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REGISTERED NUMBER: 05579503 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 September 2018

for

K. Achillea Autobody & Paint Limited

K. Achillea Autobody & Paint Limited (Registered number: 05579503)






Contents of the Financial Statements
for the Year Ended 30 September 2018




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


K. Achillea Autobody & Paint Limited

Company Information
for the Year Ended 30 September 2018







Director: K Achillea





Registered office: Unit 2
32-34 Station Close
Potters Bar
Hertfordshire
EN6 ITL





Business address: Unit B
1 Park Ridings
Hornsey
London
N8 0LB





Registered number: 05579503 (England and Wales)





Accountants: JOHN ALEXANDER LIMITED
Unit 2
32-34 Station Close
Potters Bar
Hertfordshire
EN6 1TL

K. Achillea Autobody & Paint Limited (Registered number: 05579503)

Balance Sheet
30 September 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 1 1
Tangible assets 4 2,026 1,472
2,027 1,473

CURRENT ASSETS
Stocks 5 707 637
Cash at bank 42,099 49,043
42,806 49,680
CREDITORS
Amounts falling due within one year 6 20,174 25,039
NET CURRENT ASSETS 22,632 24,641
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,659

26,114

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 24,559 26,014
SHAREHOLDERS' FUNDS 24,659 26,114

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006.

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.

K. Achillea Autobody & Paint Limited (Registered number: 05579503)

Balance Sheet - continued
30 September 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director on 12 November 2018 and were signed by:





K Achillea - Director


K. Achillea Autobody & Paint Limited (Registered number: 05579503)

Notes to the Financial Statements
for the Year Ended 30 September 2018

1. Statutory information

K. Achillea Autobody & Paint Limited is a private company, limited by shares , registered in England
and Wales. The 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
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are
measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

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 balance sheet date.


K. Achillea Autobody & Paint Limited (Registered number: 05579503)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2018

2. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet 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.

3. Intangible fixed assets
Goodwill
£   
Cost
At 1 October 2017
and 30 September 2018 1
Net book value
At 30 September 2018 1
At 30 September 2017 1

4. Tangible fixed assets
Plant and Computer
machinery equipment Totals
£    £    £   
Cost
At 1 October 2017 13,592 1,060 14,652
Additions - 795 795
Disposals - (1,060 ) (1,060 )
At 30 September 2018 13,592 795 14,387
Depreciation
At 1 October 2017 11,685 1,495 13,180
Charge for year 477 199 676
Eliminated on disposal - (1,495 ) (1,495 )
At 30 September 2018 12,162 199 12,361
Net book value
At 30 September 2018 1,430 596 2,026
At 30 September 2017 1,907 (435 ) 1,472

K. Achillea Autobody & Paint Limited (Registered number: 05579503)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2018

5. Stocks
2018 2017
£    £   
Stocks 707 637

6. Creditors: amounts falling due within one year
2018 2017
£    £   
Trade creditors 126 50
Taxation and social security 5,551 6,042
Other creditors 14,497 18,947
20,174 25,039