IRIS Accounts Production v18.2.1.62 02039299 director 1.4.17 31.3.18 31.3.18 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure020392992017-03-31020392992018-03-31020392992017-04-012018-03-31020392992016-03-31020392992016-04-012017-03-31020392992017-03-3102039299ns15:EnglandWales2017-04-012018-03-3102039299ns14:PoundSterling2017-04-012018-03-3102039299ns10:Director12017-04-012018-03-3102039299ns10:PrivateLimitedCompanyLtd2017-04-012018-03-3102039299ns10:SmallEntities2017-04-012018-03-3102039299ns10:AuditExemptWithAccountantsReport2017-04-012018-03-3102039299ns10:SmallCompaniesRegimeForDirectorsReport2017-04-012018-03-3102039299ns10:SmallCompaniesRegimeForAccounts2017-04-012018-03-3102039299ns10:FullAccounts2017-04-012018-03-3102039299ns10:CompanySecretary12017-04-012018-03-3102039299ns10:RegisteredOffice2017-04-012018-03-3102039299ns5:CurrentFinancialInstruments2018-03-3102039299ns5:CurrentFinancialInstruments2017-03-3102039299ns5:ShareCapital2018-03-3102039299ns5:ShareCapital2017-03-3102039299ns5:CapitalRedemptionReserve2018-03-3102039299ns5:CapitalRedemptionReserve2017-03-3102039299ns5:RetainedEarningsAccumulatedLosses2018-03-3102039299ns5:RetainedEarningsAccumulatedLosses2017-03-3102039299ns5:FurnitureFittings2017-04-012018-03-3102039299ns5:MotorVehicles2017-04-012018-03-3102039299ns5:ComputerEquipment2017-04-012018-03-3102039299ns5:FurnitureFittings2017-03-3102039299ns5:MotorVehicles2017-03-3102039299ns5:ComputerEquipment2017-03-3102039299ns5:FurnitureFittings2018-03-3102039299ns5:MotorVehicles2018-03-3102039299ns5:ComputerEquipment2018-03-3102039299ns5:FurnitureFittings2017-03-3102039299ns5:MotorVehicles2017-03-3102039299ns5:ComputerEquipment2017-03-3102039299ns5:CostValuation2017-03-3102039299ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-03-3102039299ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-31


REGISTERED NUMBER: 02039299 (England and Wales)










AADVARK HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018






AADVARK HOLDINGS LIMITED (REGISTERED NUMBER: 02039299)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

AADVARK HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTOR: Mr S J Hobbs



SECRETARY: Mr D D Hobbs



REGISTERED OFFICE: 242 Gosport Road
Fareham
Hampshire
PO16 0SS



REGISTERED NUMBER: 02039299 (England and Wales)



ACCOUNTANTS: Rothman Pantall LLP
Chartered Accountants
24 Park Road South
Havant
Hampshire
PO9 1HB



BANKERS: HSBC Bank plc
35 Middle Road
Park Gate
Southampton
Hampshire
SO31 7GH

AADVARK HOLDINGS LIMITED (REGISTERED NUMBER: 02039299)

BALANCE SHEET
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 44,958 55,225
Investments 5 2 2
44,960 55,227

CURRENT ASSETS
Debtors 6 213,243 214,541
Cash at bank and in hand 3,517 14,602
216,760 229,143
CREDITORS
Amounts falling due within one year 7 200,874 194,373
NET CURRENT ASSETS 15,886 34,770
TOTAL ASSETS LESS CURRENT
LIABILITIES

60,846

89,997

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Capital redemption reserve 5,000 5,000
Retained earnings 50,846 79,997
SHAREHOLDERS' FUNDS 60,846 89,997

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 director acknowledges his 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 director on 27 August 2018 and were signed by:





Mr S J Hobbs - Director


AADVARK HOLDINGS LIMITED (REGISTERED NUMBER: 02039299)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018


1. STATUTORY INFORMATION

Aadvark Holdings 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.

The financial statements are presented in Sterling (£) and rounded to the nearest pound (£).

The financial statements relate to Aadvark Holdings Ltd as an individual entity.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party
transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates
The preparation of financial statement requires the use of estimates and assumptions that affect reported
amounts of assets and liabilities at the date of the financial statements, and revenue and expenses during the
reporting period. These estimates and assumptions are based on management's best knowledge of the amount,
event or actions. Actual results may differ from those amounts.

Significant estimates

Depreciation policies are based on the expected useful lives and useful economic lives of the different
categories of assets. The directors have used their experience and knowledge of the business to estimate these
influencing factors.

Management do not consider there to be any significant judgements used in the preparation of these financial
statements.

Revenue recognition
Revenue represents the value of services supplied, excluding value added tax. It is recognised on the date the
services are supplied.

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 - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Tangible fixed assets are included at cost less depreciation and impairment.

The assets' residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if
appropriate.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Financial instruments are recognised in line with Sections 11 and 12 of FRS 102.

Basic financial instruments, such as bank and cash, loans, amounts due to/from group undertakings, trade
receivables and payables are initially recognised at transaction price, unless they constitute a financing
arrangement, when the transaction is measured at the present value of the future receipts/payments discounted
at a market rate of interest. Such instruments are subsequently carried at amortised cost using the effective
interest rate method.

AADVARK HOLDINGS LIMITED (REGISTERED NUMBER: 02039299)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


2. ACCOUNTING POLICIES - continued

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.

Hire purchase and leasing commitments
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their
fair value. The capital element of the future payments is treated as a liability and the interest is charged to the
profit and loss account on a straight line basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2017
and 31 March 2018 51,289 87,087 33,027 171,403
DEPRECIATION
At 1 April 2017 51,031 34,283 30,864 116,178
Charge for year 71 8,664 1,532 10,267
At 31 March 2018 51,102 42,947 32,396 126,445
NET BOOK VALUE
At 31 March 2018 187 44,140 631 44,958
At 31 March 2017 258 52,804 2,163 55,225


AADVARK HOLDINGS LIMITED (REGISTERED NUMBER: 02039299)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2017
and 31 March 2018 2
NET BOOK VALUE
At 31 March 2018 2
At 31 March 2017 2

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 8 -
Other debtors 213,235 214,541
213,243 214,541

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 11,185 13,205
Amounts owed to group undertakings 153,008 142,042
Taxation and social security 5,831 13,336
Other creditors 30,850 25,790
200,874 194,373

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
AADVARK HOLDINGS LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to
file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements
and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Aadvark Holdings Limited for the year ended 31 March 2018 which comprise the Statement of
Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from
information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Aadvark Holdings Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Aadvark Holdings Limited and state those matters that we have agreed to state to the director of Aadvark Holdings Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aadvark Holdings Limited and its director for our work or for this report.

It is your duty to ensure that Aadvark Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Aadvark Holdings Limited. You consider that Aadvark Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Aadvark Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Rothman Pantall LLP
Chartered Accountants
24 Park Road South
Havant
Hampshire
PO9 1HB


28 August 2018