REGISTERED NUMBER: 07037941 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2017

for

AADI Telecom Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M A Ahmed

REGISTERED OFFICE:

Tenby Place

102 Selby Road

West Bridgford

Nottingham

NG2 7BA

REGISTERED NUMBER:

07037941 (England and Wales)

ACCOUNTANTS:

Global Payroll Services Ltd

Tenby Place

102 Selby Road

West Bridgford

Nottingham

NG2 7BA

FIXED ASSETS

Tangible assets

4

6,637

4,387

CURRENT ASSETS

Debtors

5

792

9,984

Cash at bank

109,018

59,045

109,810

69,029

CREDITORS

Amounts falling due within one year

6

63,144

31,195

NET CURRENT ASSETS

46,666

37,834

TOTAL ASSETS LESS CURRENT LIABILITIES

53,303

42,221

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

53,203

42,121

SHAREHOLDERS' FUNDS

53,303

42,221

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 director acknowledges his 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 director on 25 July 2018 and were signed by:

M A Ahmed - Director

1.	STATUTORY INFORMATION

AADI Telecom Ltd 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 is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

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

-

33% straight line

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2016

11,822

Additions

6,026

Disposals

(2,397

)

At 31 October 2017

15,451

DEPRECIATION

At 1 November 2016

7,435

Charge for year

1,511

Eliminated on disposal

(132

)

At 31 October 2017

8,814

NET BOOK VALUE

At 31 October 2017

6,637

At 31 October 2016

4,387

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Trade debtors

792

9,984

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.17

31.10.16

£

£

Tax

3,796

5,528

Social security and other taxes

456

438

VAT

2,500

1,751

Directors' loan account

56,392

23,478

63,144

31,195