REGISTERED NUMBER: 07284664 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2017

FOR

A & N CATERING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

8

DIRECTORS:

Aziz Alami Hamdouni

Nisrine Alami Hamdouni

REGISTERED OFFICE:

187 High Road Leyton

London

E15 2BY

REGISTERED NUMBER:

07284664 (England and Wales)

ACCOUNTANTS:

Ashford Louis

Chartered Certified Accountants

187 High Road Leyton

London

E15 2BY

FIXED ASSETS

Intangible assets

4

135,669

149,882

Tangible assets

5

59,021

69,790

194,690

219,672

CURRENT ASSETS

Stocks

1,513

1,507

Debtors

6

16,167

15,586

Cash at bank and in hand

277,632

90,070

295,312

107,163

CREDITORS

Amounts falling due within one year

7

114,266

140,779

NET CURRENT ASSETS/(LIABILITIES)

181,046

(33,616

)

TOTAL ASSETS LESS CURRENT LIABILITIES

375,736

186,056

CREDITORS

Amounts falling due after more than one year

8

272,382

75,000

NET ASSETS

103,354

111,056

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

103,254

110,956

SHAREHOLDERS' FUNDS

103,354

111,056

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

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

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 15 May 2018 and were signed on its behalf by:

Aziz Alami Hamdouni - Director

Nisrine Alami Hamdouni - Director

1.	STATUTORY INFORMATION

A & N Catering Limited 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 represents net invoiced sales of goods and services, excluding value added tax. The total turnover of

the company for the year has been derived from the provision of goods and services falling within the company's

principal activities.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, was being amortised

evenly over its estimated useful life of twenty year until October 2017 when the remaining net book value is

amortised evenly over ten 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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Patents

Patents are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal

annual instalments over their estimated useful lives.

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

-

not provided

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

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.

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

No going concern

No material uncertainties related to events or conditions that may casts significant doubt on the ability of the

company to continue as a going concern have been identified by the director.

Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 .

4.	INTANGIBLE FIXED ASSETS

Patents

and

Goodwill

licences

Totals

£

£

£

COST

At 1 November 2016

and 31 October 2017

174,325

14,053

188,378

AMORTISATION

At 1 November 2016

34,865

3,631

38,496

Amortisation for year

13,510

703

14,213

At 31 October 2017

48,375

4,334

52,709

NET BOOK VALUE

At 31 October 2017

125,950

9,719

135,669

At 31 October 2016

139,460

10,422

149,882

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Motor

Computer

leasehold

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 November 2016

and 31 October 2017

1

113,590

4,496

2,783

120,870

DEPRECIATION

At 1 November 2016

-

46,813

2,822

1,445

51,080

Charge for year

-

10,016

419

334

10,769

At 31 October 2017

-

56,829

3,241

1,779

61,849

NET BOOK VALUE

At 31 October 2017

1

56,761

1,255

1,004

59,021

At 31 October 2016

1

66,777

1,674

1,338

69,790

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Trade debtors

876

1,701

Other debtors

15,291

13,885

16,167

15,586

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Bank loans and overdrafts

-

14,286

Trade creditors

23,790

29,061

Taxation and social security

40,104

39,819

Other creditors

50,372

57,613

114,266

140,779

The Bank loan relates to a loan provided to the company under the Enterprise Finance Guarantee Scheme. The

loan is secured by a fixed and floating charge over the assets of the company.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.17

31.10.16

£

£

Bank loans

197,382

-

Other creditors

75,000

75,000

272,382

75,000

Other creditors includes a loan from director of £75,000 (2016 - £75,000). The loan bears interest at the rate of

7% per annum payable to the director of £5,250 (2016 - £5,250).

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the current and the previous years, the company was controlled by its directors, by virtue of their

ownership of the entire issued share capital of the company.

During the year, the company paid dividends totalling £22,000 (2016 : £22,000) to the directors.

At the balance sheet date, the company owed its directors £29,081 (2016 : £33, 173).

10.	FIRST YEAR ADOPTION

Transitional relief

On transition to FRS 102, the company has taken advantage of the following transitional relief:

•

to measure fair value at date of transition to FRS 102 and use as deemed cost on:

-

an item of property, plant and equipment;

-

an intangible asset which meets the recognition criteria and criteria for revaluation in Section 18 Intangible Assets other than Goodwill.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of A & N Catering Limited for the year ended 31 October 2017 which comprise the Income

Statement, Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of A & N Catering Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of A & N Catering Limited and state those matters that we have agreed to state to the Board of Directors of A & N Catering Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A & N Catering 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 profit of A & N Catering Limited. You consider that A & N Catering 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 A & N Catering 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.

Ashford Louis

Chartered Certified Accountants

187 High Road Leyton

London

E15 2BY

18 May 2018