REGISTERED NUMBER: |
Financial Statements for the Year Ended 28 February 2018 |
for |
J H Amin Limited |
REGISTERED NUMBER: |
Financial Statements for the Year Ended 28 February 2018 |
for |
J H Amin Limited |
J H Amin Limited (Registered number: 07470828) |
Contents of the Financial Statements |
for the Year Ended 28 February 2018 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
Report of the Accountants | 8 |
J H Amin Limited |
Company Information |
for the Year Ended 28 February 2018 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Desai House |
9-13 Holbrook Lane |
Coventry |
West Midlands |
CV6 4AD |
J H Amin Limited (Registered number: 07470828) |
Statement of Financial Position |
28 February 2018 |
28.2.18 | 28.2.17 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Property, plant and equipment | 3 |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | 9 |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
J H Amin Limited (Registered number: 07470828) |
Statement of Financial Position - continued |
28 February 2018 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director on |
J H Amin Limited (Registered number: 07470828) |
Notes to the Financial Statements |
for the Year Ended 28 February 2018 |
1. | STATUTORY INFORMATION |
J H Amin Limited is a |
company's registered number and registered office address can be found on the Company Information |
page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, |
rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Taxation |
Taxation for the year 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 statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the statement of financial position 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 year 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. |
J H Amin Limited (Registered number: 07470828) |
Notes to the Financial Statements - continued |
for the Year Ended 28 February 2018 |
3. | PROPERTY, PLANT AND EQUIPMENT |
Freehold |
property |
£ |
COST |
At 1 March 2017 |
and 28 February 2018 |
DEPRECIATION |
At 1 March 2017 |
Charge for year |
At 28 February 2018 |
NET BOOK VALUE |
At 28 February 2018 |
At 28 February 2017 |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
At 1 March 2017 |
and 28 February 2018 |
NET BOOK VALUE |
At 28 February 2018 |
At 28 February 2017 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.2.18 | 28.2.17 |
£ | £ |
Amounts owed by group |
undertakings | 12,149 | 4,956 |
J H Amin Limited (Registered number: 07470828) |
Notes to the Financial Statements - continued |
for the Year Ended 28 February 2018 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.2.18 | 28.2.17 |
£ | £ |
Bank loans and overdrafts |
Tax |
Directors' current accounts | 96,439 | 120,839 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
28.2.18 | 28.2.17 |
£ | £ |
Bank loans - 1-2 years |
Bank loans - 2-5 years |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 28.2.18 | 28.2.17 |
value: | £ | £ |
Ordinary | £1 | 80 | 80 |
Ordinary B | £1 | 20 | 20 |
100 | 100 |
9. | RESERVES |
Retained |
earnings |
£ |
At 1 March 2017 |
Profit for the year |
Dividends | ( |
) |
At 28 February 2018 |
J H Amin Limited (Registered number: 07470828) |
Notes to the Financial Statements - continued |
for the Year Ended 28 February 2018 |
10. | RELATED PARTY DISCLOSURES |
(a) The company owns 100% of the issued share capital Thurmaston Pharmacy Limited and during |
the year : |
(i) Dividend in the sum of £100,000 were received from Thurmaston Pharmacy Limited |
(ii) The company levied management charges to Thurmaston in the sum of £35,000 |
The net amount owed by Thurmaston Pharmacy Limited at 28 February 2018 was £12,149. |
(b) During the year the company directors and shareholders received dividend of £60,000 |
11. | ULTIMATE CONTROLLING PARTY |
The company was under the control of J H Amin throughout the current year. Mr J H Amin is a |
director and together with his wife owns all shares issued in the company. |
J H Amin Limited |
Report of the Accountants to the Director of |
J H Amin Limited |
The following reproduces the text of the report prepared for the director in respect of the company's |
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is |
only required to file a Statement of Financial Position. Readers are cautioned that the Income |
Statement and certain other primary statements and the Report of the Director are not required to be |
filed with the Registrar of Companies. |
As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 28 February 2018 set out on pages nil to nil and you consider that the company is exempt from an audit. |
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
Desai House |
9-13 Holbrook Lane |
Coventry |
West Midlands |
CV6 4AD |
Date: ............................................. |