Company Registration No. 05929970 (England and Wales)
A A TIKARE AND ASSOCIATES LIMITED
Unaudited accounts
for the year ended 30 September 2018
A A TIKARE AND ASSOCIATES LIMITED
Unaudited accounts
Contents
A A TIKARE AND ASSOCIATES LIMITED
Company Information
for the year ended 30 September 2018
Director
Dr Akinwale Adebisi Oladunjoye Tikare
Company Number
05929970 (England and Wales)
Registered Office
14 WROTHAM ROAD
GRAVESEND
KENT
DA11 0PA
ENGLAND
A A TIKARE AND ASSOCIATES LIMITED
Statement of financial position
as at
30 September 2018
Tangible assets
40,454
44,399
Cash at bank and in hand
443
9,938
Creditors: amounts falling due within one year
(19,237)
(14,100)
Net current assets
27,187
3,563
Total assets less current liabilities
67,641
47,962
Creditors: amounts falling due after more than one year
(3,418)
-
Provisions for liabilities
Deferred tax
(2,517)
(2,517)
Called up share capital
1
1
Profit and loss account
61,705
45,444
Shareholders' funds
61,706
45,445
For the year ending 30 September 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 director acknowledges his 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 June 2019.
Dr Akinwale Adebisi Oladunjoye Tikare
Director
Company Registration No. 05929970
A A TIKARE AND ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 30 September 2018
A A TIKARE AND ASSOCIATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05929970. The registered office is 14 WROTHAM ROAD, GRAVESEND, KENT, DA11 0PA, ENGLAND.
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.
These financial statements for the year ended 30 September 2018 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2016.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
A A TIKARE AND ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 30 September 2018
4
Intangible fixed assets
Goodwill
At 30 September 2018
36,000
At 30 September 2018
36,000
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a
straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where
circumstances indicate that the carrying value of an asset may not be fully recoverable.
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2017
2,500
187,666
12,517
202,683
Additions
-
9,418
-
9,418
At 30 September 2018
2,500
197,084
12,517
212,101
At 1 October 2017
1,983
143,784
12,517
158,284
Charge for the year
37
2,355
10,971
13,363
At 30 September 2018
2,020
146,139
23,488
171,647
At 30 September 2018
480
50,945
(10,971)
40,454
At 30 September 2017
517
43,882
-
44,399
Finished goods
1,901
1,901
Other debtors
44,080
5,824
A A TIKARE AND ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 30 September 2018
8
Creditors: amounts falling due within one year
2018
2017
Trade creditors
11,690
11,292
Taxes and social security
7,548
2,808
Loans from directors
(1)
-
9
Creditors: amounts falling due after more than one year
2018
2017
10
Average number of employees
During the year the average number of employees was 0 (2017: 0).