A1 Luxury Enterprises Ltd - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 09423553 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

A1 Luxury Enterprises Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B Gjuzi

REGISTERED OFFICE:

The Business Centre

Cardiff House

Cardiff Road

Barry

Vale of Glamorgan

CF63 2AW

REGISTERED NUMBER:

09423553 (England and Wales)

ACCOUNTANTS:

JK Accountancy

The Business Centre

Cardiff Road

Barry

CF63 2AW

FIXED ASSETS

Tangible assets

4

14,059

14,059

CURRENT ASSETS

Stocks

4,500

5,000

Debtors

-

106

Cash at bank and in hand

8,642

1,857

13,142

6,963

CREDITORS

Amounts falling due within one year

27,093

20,653

NET CURRENT LIABILITIES

(13,951

)

(13,690

)

TOTAL ASSETS LESS CURRENT LIABILITIES

108

369

CAPITAL AND RESERVES

Called up share capital

5

1

-

Retained earnings

107

369

SHAREHOLDERS' FUNDS

108

369

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 22 May 2017 and were signed by:

B Gjuzi - Director

1.	STATUTORY INFORMATION

A1 Luxury Enterprises 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.

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.

Turnover

Turnover 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% on cost

Stocks

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

slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2016

and 31 March 2017

14,059

NET BOOK VALUE

At 31 March 2017

14,059

At 31 March 2016

14,059

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

1

Ordinary

£1

1

-

1 Ordinary share of £1 was allotted and fully paid for cash at par during the year.

6.	ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of the director Berti Gjuzi, who owns 100% of the share capital.