AHA STEEL LIMITED

Company Registration Number:
06735050 (England and Wales)

Report of the Directors and Unaudited Financial Statements

Period of accounts

Start date: 01 January 2015

End date: 31 December 2015

AHA STEEL LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2015

Company Information
Report of the Directors
Profit and Loss Account
Gains and Losses
Balance sheet
Notes to the Financial Statements

AHA STEEL LIMITED

Company Information

for the Period Ended 31 December 2015




Director: Ayad Faltas
Andrew Kay
Secretary: Andrew Kay
Registered office: 5 Wheatcroft Business Park
Landmere Lane
Edwalton
Nottingham
NG12 4DG
Company Registration Number: 06735050 (England and Wales)

AHA STEEL LIMITED

Directors' Report Period Ended 31 December 2015

The directors present their report with the financial statements of the company for the period ended 31 December 2015

Directors
The directors shown below have held office during the whole of the period from
01 January 2015 to 31 December 2015
Ayad Faltas
Andrew Kay

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 04 May 2016
And Signed On Behalf Of The Board By:

Name: Ayad Faltas
Status: Director

AHA STEEL LIMITED

Profit and Loss Account

for the Period Ended 31 December 2015


Notes

2015
£

2014
£
Turnover: 488,876 0
Cost of sales: ( 452,210 ) 0
Gross profit or (loss): 36,666 0
Administrative expenses: ( 18,013 ) ( 13,560 )
Operating profit or (loss): 18,653 ( 13,560 )
Profit or (loss) on ordinary activities before taxation: 18,653 ( 13,560 )
Profit or (loss) for the financial year: 18,653 ( 13,560 )

The notes form part of these financial statements

AHA STEEL LIMITED

Statement of total recognised gains and losses

The company does not have any gains and losses other than Profit and Loss for the period to report

AHA STEEL LIMITED

Balance sheet

As at 31 December 2015


Notes

2015
£

2014
£
Fixed assets
Total fixed assets: 0 0
Current assets
Stocks: 149,915 206,581
Debtors: 888,544 725,541
Cash at bank and in hand: 57 42
Total current assets: 1,038,516 932,164
Creditors: amounts falling due within one year: 2 ( 338,413 ) ( 250,714 )
Net current assets (liabilities): 700,103 681,450
Total assets less current liabilities: 700,103 681,450
Total net assets (liabilities): 700,103 681,450

The notes form part of these financial statements

AHA STEEL LIMITED

Balance sheet continued

As at 31 December 2015


Notes

2015
£

2014
£
Capital and reserves
Called up share capital: 3 700,000 700,000
Profit and loss account: 4 103 ( 18,550 )
Shareholders funds: 700,103 681,450

For the year ending 31 December 2015 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 04 May 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Ayad Faltas
Status: Director

The notes form part of these financial statements

AHA STEEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared in accordance with applicable accounting standards and under the historical cost convention.

    Turnover policy

    The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

    Other accounting policies

    Stock and work in progress has been valued at the lower of cost and net realisable value.

AHA STEEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2015

  • 2. Creditors: amounts falling due within one year


    2015
    £

    2014
    £
    Trade creditors: 298,014 224,649
    Taxation and social security: 8,899 12,565
    Accruals and deferred income: 31,500 13,500
    Total: 338,413 250,714

AHA STEEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2015

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 700,000 1.00 700,000
    Preference shares: 0
    Total share capital (£): 700,000
    Current period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 700,000 1.00 700,000
    Preference shares: 0
    Total share capital (£): 700,000

AHA STEEL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2015

  • 4. Profit and loss account


    2015
    £

    2014
    £
    Opening balance: ( 18,550 ) ( 4,990 )
    Profit or (loss) for the period: 18,653 ( 13,560 )
    Retained profit: 103 ( 18,550 )