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REGISTERED NUMBER: 07327710 (England and Wales)












Unaudited Financial Statements

for the Period 1 August 2017 to 31 March 2018

for

AABAN PARTNERSHIP LIMITED

AABAN PARTNERSHIP LIMITED (REGISTERED NUMBER: 07327710)






Contents of the Financial Statements
for the Period 1 August 2017 to 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


AABAN PARTNERSHIP LIMITED

Company Information
for the Period 1 August 2017 to 31 March 2018







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

AABAN PARTNERSHIP LIMITED (REGISTERED NUMBER: 07327710)

Balance Sheet
31 March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,557,231 856,118

CURRENT ASSETS
Debtors 6 8,400 3,992

CREDITORS
Amounts falling due within one year 7 580,252 520,189
NET CURRENT LIABILITIES (571,852 ) (516,197 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

985,379

339,921

CREDITORS
Amounts falling due after more than one year 8 1,138,377 467,512
NET LIABILITIES (152,998 ) (127,591 )

CAPITAL AND RESERVES
Called up share capital 10 360 360
Retained earnings (153,358 ) (127,951 )
SHAREHOLDERS' FUNDS (152,998 ) (127,591 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2018 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 24 July 2018 and were signed on its behalf by:





N Iqbal - Director


AABAN PARTNERSHIP LIMITED (REGISTERED NUMBER: 07327710)

Notes to the Financial Statements
for the Period 1 August 2017 to 31 March 2018

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 period 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 period 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. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2017 - NIL).

AABAN PARTNERSHIP LIMITED (REGISTERED NUMBER: 07327710)

Notes to the Financial Statements - continued
for the Period 1 August 2017 to 31 March 2018

5. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 August 2017 856,118
Additions 701,113
At 31 March 2018 1,557,231
NET BOOK VALUE
At 31 March 2018 1,557,231
At 31 July 2017 856,118

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 8,400 3,992

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 10,730 945
Trade creditors - 2,400
Other creditors 569,522 516,844
580,252 520,189

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Bank loans 1,138,377 467,512

9. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Bank overdrafts 10,730 945
Bank loans 1,138,377 467,512
1,149,107 468,457

Bank borrowings are secured by a fixed and floating charge on the property.

AABAN PARTNERSHIP LIMITED (REGISTERED NUMBER: 07327710)

Notes to the Financial Statements - continued
for the Period 1 August 2017 to 31 March 2018

10. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
360 Ordinary £1 360 360

11. RELATED PARTY DISCLOSURES

Included in other creditors is a loan from Pathways North West Limited of £288,874 (2017 - £148,391). N Iqbal
and A Hussain are also directors of this company. Also included in other creditors are loans of £138,377 from
each of the directors (2017- £180,877 each). There is no interest payable on these loans.