behalf by:




M Katz - Director


The notes form part of these financial statements

Page 2
Aztov Limited (Registered number: 06467233)

Notes to the Financial Statements
for the Year Ended 30 September 2019

1. STATUTORY INFORMATION

Aztov 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, and in accordance with the accounting policies set out below.

Turnover
Turnover represents net invoiced sales of goods or services excluding value added tax. Turnover is recognised
when the goods are delivered or the service is performed to the extent that it is probable that economic benefits
will flow into the company.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

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 - 25% on reducing balance
Computer equipment - 33% on reducing balance

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Page 3 continued...
Aztov Limited (Registered number: 06467233)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2019

2. ACCOUNTING POLICIES - continued

Trade debtors
Trade debtors are carried at original net invoice amount less an estimate for doubtful debtors. Bad debts are
written off when identified. Specific provisions are made against debts whose recovery is considered doubtful.

Provisions and accruals
Provisions are recognised when there is a present legal or constructive obligation as a result of past events and
the amount can be reliably estimated. Provisions are not recognised for future operating losses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2018
and 30 September 2019 22,519
AMORTISATION
At 1 October 2018 14,637
Charge for year 2,252
At 30 September 2019 16,889
NET BOOK VALUE
At 30 September 2019 5,630
At 30 September 2018 7,882

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 October 2018 15,000 11,441 26,441
Additions - 2,706 2,706
At 30 September 2019 15,000 14,147 29,147
DEPRECIATION
At 1 October 2018 12,664 7,918 20,582
Charge for year 584 1,249 1,833
At 30 September 2019 13,248 9,167 22,415
NET BOOK VALUE
At 30 September 2019 1,752 4,980 6,732
At 30 September 2018 2,336 3,523 5,859

Page 4 continued...
Aztov Limited (Registered number: 06467233)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2019

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.19 30.9.18
£    £   
Trade debtors 16,320 -
Amounts owed by associates 3,610 293
Directors' current accounts - 49,299
Tax - 8,108
19,930 57,700

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.19 30.9.18
£    £   
Trade creditors 2,783 2,278
Tax 4,449 -
Social security and other taxes 1,489 230
VAT 21,113 1,890
Other creditors 12 13
Directors' current accounts 131 -
29,977 4,411

Page 5