Aidar Limited

Aidar Limited

AIDAR LIMITED - Company Information

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Company Registration No. 08700674 (England and Wales)
Aidar Limited Unaudited accounts for the year ended 30 September 2020
Aidar Limited Unaudited accounts Contents
Page
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Aidar Limited Company Information for the year ended 30 September 2020
Directors
Hamideh Hashemi Sheida Hassanlou
Company Number
08700674 (England and Wales)
Registered Office
382 CHISWICK HIGH ROAD CHISWICK LONDON W4 5TF ENGLAND
Accountants
HBS Accountancy Limited 20 Silvercliffe Gardens New Barnet Herts EN4 9QT
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Aidar Limited Statement of financial position as at 30 September 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
18,227 
7,737 
Current assets
Inventories
2,000 
2,000 
Debtors
5
41,631 
52,921 
Cash at bank and in hand
74,157 
25,081 
117,788 
80,002 
Creditors: amounts falling due within one year
6
(699,503)
(619,003)
Net current liabilities
(581,715)
(539,001)
Total assets less current liabilities
(563,488)
(531,264)
Provisions for liabilities
Deferred tax
7
(1,470)
(1,470)
Net liabilities
(564,958)
(532,734)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(565,058)
(532,834)
Shareholders' funds
(564,958)
(532,734)
For the year ending 30 September 2020 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2021 and were signed on its behalf by
Sheida Hassanlou Director Company Registration No. 08700674
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Aidar Limited Notes to the Accounts for the year ended 30 September 2020
1
Statutory information
Aidar Limited is a private company, limited by shares, registered in England and Wales, registration number 08700674. The registered office is 382 CHISWICK HIGH ROAD, CHISWICK, LONDON, W4 5TF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The directors continue to support the company and, on that basis, the company is considered a going concern.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% Straight line
Plant & machinery
20% Straight line
Fixtures & fittings
25% on written down value
Computer equipment
25% on written down value
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 October 2019
152,071 
13,219 
45,778 
4,742 
215,810 
Additions
- 
- 
19,153 
- 
19,153 
At 30 September 2020
152,071 
13,219 
64,931 
4,742 
234,963 
Depreciation
At 1 October 2019
150,808 
11,895 
42,630 
2,740 
208,073 
Charge for the year
1,263 
1,324 
5,575 
501 
8,663 
At 30 September 2020
152,071 
13,219 
48,205 
3,241 
216,736 
Net book value
At 30 September 2020
- 
- 
16,726 
1,501 
18,227 
At 30 September 2019
1,263 
1,324 
3,148 
2,002 
7,737 
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Aidar Limited Notes to the Accounts for the year ended 30 September 2020
5
Debtors
2020 
2019 
£ 
£ 
Less than one year
VAT
5,339 
- 
Trade debtors
292 
- 
Accrued income and prepayments
- 
15,600 
Other debtors
36,000 
37,321 
Total debtors less than one year
41,631 
52,921 
Greater than one year
Total debtors
41,631 
52,921 
6
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Bank loans and overdrafts
50,000 
- 
VAT
- 
3,500 
Trade creditors
3,000 
26,469 
Taxes and social security
1,313 
- 
Other creditors
6,688 
- 
Loans from directors
636,651 
587,775 
Accruals
1,851 
1,259 
699,503 
619,003 
7
Deferred taxation
2020 
2019 
£ 
£ 
Accelerated capital allowances
1,470 
1,470 
2020 
2019 
£ 
£ 
Provision at start of year
1,470 
1,470 
Provision at end of year
1,470 
1,470 
8
Transactions with related parties
Included with other creditors at 30 September 2020 is £636,651 (2019 £587,775) being the amount owed to the directors. No interest is being charged on the loan.
9
Average number of employees
During the year the average number of employees was 7 (2019: 7).
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