REGISTERED NUMBER: 07327710 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2017

for

Aaban Partnership Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Iqbal

A Hussain

REGISTERED OFFICE:

1 Mead Way

Shuttleworth Mead Business Park

Padiham

Lancashire

BB12 7NG

REGISTERED NUMBER:

07327710 (England and Wales)

ACCOUNTANTS:

Haworths Limited

Chartered Accountants

The Old Tannery

Eastgate

Accrington

Lancashire

BB5 6PW

FIXED ASSETS

Tangible assets

4

856,118

554,336

CURRENT ASSETS

Debtors

5

3,992

-

Cash at bank

-

6,750

3,992

6,750

CREDITORS

Amounts falling due within one year

6

520,189

640,164

NET CURRENT LIABILITIES

(516,197

)

(633,414

)

TOTAL ASSETS LESS CURRENT LIABILITIES

339,921

(79,078

)

CREDITORS

Amounts falling due after more than one year

7

467,512

-

NET LIABILITIES

(127,591

)

(79,078

)

CAPITAL AND RESERVES

Called up share capital

8

360

360

Retained earnings

(127,951

)

(79,438

)

SHAREHOLDERS' FUNDS

(127,591

)

(79,078

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 20 March 2018 and were signed on its behalf by:

N Iqbal - Director

1.	STATUTORY INFORMATION

Aaban Partnership 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

During the period the company met its day to day working capital requirements by the financial support of its

directors and associated other businesses. The directors have agreed to continue to support the company by way

of loans to the company.

On this basis, the directors consider it to be appropriate to prepare the accounts on the going concern basis. The

financial statements do not include any adjustments that would result from a withdrawal of this support.

Tangible fixed assets

The building is currently under construction, therefore no depreciation has been charged.

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 material 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.

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 August 2016

554,336

Additions

301,782

At 31 July 2017

856,118

NET BOOK VALUE

At 31 July 2017

856,118

At 31 July 2016

554,336

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

3,992

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

945

-

Trade creditors

2,400

-

Other creditors

516,844

640,164

520,189

640,164

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Other creditors

467,512

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

360

Ordinary

£1

360

360

9.	RELATED PARTY DISCLOSURES

Included in other creditors is a loan from Pathways North West Limited of £148,391. (2016 - £272,391). N

Iqbal and A Hussain are also directors of this company. Also included in other creditors are loans of £180,877

from each of the directors. There is no interest payable on this loans.

10.	FIRST YEAR ADOPTION

This is the company's first set of financial statements prepared under FRS 102. The date of transition to FRS 102

was 1st August 2015. The accounting policies are unchanged and there are no changes to profits and equity as

previously reported.