AA-Optix Limited

Contents
	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—5

Registered number: 07175291

		2017		2016
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		266		324

			266		324
CURRENT ASSETS
Debtors	6	1,815		2,047
Cash at bank and in hand		47,264		39,084

		49,079		41,131
Creditors: Amounts Falling Due Within One Year	7	(42,775 )		(26,997 )

NET CURRENT ASSETS (LIABILITIES)			6,304		14,134

TOTAL ASSETS LESS CURRENT LIABILITIES			6,570		14,458

NET ASSETS			6,570		14,458

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and loss account			6,569		14,457

SHAREHOLDERS' FUNDS			6,570		14,458

Page 1

AA-Optix Limited

Balance Sheet (continued)

As at 31 March 2017

For the year ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account

On behalf of the board

Mr Asif Akhtar

15th December 2017

	Share Capital	Profit & Loss Account	Total
	£	£	£
As at 1 April 2015	1	18,630	18,631
Profit for the year and total comprehensive income	-	24,327	24,327

Dividends paid	-	(28,500)	(28,500)

As at 31 March 2016 and 1 April 2016	1	14,457	14,458


Profit for the year and total comprehensive income	-	25,612	25,612

Dividends paid	-	(33,500)	(33,500)

As at 31 March 2017	1	6,569	6,570

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% Written down value

1.4. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

5. Tangible Assets


	Fixtures & Fittings
	£
Cost
As at 1 April 2016	1,500

As at 31 March 2017	1,500

Depreciation
As at 1 April 2016	1,176
Provided during the period	58

As at 31 March 2017	1,234

Net Book Value
As at 31 March 2017	266

As at 1 April 2016	324

6. Debtors

	2017	2016
	£	£
Due within one year
Trade debtors	1,815	2,047

	1,815	2,047

Page 4

AA-Optix Limited

Notes to the Unaudited Accounts (continued)

For The Year Ended 31 March 2017

7. Creditors: Amounts Falling Due Within One Year

	2017	2016
	£	£
Corporation tax	6,398	6,085
Other taxes and social security	496	646
Net wages	465	-
Dividends payable	33,500	8,500
Director's loan account	1,916	11,766

	42,775	26,997

8. Share Capital

	Value	Number	2017	2016
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	1	1	1

9. Transactions With and Loans to Directors

Dividends paid to directors

10. Dividends

	2017	2016
	£	£
On equity shares:
Final dividend paid	33,500	28,500

	33,500	28,500

11. Ultimate Controlling Party

The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.

12. General Information

AA-Optix Limited Registered number 07175291 is a limited by shares company incorporated in England & Wales. The Registered Office is 44 Deane Avenue, Bolton, BL3 5QN.