AAB UK LIMITED

Company Registration Number:
06268741 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2018

Period of accounts

Start date: 01 July 2017

End date: 30 June 2018

AAB UK LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2018

Balance sheet
Notes

AAB UK LIMITED

Balance sheet

As at 30 June 2018


Notes

2018

2017


£

£
Fixed assets
Tangible assets: 3 25,417 23,969
Total fixed assets: 25,417 23,969
Current assets
Stocks: 137,000 267,960
Debtors:   101,762 78,633
Cash at bank and in hand: 120,331 107,264
Total current assets: 359,093 453,857
Creditors: amounts falling due within one year:   (304,310) (442,085)
Net current assets (liabilities): 54,783 11,772
Total assets less current liabilities: 80,200 35,741
Total net assets (liabilities): 80,200 35,741
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 79,200 34,741
Shareholders funds: 80,200 35,741

The notes form part of these financial statements

AAB UK LIMITED

Balance sheet statements

For the year ending 30 June 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 March 2019
and signed on behalf of the board by:

Name: Mr Altaf Alim
Status: Director

The notes form part of these financial statements

AAB UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods suppliedand services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value,over the useful economic life of that asset as follows:Fittings fixtures and equipment - 18% reducing balance

AAB UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

2. Employees

2018 2017
Average number of employees during the period 9 10

AAB UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

3. Tangible Assets

Total
Cost £
At 01 July 2017 40,015
Additions 7,027
At 30 June 2018 47,042
Depreciation
At 01 July 2017 16,046
Charge for year 5,579
At 30 June 2018 21,625
Net book value
At 30 June 2018 25,417
At 30 June 2017 23,969

AAB UK LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2018

4. Related party transactions

The company is controlled by Mr Altaf Alim,the company's Managing Director. It is confirmed that Directors current account is debited with personal transactions and credited with DirectorsRemuneration as well as Dividends.