AYA1627 Ltd - Accounts to registrar (filleted) - small 18.2

AYA1627 Ltd - Accounts to registrar (filleted) - small 18.2

AYA1627 LTD - Company Information

Print Friendly Version

IRIS Accounts Production v22.1.0.628 12351454 director 1.1.21 31.12.21 31.12.21 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure123514542020-12-31123514542021-12-31123514542021-01-012021-12-31123514542019-12-05123514542019-12-062020-12-31123514542020-12-3112351454ns16:EnglandWales2021-01-012021-12-3112351454ns15:PoundSterling2021-01-012021-12-3112351454ns11:Director12021-01-012021-12-3112351454ns11:PrivateLimitedCompanyLtd2021-01-012021-12-3112351454ns11:SmallEntities2021-01-012021-12-3112351454ns11:AuditExempt-NoAccountantsReport2021-01-012021-12-3112351454ns11:SmallCompaniesRegimeForDirectorsReport2021-01-012021-12-3112351454ns11:SmallCompaniesRegimeForAccounts2021-01-012021-12-3112351454ns11:FullAccounts2021-01-012021-12-3112351454ns11:RegisteredOffice2021-01-012021-12-3112351454ns6:CurrentFinancialInstruments2021-12-3112351454ns6:CurrentFinancialInstruments2020-12-3112351454ns6:Non-currentFinancialInstruments2021-12-3112351454ns6:Non-currentFinancialInstruments2020-12-3112351454ns6:ShareCapital2021-12-3112351454ns6:ShareCapital2020-12-3112351454ns6:RetainedEarningsAccumulatedLosses2021-12-3112351454ns6:RetainedEarningsAccumulatedLosses2020-12-3112351454ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-3112351454ns6:WithinOneYearns6:CurrentFinancialInstruments2020-12-3112351454ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2021-12-3112351454ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2020-12-3112351454ns6:BetweenTwoFiveYearsns6:Non-currentFinancialInstruments2021-12-3112351454ns6:BetweenTwoFiveYearsns6:Non-currentFinancialInstruments2020-12-31
REGISTERED NUMBER: 12351454 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

AYA1627 LTD
AYA1627 LTD (REGISTERED NUMBER: 12351454)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 DECEMBER 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AYA1627 LTD

COMPANY INFORMATION
For The Year Ended 31 DECEMBER 2021







DIRECTOR: Mrs N Ali





REGISTERED OFFICE: 1 Kings Avenue
London
N21 3NA





REGISTERED NUMBER: 12351454 (England and Wales)





ACCOUNTANTS: AGK Partners
Chartered Accountants
1 Kings Avenue
London
N21 3NA
Page 1
AYA1627 LTD (REGISTERED NUMBER: 12351454)

BALANCE SHEET
31 DECEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 402,132 402,132

CURRENT ASSETS
Debtors 5 46,800 48,050
Cash at bank and in hand 2,848 2,342
49,648 50,392
CREDITORS
Amounts falling due within one year 6 118,990 117,048
NET CURRENT LIABILITIES (69,342 ) (66,656 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
332,790
335,476

CREDITORS
Amounts falling due after more than one
year
7
334,101
344,310
NET LIABILITIES (1,311 ) (8,834 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (1,411 ) (8,934 )
(1,311 ) (8,834 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 30 September 2022 and were signed by:





Mrs N Ali - Director


The notes form part of these financial statements

Page 2
AYA1627 LTD (REGISTERED NUMBER: 12351454)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 DECEMBER 2021

1. STATUTORY INFORMATION

AYA1627 Ltd 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 going concern basis as the directors are satisfied that the company will have adequate resources to meet its liabilities to third parties as they fall due.

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 considered to be 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable services rendered, stated net of discounts and of Value Added Tax

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Basic financial assets and liabilities, which include debtors, creditors, cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

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.

Page 3 continued...
AYA1627 LTD (REGISTERED NUMBER: 12351454)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 DECEMBER 2021

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2021
and 31 December 2021 402,132
NET BOOK VALUE
At 31 December 2021 402,132
At 31 December 2020 402,132

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Amounts owed by connected companies 46,800 46,300
Other debtors - 1,750
46,800 48,050

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 10,001 5,625
Amounts owed to connected companies 105,900 105,000
Other creditors - 1,750
Directors' current accounts 502 3,822
Accrued expenses 2,587 851
118,990 117,048

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2021 2020
£    £   
Bank loans - 1-2 years 10,000 11,250
Bank loans - 2-5 years 324,101 333,060
334,101 344,310

8. RELATED PARTY DISCLOSURES

Included in debtors, amounts falling due within one year, is an amount of £46,800 (£46,300 in 2020) due from a related company. The company is connected by virtue of having common director.

Included in creditors, amounts falling due within one year, is an amount of £105,900 (£105,000 in 2020) owed to a related company. The company is connected by virtue of having common director.

Page 4