Anand Vivek Josan Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07576091 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2019

for

Anand Vivek Josan Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr V A Josan

Mrs K Dang

REGISTERED OFFICE:

49 Peter Street

Manchester

M2 3NG

BUSINESS ADDRESS:

293 Brooklands Road

Manchester

M23 9HE

REGISTERED NUMBER:

07576091 (England and Wales)

ACCOUNTANTS:

Veritas Accountants & Advisory Limited

49 Peter Street

Manchester

M2 3NG

FIXED ASSETS

Tangible assets

4

992

798

CURRENT ASSETS

Debtors

5

8,551

6,933

Investments

6

160,000

-

Cash at bank

12,735

137,363

181,286

144,296

CREDITORS

Amounts falling due within one year

7

(32,982

)

(36,781

)

NET CURRENT ASSETS

148,304

107,515

TOTAL ASSETS LESS CURRENT LIABILITIES

149,296

108,313

PROVISIONS FOR LIABILITIES

(188

)

(152

)

NET ASSETS

149,108

108,161

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

149,008

108,061

SHAREHOLDERS' FUNDS

149,108

108,161

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 2 September 2019 and were signed on its behalf by:

Dr V A Josan - Director

1.	STATUTORY INFORMATION

Anand Vivek Josan 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.

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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make

judgements, estimates and assumptions about the carrying amount of assets and liabilities

that are not readily apparent from other sources. The estimates and associated assumptions

are based on historical experience and other factors that are considered to be relevant.

Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to

accounting estimates are recognised in the period in which the estimate is revised where the

revision affects only that period, or in the period of the revision and future periods where the

revision affects both current and future periods.

There have been no critical judgements, estimates or assumptions made in the preparation

of these financial statements.

Turnover

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

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

Revenue from the provision of professional services is recognised on delivery of the service.

Tangible fixed assets

Tangible Fixed assets are initially measured at cost and subsequently measured at cost or

valuation, net of depreciation and any impairment loss.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual

values over their useful lives on the following basis:

Fixtures and Fittings - 25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between

the sale proceeds and the carrying value of the asset, and is credited or charged to the profit

or loss.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

Investments

Short term investments represent bonds and are recorded at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2018 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2018

3,913

Additions

793

Disposals

(2,305

)

At 31 March 2019

2,401

DEPRECIATION

At 1 April 2018

3,115

Charge for year

599

Eliminated on disposal

(2,305

)

At 31 March 2019

1,409

NET BOOK VALUE

At 31 March 2019

992

At 31 March 2018

798

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Prepayments and accrued income

8,551

6,933

6.	CURRENT ASSET INVESTMENTS

2019

2018

£

£

Other investments

160,000

-

The short term investments represent bonds with various banks. Interest is paid on maturity

of these investments.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Corporation tax payable

17,778

21,615

PAYE creditor

354

-

Salaries creditor

1,404

-

Directors' current accounts

11,163

12,750

Accrued expenses

2,283

2,416

32,982

36,781

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

60

Ordinary A

£1

60

60

40

Ordinary B

£1

40

40

100

100

The Ordinary A shares rank equally in terms of voting rights, rights to participate in all

dividend distributions and rights to participate in any capital distribution on winding up.

The Ordinary B shares do not hold any voting rights and dividend rights are at the discretion

of the Ordinary A shareholders.

All shares rank pari passu in respect of capital and dividend distribution rights.

9.

CONTROL

The ultimate controlling party is Dr V A Josan.