REGISTERED NUMBER: 06803226 (England and Wales)

A & F Memish Ltd

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

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

FIXED ASSETS

Intangible assets

2

158,212

170,382

Tangible assets

3

11,863

12,262

170,075

182,644

CURRENT ASSETS

Stocks

2,075

2,100

Debtors

-

5,668

Cash in hand

1,961

1,213

4,036

8,981

CREDITORS

Amounts falling due within one year

127,466

134,648

NET CURRENT LIABILITIES

(123,430

)

(125,667

)

TOTAL ASSETS LESS CURRENT LIABILITIES

46,645

56,977

CREDITORS

Amounts falling due after more than one year

4

43,833

55,078

NET ASSETS

2,812

1,899

CAPITAL AND RESERVES

Called up share capital

5

100

100

Profit and loss account

2,712

1,799

SHAREHOLDERS' FUNDS

2,812

1,899

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 12 October 2016 and were signed on its behalf by:

Mr A Memish - Director

1.	ACCOUNTING POLICIES

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 2009, is being amortised evenly over its estimated useful life of twenty years.

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.

Deferred tax

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

the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

243,403

AMORTISATION

At 1 April 2015

73,021

Amortisation for year

12,170

At 31 March 2016

85,191

NET BOOK VALUE

At 31 March 2016

158,212

At 31 March 2015

170,382

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

33,679

Additions

1,792

At 31 March 2016

35,471

DEPRECIATION

At 1 April 2015

21,417

Charge for year

2,191

At 31 March 2016

23,608

NET BOOK VALUE

At 31 March 2016

11,863

At 31 March 2015

12,262

4.

CREDITORS

Creditors include an amount of £ 43,833 (2015 - £ 55,078 ) for which security has been given.

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

2016

2015

£

£

Repayable by instalments

43,833

55,078

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100