REGISTERED NUMBER: 07022495 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2016

for

A & T Corporation Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr T Khawja

Mr A Hakimipoor

SECRETARY:

Mr A Hakimipoor

REGISTERED OFFICE:

Transport House

Uxbridge Road

Hillingdon Heath

Middlesex

UB10 0LY

REGISTERED NUMBER:

07022495 (England and Wales)

FIXED ASSETS

Intangible assets

2

60,297

14,050

Tangible assets

3

22,479

22,553

82,776

36,603

CURRENT ASSETS

Stocks

5,700

5,200

Debtors

23,130

24,397

Cash at bank and in hand

55,628

21,532

84,458

51,129

CREDITORS

Amounts falling due within one year

112,310

69,892

NET CURRENT LIABILITIES

(27,852

)

(18,763

)

TOTAL ASSETS LESS CURRENT LIABILITIES

54,924

17,840

CREDITORS

Amounts falling due after more than one year

4

(64,681

)

(28,567

)

PROVISIONS FOR LIABILITIES

(4,051

)

(3,932

)

NET LIABILITIES

(13,808

)

(14,659

)

CAPITAL AND RESERVES

Called up share capital

5

100

100

Profit and loss account

(13,908

)

(14,759

)

SHAREHOLDERS' FUNDS

(13,808

)

(14,659

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 28 June 2017 and were signed on its behalf by:

Mr T Khawja - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The directors are of the opinion that the company is a going concern as the directors and its bankers have

confirmed that they will provide continuing support to the company for the foreseeable future. These financial

statements have therefore been prepared on the going concern basis and do not include the adjustments would

result if the company was unable to continue as a going concern.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of twenty years.

Franchise cost

Franchise cost, being the amount paid in connection with the acquisition of a Franchise Licence in 2010 & 2011,

is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

10% on cost

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual

arrangement,as either financial assets,financial liabilities or equity instruments.An equity instrument is any

contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

32,000

Additions

52,050

At 30 September 2016

84,050

AMORTISATION

At 1 October 2015

17,950

Amortisation for year

5,803

At 30 September 2016

23,753

NET BOOK VALUE

At 30 September 2016

60,297

At 30 September 2015

14,050

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

78,018

Additions

7,155

At 30 September 2016

85,173

DEPRECIATION

At 1 October 2015

55,465

Charge for year

7,229

At 30 September 2016

62,694

NET BOOK VALUE

At 30 September 2016

22,479

At 30 September 2015

22,553

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

30.9.16

30.9.15

£

£

Repayable by instalments

10,361

-

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

£

100

Ordinary

1

100

100

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 30 September 2016, the balance owing to the directors was £48959 (2015: £45484).