AAREN_TECHNOLOGY_LIMITED

AAREN TECHNOLOGY LIMITED

COMPANY INFORMATION

Director

R A Johnson

Secretary

Mr Peter Cox

Company number

05858435

Registered office

Egale 1

80 St Albans Road

Watford

Hertfordshire

WD17 1DL

Accountants

Myers Clark

Egale 1

80 St Albans Road

Watford

Hertfordshire

WD17 1DL

AAREN TECHNOLOGY LIMITED

CONTENTS

Page

Director's report

1

Accountants' report

2

Profit and loss account

3

Balance sheet

4

Notes to the financial statements

5 - 6

AAREN TECHNOLOGY LIMITED

DIRECTOR'S REPORT

FOR THE YEAR ENDED 30 JUNE 2016

- 1 -

The director presents his report and unaudited financial statements for the year ended 30 June 2016. The company is dormant and has not traded during the year.

Director

The following director has held office since 1 July 2015:

R A Johnson

On behalf of the board

R A Johnson

Director

27 January 2017

AAREN TECHNOLOGY LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF AAREN TECHNOLOGY LIMITED FOR THE YEAR ENDED 30 JUNE 2016

- 2 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Aaren Technology Limited for the year ended 30 June 2016 set out on pages 3 to 6 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, we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Aaren Technology Limited, as a body, in accordance with the terms of our engagement letter dated 21 December 2012. Our work has been undertaken solely to prepare for your approval the financial statements of Aaren Technology Limited and state those matters that we have agreed to state to the Board of Directors of Aaren Technology Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aaren Technology Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Aaren Technology 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 Aaren Technology Limited. You consider that Aaren Technology 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 Aaren Technology 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.

Myers Clark

30 January 2017

Chartered Accountants

Egale 1

80 St Albans Road

Watford

Hertfordshire

WD17 1DL

AAREN TECHNOLOGY LIMITED

PROFIT AND LOSS ACCOUNT

FOR THE YEAR ENDED 30 JUNE 2016

- 3 -

2016

2015

Notes

£

Administrative expenses

-

118

(Loss)/profit on ordinary activities before taxation

-

118

Tax on (loss)/profit on ordinary activities

-

(2)

(Loss)/profit for the year

6

-

116

The company has not traded during the year. The company received no income and incurred no expenditure and therefore made neither a profit nor a loss in the year.

AAREN TECHNOLOGY LIMITED

BALANCE SHEET

AS AT

30 JUNE 2016

- 4 -

2016

2015

Notes

£

Current assets

Debtors

3

26

Cash at bank and in hand

394

420

Creditors: amounts falling due within one year

4

(2)

Total assets less current liabilities

418

Capital and reserves

Called up share capital

5

1

Profit and loss account

6

417

Shareholders' funds

418

Audit exemption statement

For the financial year ended 30 June 2016 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

-

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

-

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

Approved by the Board and authorised for issue on 27 January 2017

R A Johnson

Director

Company Registration No. 05858435

AAREN TECHNOLOGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2016

- 5 -

1

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2

Dividends

2016

2015

£

Ordinary interim paid

-

83,028

3

Debtors

2016

2015

£

Other debtors

26

4

Creditors: amounts falling due within one year

2016

2015

£

Taxation and social security

2

5

Share capital

2016

2015

£

Allotted, called up and fully paid

1 Ordinary share of £1 each

1

AAREN TECHNOLOGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2016

- 6 -

6

Statement of movements on profit and loss account

Profit and loss
account

£

Balance at 1 July 2015

417

Balance at 30 June 2016

417

7

Control

The ultimate parent company is Admiral Microwaves Limited, a company registered in England and Wales. The majority shareholder of Admiral Microwaves Limited is Aspen Electronics Limited and therefore the ultimate controlling party is HC Venning, a director of Aspen Electronics Limited and Admiral Microwaves Limited.