1 October 2016 false No description of principal activity Taxfiler 2018.5.Web 05929970business:PrivateLimitedCompanyLtd2016-10-012017-09-30 059299702016-09-30 059299702016-10-012017-09-30 05929970business:AuditExemptWithAccountantsReport2016-10-012017-09-30 05929970business:FullAccounts2016-10-012017-09-30 059299702017-09-30 05929970business:Director12016-10-012017-09-30 05929970business:CompanySecretary12016-10-012017-09-30 05929970business:RegisteredOffice2016-10-012017-09-30 059299702016-09-30 05929970core:WithinOneYear2017-09-30 05929970core:WithinOneYear2016-09-30 05929970core:ShareCapital2017-09-30 05929970core:ShareCapital2016-09-30 05929970core:RetainedEarningsAccumulatedLosses2017-09-30 05929970core:RetainedEarningsAccumulatedLosses2016-09-30 05929970business:SmallEntities2016-10-012017-09-30 05929970countries:EnglandWales2016-10-012017-09-30 05929970core:LandBuildings2016-10-012017-09-30 05929970core:PlantMachinery2016-10-012017-09-30 05929970core:ComputerEquipment2016-10-012017-09-30 05929970core:Goodwill2016-09-30 05929970core:Goodwill2017-09-30 05929970core:Goodwill2016-10-012017-09-30 05929970core:LandBuildings2016-09-30 05929970core:PlantMachinery2016-09-30 05929970core:ComputerEquipment2016-09-30 05929970core:LandBuildings2017-09-30 05929970core:PlantMachinery2017-09-30 05929970core:ComputerEquipment2017-09-30 05929970business:OrdinaryShareClass12016-10-012017-09-30 05929970business:OrdinaryShareClass12015-10-012016-09-30 059299702015-10-012016-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05929970 (England and Wales)
A A Tikare and Associates Limited Unaudited accounts for the year ended 30 September 2017
A A Tikare and Associates Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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A A Tikare and Associates Limited Company Information for the year ended 30 September 2017
Director
Mr A A O Tikare
Secretary
Mrs A E Tikare
Company Number
05929970 (England and Wales)
Registered Office
14 WROTHAM ROAD GRAVESEND KENT DA11 0PA
Accountants
Blue Sky Accountants Limited Suite 2038 6 - 8 Revenge Road Chatham Kent ME5 8UD
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A A Tikare and Associates Limited Statement of financial position as at 30 September 2017
2017 
2016 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
- 
600 
Tangible assets
5
44,399 
61,121 
44,399 
61,721 
Current assets
Inventories
6
1,901 
1,877 
Debtors
7
5,824 
- 
Cash at bank and in hand
9,938 
- 
17,663 
1,877 
Creditors: amounts falling due within one year
8
(14,100)
(20,402)
Net current assets/(liabilities)
3,563 
(18,525)
Total assets less current liabilities
47,962 
43,196 
Provisions for liabilities
Deferred tax
(2,517)
(2,517)
Net assets
45,445 
40,679 
Capital and reserves
Called up share capital
9
1 
1 
Profit and loss account
45,444 
40,678 
Shareholders' funds
45,445 
40,679 
For the year ending 30 September 2017 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 30 June 2018.
Mr A A O Tikare Director Company Registration No. 05929970
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A A Tikare and Associates Limited Notes to the Accounts for the year ended 30 September 2017
1
Statutory information
A A Tikare and Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 05929970. The registered office is 14 WROTHAM ROAD, GRAVESEND, KENT, DA11 0PA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 30 September 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2015. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
7.1%
Plant & machinery
25%
Computer equipment
33%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
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A A Tikare and Associates Limited Notes to the Accounts for the year ended 30 September 2017
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 October 2016
36,000 
At 30 September 2017
36,000 
Amortisation
At 1 October 2016
35,400 
Charge for the year
600 
At 30 September 2017
36,000 
Net book value
At 30 September 2017
- 
At 30 September 2016
600 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2016
2,500 
187,666 
12,517 
202,683 
At 30 September 2017
2,500 
187,666 
12,517 
202,683 
Depreciation
At 1 October 2016
1,811 
129,156 
10,595 
141,562 
Charge for the year
172 
14,628 
- 
14,800 
On disposals
- 
- 
1,922 
1,922 
At 30 September 2017
1,983 
143,784 
12,517 
158,284 
Net book value
At 30 September 2017
517 
43,882 
- 
44,399 
At 30 September 2016
689 
58,510 
1,922 
61,121 
6
Inventories
2017 
2016 
£ 
£ 
Finished goods
1,901 
1,877 
1,901 
1,877 
7
Debtors
2017 
2016 
£ 
£ 
Other debtors
5,824 
- 
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A A Tikare and Associates Limited Notes to the Accounts for the year ended 30 September 2017
8
Creditors: amounts falling due within one year
2017 
2016 
£ 
£ 
Bank loans and overdrafts
- 
2,885 
Trade creditors
11,292 
13,886 
Taxes and social security
2,808 
3,631 
14,100 
20,402 
9
Share capital
2017 
2016 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
10
Average number of employees
During the year the average number of employees was 0 (2016: 0).
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