Emesa Trading Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09955669 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2018

for

Emesa Trading Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

Mohammad F Hosami

Mohammed K Hussam El-Din

Registered office:

Marshall House

124 Middleton Road

Morden

SM4 6RW

Registered number:

09955669 (England and Wales)

Accountants:

KAMP Accountants Limited

Marhsall House, Suite 21/25

124 Middleton Road

Morden

Surrey

SM4 6RW

Fixed assets

Tangible assets

4

45,444

53,463

Current assets

Stocks

35,000

25,000

Debtors

5

6,087

5,000

Cash at bank

2,611

3,112

43,698

33,112

Creditors

Amounts falling due within one year

6

(106,667

)

(105,921

)

Net current liabilities

(62,969

)

(72,809

)

Total assets less current liabilities

(17,525

)

(19,346

)

Capital and reserves

Called up share capital

100

100

Retained earnings

(17,625

)

(19,446

)

Shareholders' funds

(17,525

)

(19,346

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 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 October 2018 and were signed on its behalf by:

Mohammad F Hosami - Director

Mohammed K Hussam El-Din - Director

1.	Statutory information

Emesa Trading 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.

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.

3.	Employees and directors

The average number of employees during the year was 4 (2017 - 3 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 February 2017

and 31 January 2018

62,898

Depreciation

At 1 February 2017

9,435

Charge for year

8,019

At 31 January 2018

17,454

Net book value

At 31 January 2018

45,444

At 31 January 2017

53,463

5.

Debtors: amounts falling due within one year

31.1.18

31.1.17

£

£

Trade debtors

1,087

-

Other debtors

5,000

5,000

6,087

5,000

6.

Creditors: amounts falling due within one year

31.1.18

31.1.17

£

£

Trade creditors

106,667

105,921