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REGISTERED NUMBER: 06803226 (England and Wales)















A & F Memish Ltd

Unaudited Financial Statements for the Year Ended 31 March 2017






A & F Memish Ltd (Registered number: 06803226)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A & F Memish Ltd

Company Information
for the Year Ended 31 March 2017







DIRECTORS: Mr A Memish
Mrs F Memish





SECRETARY: Mr A Memish





REGISTERED OFFICE: 97 Judd Street
London
WC1H 9JG





BUSINESS ADDRESS: 5 Old Dover Road
Blackheath
London
SE3 7BT





REGISTERED NUMBER: 06803226 (England and Wales)





ACCOUNTANTS: Chris Syrimis & Co
Chartered Certified Accountants
97 Judd Street
London
WC1H 9JG

A & F Memish Ltd (Registered number: 06803226)

Balance Sheet
31 March 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 146,042 158,212
Tangible assets 5 10,698 11,863
156,740 170,075

CURRENT ASSETS
Stocks 6 1,975 2,075
Cash in hand 1,526 1,961
3,501 4,036
CREDITORS
Amounts falling due within one year 7 127,257 127,466
NET CURRENT LIABILITIES (123,756 ) (123,430 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,984

46,645

CREDITORS
Amounts falling due after more than one
year

8

(31,310

)

(43,833

)

PROVISIONS FOR LIABILITIES (1,027 ) -
NET ASSETS 647 2,812

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 547 2,712
SHAREHOLDERS' FUNDS 647 2,812

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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.

A & F Memish Ltd (Registered number: 06803226)

Balance Sheet - continued
31 March 2017


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 17 November 2017 and were signed on
its behalf by:





Mr A Memish - Director


A & F Memish Ltd (Registered number: 06803226)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

A & F Memish Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are
measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

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.


A & F Memish Ltd (Registered number: 06803226)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

2. ACCOUNTING POLICIES - continued
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 3 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2016
and 31 March 2017 243,403
AMORTISATION
At 1 April 2016 85,191
Amortisation for year 12,170
At 31 March 2017 97,361
NET BOOK VALUE
At 31 March 2017 146,042
At 31 March 2016 158,212

A & F Memish Ltd (Registered number: 06803226)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

5. TANGIBLE FIXED ASSETS
Short Plant and
leasehold machinery Totals
£    £    £   
COST
At 1 April 2016 5,291 30,180 35,471
Additions - 638 638
At 31 March 2017 5,291 30,818 36,109
DEPRECIATION
At 1 April 2016 - 23,608 23,608
Charge for year - 1,803 1,803
At 31 March 2017 - 25,411 25,411
NET BOOK VALUE
At 31 March 2017 5,291 5,407 10,698
At 31 March 2016 5,291 6,572 11,863

6. STOCKS
2017 2016
£    £   
Stocks 1,975 2,075

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts 5,519 6,169
Trade creditors 1,943 -
Taxation and social security 6,149 5,609
Other creditors 113,646 115,688
127,257 127,466

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2017 2016
£    £   
Bank loans 31,310 43,833

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 31,310 43,833

A & F Memish Ltd (Registered number: 06803226)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

9. SECURED DEBTS

The following secured debts are included within creditors:

2017 2016
£    £   
Bank loans 31,310 43,833

The bank loan is secured by director's personal security provided to the bank.

10. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Retained
earnings
£   

At 1 April 2016 2,712
Deficit for the year (2,165 )
At 31 March 2017 547