Aidar Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 08700674 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2017

FOR

AIDAR LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Kunbayev

REGISTERED OFFICE:

Swatton Barn

Badbury

Swindon

Wiltshire

SN4 0EU

REGISTERED NUMBER:

08700674 (England and Wales)

ACCOUNTANTS:

d&t

Chartered Accountants

Swatton Barn

Badbury

Swindon

Wiltshire

SN4 0EU

FIXED ASSETS

Intangible assets

4

2,667

4,667

Tangible assets

5

79,685

115,844

82,352

120,511

CURRENT ASSETS

Stocks

2,000

2,000

Debtors

6

50,985

53,658

Cash at bank and in hand

9,373

8,816

62,358

64,474

CREDITORS

Amounts falling due within one year

7

38,756

41,387

NET CURRENT ASSETS

23,602

23,087

TOTAL ASSETS LESS CURRENT LIABILITIES

105,954

143,598

CREDITORS

Amounts falling due after more than one year

8

(532,963

)

(462,496

)

PROVISIONS FOR LIABILITIES

(15,140

)

(23,169

)

NET LIABILITIES

(442,149

)

(342,067

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10

(442,249

)

(342,167

)

SHAREHOLDERS' FUNDS

(442,149

)

(342,067

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 June 2018 and were signed by:

A Kunbayev - Director

1.	STATUTORY INFORMATION

Aidar Limited 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.

The directors has assessed the company's future projections and cash flow forecasts and believe that

the going concern basis of preparation remains appropriate.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are

measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise fees are being amortised evenly over their 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.

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.

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 7 .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 October 2016

and 30 September 2017

10,000

AMORTISATION

At 1 October 2016

5,333

Charge for year

2,000

At 30 September 2017

7,333

NET BOOK VALUE

At 30 September 2017

2,667

At 30 September 2016

4,667

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2016

203,669

Additions

12,169

Disposals

(2,912

)

At 30 September 2017

212,926

DEPRECIATION

At 1 October 2016

87,825

Charge for year

46,204

Eliminated on disposal

(788

)

At 30 September 2017

133,241

NET BOOK VALUE

At 30 September 2017

79,685

At 30 September 2016

115,844

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

50,985

53,658

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

34,813

37,455

Taxation and social security

2,821

666

Other creditors

1,122

3,266

38,756

41,387

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Other creditors

532,963

462,496

9.	LEASING AGREEMENTS

At 30th September 2017, the company had total commitments under non-cancellable operating leases

over the remaining life of those leases of £105,000 (2016: £165,000).

10.

RESERVES

Retained

earnings

£

At 1 October 2016

(342,167

)

Deficit for the year

(100,082

)

At 30 September 2017

(442,249

)

11.	GOING CONCERN

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 a going concern.