Company Registration No. 08750959 (England and Wales)
3AK Birmingham Limited
Unaudited accounts
for the year ended 31 March 2018
3AK Birmingham Limited
Unaudited accounts
Contents
3AK Birmingham Limited
Company Information
for the year ended 31 March 2018
Directors
Asif Khan
Sohail Hamid Khan
Company Number
08750959 (England and Wales)
Registered Office
14
Shearbridge Road
Bradford
BD7 1NX
United Kingdom
Accountants
SAF
38A
Church Street
Heckmondwike
West Yorkshire
WF16 0AX
3AK Birmingham Limited
Statement of financial position
as at
31 March 2018
Intangible assets
3,000
4,000
Tangible assets
48,837
57,455
Inventories
116,976
47,702
Cash at bank and in hand
28,636
2,094
Creditors: amounts falling due within one year
(171,205)
(188,075)
Net current liabilities
(12,479)
(12,421)
Called up share capital
100
100
Profit and loss account
39,258
48,934
Shareholders' funds
39,358
49,034
For the year ending 31 March 2018 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 28 December 2018.
Asif Khan
Director
Company Registration No. 08750959
3AK Birmingham Limited
Notes to the Accounts
for the year ended 31 March 2018
3AK Birmingham Limited is a private company, limited by shares, registered in England and Wales, registration number 08750959. The registered office is 14, Shearbridge Road, Bradford, BD7 1NX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance method
4
Intangible fixed assets
Other
Charge for the year
1,000
3AK Birmingham Limited
Notes to the Accounts
for the year ended 31 March 2018
5
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Charge for the year
8,618
Finished goods
116,976
47,702
Other debtors
13,114
125,858
8
Creditors: amounts falling due within one year
2018
2017
Trade creditors
44,688
39,849
Taxes and social security
7,927
7,251
Other creditors
49,159
74,225
Loans from directors
68,711
66,030
9
Share capital
2018
2017
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 4 (2017: 3).