Company Registration No. 07117959 (England and Wales)
AZTLAN LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2017
AZTLAN LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
AZTLAN LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2017
31 December 2017
- 1 -
2017
2016
Notes
£
£
Current assets
Debtors
36,573
36,573
Cash at bank and in hand
90,893
90,893
127,466
127,466
Creditors: amounts falling due within one year
(1,450)
(1,450)
Total assets less current liabilities
126,016
126,016
Capital and reserves
Called up share capital
2
100
100
Profit and loss account
125,916
125,916
Shareholders' funds
126,016
126,016
Audit exemption statement
For the financial year ended 31 December 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 21 September 2018
A Blanco-Moreno Parreno
Director
Company Registration No. 07117959
AZTLAN LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2017
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Share capital
2017
2016
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100
3
Related party relationships and transactions
The company was controlled throughout the current and prior year by J Araujo by virtue of the fact that he owns 95% of the issued share capital.
Included in other debtors are amounts of £10,973 (2016 - £10,973) due from OTC Exotics and £25,500 (2016 - £25,500) due from J Araujo. J Araujo is a designated member of OTC Exotics LLP.
These amounts are interest free and repayable to demand.