Austin Holdings Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09913321

Financial Statements for the Year Ended 31 March 2018

for

Austin Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Miss S Bard

M Krantz

SECRETARY:

Mornington Secretaries Limited

REGISTERED OFFICE:

The Roma Building

32/38 Scrutton Street

London

EC2A 4RQ

REGISTERED NUMBER:

09913321

Fixed assets

Investments

4

1

1

Current assets

Debtors

5

4,018,244

4,339,516

Cash at bank

1,688,602

1,111,268

5,706,846

5,450,784

Creditors

Amounts falling due within one year

6

4,666,528

5,024,288

Net current assets

1,040,318

426,496

Total assets less current liabilities

1,040,319

426,497

Capital and reserves

Called up share capital

7

2

2

Retained earnings

1,040,317

426,495

Shareholders' funds

1,040,319

426,497

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 13 December 2018 and were signed on its behalf by:

M Krantz - Director

1.	Statutory information

Austin Holdings Limited is a private company, limited by shares , registered in Not specified/Other. 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

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

rebates, value added tax and other sales taxes.

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 - 4 ) .

4.	Fixed asset investments

Other

investments

£

Cost

At 1 April 2017

and 31 March 2018

1

Net book value

At 31 March 2018

1

At 31 March 2017

1

5.

Debtors: amounts falling due within one year

2018

2017

£

£

Trade debtors

2,741

2,366

Other debtors

4,015,503

4,337,150

4,018,244

4,339,516

6.

Creditors: amounts falling due within one year

2018

2017

£

£

Trade creditors

171,827

158

Taxation and social security

70,210

248,854

Other creditors

4,424,491

4,775,276

4,666,528

5,024,288

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

2

Ordinary

£1

2

2