ARWAS & ASSOCIATES LIMITED - Accounts to registrar

REGISTERED NUMBER: 06221731 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

ARWAS & ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P R Arwas

Ms N A Maitlis

SECRETARY:

Ms N A Maitlis

REGISTERED OFFICE:

57 Pottery Lane

London

W11 4LY

REGISTERED NUMBER:

06221731 (England and Wales)

ACCOUNTANTS:

CH London Limited

Alexander House

21 Station Approach

VIRGINIA WATER

Surrey

GU25 4DW

FIXED ASSETS

Tangible assets

4

1

CURRENT ASSETS

Debtors

5

8,314

3,626

Cash at bank

127,537

128,325

135,851

131,951

CREDITORS

Amounts falling due within one year

6

30,778

35,850

NET CURRENT ASSETS

105,073

96,101

TOTAL ASSETS LESS CURRENT LIABILITIES

105,074

96,102

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

104,974

96,002

SHAREHOLDERS' FUNDS

105,074

96,102

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 28 December 2017 and were signed on its behalf by:

P R Arwas - Director

Ms N A Maitlis - Director

1.	STATUTORY INFORMATION

ARWAS & ASSOCIATES 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.

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.

Plant and machinery etc

-

25% on cost

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 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

and 31 March 2017

3,257

DEPRECIATION

At 1 April 2016

and 31 March 2017

3,256

NET BOOK VALUE

At 31 March 2017

1

At 31 March 2016

1

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

Trade debtors

8,314

3,626

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

Trade creditors

-

2,085

Taxation and social security

27,968

30,955

Other creditors

2,810

30,778

35,850

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

100

Ord

£1

100

ARWAS & ASSOCIATES LIMITED - Accounts to registrar - small 17.2

ARWAS & ASSOCIATES LIMITED - Accounts to registrar - small 17.2