Aidar Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08700674 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

AIDAR LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A Kunbayev

REGISTERED OFFICE:

Swatton Barn

Badbury

Swindon

Wiltshire

SN4 0EU

REGISTERED NUMBER:

08700674 (England and Wales)

ACCOUNTANTS:

Dennis & Turnbull

Chartered Accountants

Swatton Barn

Badbury

Swindon

Wiltshire

SN4 0EU

FIXED ASSETS

Intangible assets

2

4,667

6,667

Tangible assets

3

115,844

145,302

120,511

151,969

CURRENT ASSETS

Stocks

2,000

3,000

Debtors

53,658

51,795

Cash at bank and in hand

8,816

4,878

64,474

59,673

CREDITORS

Amounts falling due within one year

41,387

31,204

NET CURRENT ASSETS

23,087

28,469

TOTAL ASSETS LESS CURRENT
LIABILITIES

143,598

180,438

CREDITORS

Amounts falling due after more than one
year

(462,496

)

(373,288

)

PROVISIONS FOR LIABILITIES

(23,169

)

(29,060

)

NET LIABILITIES

(342,067

)

(221,910

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

(342,167

)

(222,010

)

SHAREHOLDERS' FUNDS

(342,067

)

(221,910

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 24 April 2017 and were signed by:

A Kunbayev - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five 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 etc

-

25% straight line basis and 20% straight line basis

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

10,000

AMORTISATION

At 1 October 2015

3,333

Amortisation for year

2,000

At 30 September 2016

5,333

NET BOOK VALUE

At 30 September 2016

4,667

At 30 September 2015

6,667

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

192,130

Additions

11,539

At 30 September 2016

203,669

DEPRECIATION

At 1 October 2015

46,828

Charge for year

40,997

At 30 September 2016

87,825

NET BOOK VALUE

At 30 September 2016

115,844

At 30 September 2015

145,302

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

5.	GOING CONCERN

The company has continued to rely on funds from the director. Projections indicate that further

investment could be required for the foreseeable future. The company and the director are committed

to finding a viable solution to support the company's trading in the future, and on that basis the

company is considered to be a going concern.