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A & H FINANCIAL SERVICES LIMITED
02727471
2016-06-30
18153
16072
18253
16172
100
100
18253
16172
18253
16172
18253
16172
33830
30163
52083
46335
51904
46212
179
123
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with applicable UK accounting standards.
Commissions Receivable
Commissions are due on some insurance and pension policies in two or more installments,
the second and subsequent instalments received after twelve months depending on whether
the client has paid the appropriate number of premiums.However most insurance companies
now pay the full amount of commission in advance. As a result, a provision is made every year to account for the second and subsequent years prepayment to the extent that it is considered likely that it will be recovered by the insurance companies concerned.
Deferred Taxation
Deferred tax is provided in respect of the tax effect of all timing differences that have originated but not reversed at the balance sheet date.A deferred tax asset is regarded as recoverable and therefore recognised only when,on the basis of all available evidence,it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is measured on an undiscounted basis at the average tax rates that are expected to
apply in the periods in which the timing differences are expected to reverse, based on tax rates
and laws that have been enacted or substantively enacted by the balance sheet date.
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year.
Ordinary
100
1
100
100
Ordinary
1
100
100
100
2017-03-16
Mr Bharat Handa
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
A & H FINANCIAL SERVICES LIMITED
2015-07-01
2016-06-30
A & H FINANCIAL SERVICES LIMITED
2014-07-01
2015-06-30
A & H FINANCIAL SERVICES LIMITED
2014-06-30
A & H FINANCIAL SERVICES LIMITED
2015-06-30
A & H FINANCIAL SERVICES LIMITED
2015-06-30
A & H FINANCIAL SERVICES LIMITED
2016-06-30
2017-03-21