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

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

AZTOV LIMITED - Company Information

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REGISTERED NUMBER: 06467233 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 September 2017

for

Aztov Limited
Aztov Limited (Registered number: 06467233)






Contents of the Financial Statements
for the Year Ended 30 September 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Aztov Limited

Company Information
for the Year Ended 30 September 2017







DIRECTORS: Mr Maurice Katz
Mrs Natalie Katz





REGISTERED OFFICE: Suite 203, 2nd Floor
China House
401 Edgware Road
London
NW2 6GY





REGISTERED NUMBER: 06467233 (England and Wales)





ACCOUNTANTS: CAAS
Chartered Accountants
Suite 203, 2nd Floor
China House
401 Edgware Road
London
NW2 6GY
Page 1
Aztov Limited (Registered number: 06467233)

Balance Sheet
30 September 2017

30.9.17 30.9.16
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,134 12,386
Tangible assets 5 8,058 6,646
18,192 19,032

CURRENT ASSETS
Debtors 6 60,778 57,862
Cash at bank 168,245 302,860
229,023 360,722
CREDITORS
Amounts falling due within one year 7 31,369 223,366
NET CURRENT ASSETS 197,654 137,356
TOTAL ASSETS LESS CURRENT
LIABILITIES
215,846
156,388

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 214,846 155,388
SHAREHOLDERS' FUNDS 215,846 156,388

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 directors acknowledge their 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 Board of Directors on 27 June 2018 and were signed on its behalf by:





Mr Maurice Katz - Director


The notes form part of these financial statements

Page 2
Aztov Limited (Registered number: 06467233)

Notes to the Financial Statements
for the Year Ended 30 September 2017

1. STATUTORY INFORMATION

Aztov 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.

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 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, and in accordance with the accounting policies set out below.

These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1
October 2015.

No transitional adjustments were required in equity or profit and loss for the year.

Changes in accounting policies
There have been no changes in accounting policies as a result of the transition to FRS 102.

Turnover
Turnover represents net invoiced sales of goods/services excluding value added tax. Revenue is recognised when
the goods are delivered or the service is performed to the extent that it is probable that economic benefits will
flow into the company.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten 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 - 25% on reducing balance
Computer equipment - 33% 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.

Page 3 continued...
Aztov Limited (Registered number: 06467233)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2017

2. ACCOUNTING POLICIES - continued

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Trade debtors
Trade debtors are carried at original net invoice amount less an estimate for doubtful debtors. Bad debts are
written off when identified. Specific provisions are made against debts whose recovery is considered doubtful.

Provisions and accruals
Provisions are recognised when there is a present legal or constructive obligation as a result of past events and
the amount can be reliably estimated. Provisions are not recognised for future operating losses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2016
and 30 September 2017 22,519
AMORTISATION
At 1 October 2016 10,133
Charge for year 2,252
At 30 September 2017 12,385
NET BOOK VALUE
At 30 September 2017 10,134
At 30 September 2016 12,386

Page 4 continued...
Aztov Limited (Registered number: 06467233)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2017

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 October 2016 15,000 7,676 22,676
Additions - 4,165 4,165
At 30 September 2017 15,000 11,841 26,841
DEPRECIATION
At 1 October 2016 10,847 5,183 16,030
Charge for year 1,038 1,715 2,753
At 30 September 2017 11,885 6,898 18,783
NET BOOK VALUE
At 30 September 2017 3,115 4,943 8,058
At 30 September 2016 4,153 2,493 6,646

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Trade debtors 5,121 2,862
Amounts owed by associates 100 -
Other debtors - 5,000
Directors' current accounts 49,522 50,000
VAT 6,035 -
60,778 57,862

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.17 30.9.16
£    £   
Trade creditors 6,045 4,812
Tax 24,249 4,178
Social security and other taxes 64 -
VAT - 13,207
Other creditors 1,011 135
Accruals and deferred income - 201,034
31,369 223,366

Page 5