REGISTERED NUMBER: 08841290 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2018

FOR

AFLAH AND CO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

MRS F KHAN

S HAFEEZ

SECRETARY:

MRS F KHAN

REGISTERED OFFICE:

12 BUCKLER PLACE

LITTLEMORE

OXFORD

OXON

OX4 4ST

REGISTERED NUMBER:

08841290 (England and Wales)

ACCOUNTANT:

COLIN HESSEY FAIA MAAT

UNIT 4, VIEWS FARM BARNS

WINDMILL HILL

GREAT MILTON

THAME

OXFORDSHIRE

OX44 7NW

FIXED ASSETS

Tangible assets

4

4,264

3,732

CURRENT ASSETS

Debtors

5

3,522

3,207

Cash at bank

7,378

31,178

10,900

34,385

CREDITORS

Amounts falling due within one year

6

9,083

720

NET CURRENT ASSETS

1,817

33,665

TOTAL ASSETS LESS CURRENT LIABILITIES

6,081

37,397

CREDITORS

Amounts falling due after more than one year

7

50,000

62,855

NET LIABILITIES

(43,919

)

(25,458

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(43,921

)

(25,460

)

SHAREHOLDERS' FUNDS

(43,919

)

(25,458

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2018.

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

The financial statements were approved by the Board of Directors on 29th August 2018 and were signed on its behalf by:

MRS F KHAN - Director

1.	STATUTORY INFORMATION

AFLAH AND CO 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 the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2017 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st April 2017

4,817

1,729

6,546

Additions

1,953

-

1,953

At 31st March 2018

6,770

1,729

8,499

DEPRECIATION

At 1st April 2017

2,077

737

2,814

Charge for year

1,173

248

1,421

At 31st March 2018

3,250

985

4,235

NET BOOK VALUE

At 31st March 2018

3,520

744

4,264

At 31st March 2017

2,740

992

3,732

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

2,266

2,266

Prepayments and accrued income

1,256

941

3,522

3,207

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

9,083

720

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Other loans - 1-2 years

-

22,855

Directors' loan accounts

50,000

40,000

50,000

62,855