AE ENTERPRISE (UK 1) LIMITED - Accounts to registrar (filleted) - small 18.2
AE ENTERPRISE (UK 1) LIMITED - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 31st August 2021 |
| for |
| AE ENTERPRISE (UK 1) LIMITED |
| AE ENTERPRISE (UK 1) LIMITED (Registered number: 10927138) |
| Contents of the Financial Statements |
| for the Year Ended 31st August 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| AE ENTERPRISE (UK 1) LIMITED |
| Company Information |
| for the Year Ended 31st August 2021 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANT: |
| 732 Walsall Road |
| Great Barr |
| Birmingham |
| West Midlands |
| B42 1EX |
| AE ENTERPRISE (UK 1) LIMITED (Registered number: 10927138) |
| Balance Sheet |
| 31st August 2021 |
| 31.8.21 | 31.8.20 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Property, plant and equipment | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings | 10 |
| SHAREHOLDERS' FUNDS |
| 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. |
| AE ENTERPRISE (UK 1) LIMITED (Registered number: 10927138) |
| Balance Sheet - continued |
| 31st August 2021 |
| 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 and authorised for issue on |
| AE ENTERPRISE (UK 1) LIMITED (Registered number: 10927138) |
| Notes to the Financial Statements |
| for the Year Ended 31st August 2021 |
| 1. | STATUTORY INFORMATION |
| AE ENTERPRISE (UK 1) LIMITED is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Revenue 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 |
| Fixtures and fittings 15% pa on reducing balance |
| Motor vehicle 25% pa on reducing balance |
| Computer 15% pa 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| AE ENTERPRISE (UK 1) LIMITED (Registered number: 10927138) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st August 2021 |
| 4. | PROPERTY, PLANT AND EQUIPMENT |
| Fixtures |
| and | Motor | Computer |
| fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st September 2020 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31st August 2021 |
| DEPRECIATION |
| At 1st September 2020 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31st August 2021 |
| NET BOOK VALUE |
| At 31st August 2021 |
| At 31st August 2020 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.21 | 31.8.20 |
| £ | £ |
| Trade debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.8.21 | 31.8.20 |
| £ | £ |
| Tax |
| Directors' current accounts | 13,319 | 24,123 |
| Accrued expenses |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.8.21 | 31.8.20 |
| £ | £ |
| Other loans (see note 8) |
| AE ENTERPRISE (UK 1) LIMITED (Registered number: 10927138) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31st August 2021 |
| 8. | LOANS |
| An analysis of the maturity of loans is given below: |
| 31.8.21 | 31.8.20 |
| £ | £ |
| Amounts falling due between one and two years: |
| Bouncing Back loan | 12,086 |
| Amounts falling due between two and five years: |
| Hire purchase |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.8.21 | 31.8.20 |
| value: | £ | £ |
| ORDINARY SHARE CAPITAL | £1 | 100 | 100 |
| 10. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1st September 2020 |
| Profit for the year |
| Dividends | ( |
) |
| At 31st August 2021 |