M. Ahari Plant Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07473618 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

M. Ahari Plant Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Majid Ahari

Sima Khanom Lann

REGISTERED OFFICE:

Castle Farm Barn North

Denmead Road

Southwick

Hampshire

PO17 6EX

REGISTERED NUMBER:

07473618 (England and Wales)

ACCOUNTANTS:

KT Accountants Limited

Castle Farm Barn North

Denmead Road

Southwick

Hampshire

PO17 6EX

FIXED ASSETS

Tangible assets

4

3,594

792

CURRENT ASSETS

Debtors

5

173,350

131,450

Cash at bank

52,538

127,083

225,888

258,533

CREDITORS

Amounts falling due within one year

6

163,539

111,003

NET CURRENT ASSETS

62,349

147,530

TOTAL ASSETS LESS CURRENT LIABILITIES

65,943

148,322

PROVISIONS FOR LIABILITIES

620

78

NET ASSETS

65,323

148,244

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

64,323

147,244

SHAREHOLDERS' FUNDS

65,323

148,244

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 18 December 2018 and were signed on its behalf by:

Majid Ahari - Director

1.	STATUTORY INFORMATION

M. Ahari Plant 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.

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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the

balance sheet. Those held under hire purchase contracts are depreciated over their

estimated useful lives. Those held under finance leases are depreciated over their

estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period.

The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over

the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2017 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2017

1,805

-

1,805

Additions

-

4,000

4,000

At 31 March 2018

1,805

4,000

5,805

DEPRECIATION

At 1 April 2017

1,013

-

1,013

Charge for year

198

1,000

1,198

At 31 March 2018

1,211

1,000

2,211

NET BOOK VALUE

At 31 March 2018

594

3,000

3,594

At 31 March 2017

792

-

792

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Amounts recoverable on contract

144,775

119,371

Other debtors

28,575

12,079

173,350

131,450

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

122,613

75,450

Taxation and social security

37,170

32,633

Other creditors

3,756

2,920

163,539

111,003

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.18

31.3.17

value:

£

£

1,000

Ordinary

£1

1,000

1,000

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended

31 March 2018 and 31 March 2017:

31.3.18

31.3.17

£

£

Majid Ahari

Balance outstanding at start of year

9,567

(1,367

)

Amounts advanced

-

24,183

Amounts repaid

(2,514

)

(13,249

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,053

9,567

Included in debtors is an amount due from the director of £7,053 (2017 - £9,567). This loan

is interest free, undated, unsecured and repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Majid Ahari.