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REGISTERED NUMBER: 08260240 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021

FOR

AIYYAPPA LTD

AIYYAPPA LTD (REGISTERED NUMBER: 08260240)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2021




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


AIYYAPPA LTD

COMPANY INFORMATION
for the Year Ended 31 October 2021







DIRECTOR: S Pathmanathan





REGISTERED OFFICE: 14 Stoneleigh Park Road
Epsom
Surrey
KT19 0QT





REGISTERED NUMBER: 08260240 (England and Wales)





ACCOUNTANTS: Annjer Consultancy Services Ltd
31 New Street Hill
Bromley
Kent
BR1 5AX

AIYYAPPA LTD (REGISTERED NUMBER: 08260240)

STATEMENT OF FINANCIAL POSITION
31 October 2021

31.10.21 31.10.20
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 54,391 57,931
Tangible assets 5 138,304 138,549
192,695 196,480

CURRENT ASSETS
Stocks 56,215 58,216
Cash at bank and in hand 15,015 5,732
71,230 63,948
CREDITORS
Amounts falling due within one year 6 130,689 126,998
NET CURRENT LIABILITIES (59,459 ) (63,050 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

133,236

133,430

CREDITORS
Amounts falling due after more than one
year

7

91,200

100,000
NET ASSETS 42,036 33,430

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 42,035 33,429
SHAREHOLDERS' FUNDS 42,036 33,430

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2021 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.

AIYYAPPA LTD (REGISTERED NUMBER: 08260240)

STATEMENT OF FINANCIAL POSITION - continued
31 October 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 28 August 2022 and were signed by:





S Pathmanathan - Director


AIYYAPPA LTD (REGISTERED NUMBER: 08260240)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2021

1. STATUTORY INFORMATION

Aiyyappa Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

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 etc - 15% 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 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.

AIYYAPPA LTD (REGISTERED NUMBER: 08260240)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2021

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2020 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2020
and 31 October 2021 70,801
AMORTISATION
At 1 November 2020 12,870
Charge for year 3,540
At 31 October 2021 16,410
NET BOOK VALUE
At 31 October 2021 54,391
At 31 October 2020 57,931

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 November 2020
and 31 October 2021 136,914 6,000 142,914
DEPRECIATION
At 1 November 2020 - 4,365 4,365
Charge for year - 245 245
At 31 October 2021 - 4,610 4,610
NET BOOK VALUE
At 31 October 2021 136,914 1,390 138,304
At 31 October 2020 136,914 1,635 138,549

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.21 31.10.20
£    £   
Bank loans and overdrafts (see note 8) - 785
Trade creditors 24,295 9,131
Taxation and social security 20,759 16,756
Other creditors 85,635 100,326
130,689 126,998

AIYYAPPA LTD (REGISTERED NUMBER: 08260240)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2021

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.21 31.10.20
£    £   
Bank loans (see note 8) 91,200 100,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 91,200 100,000

8. LOANS

An analysis of the maturity of loans is given below:

31.10.21 31.10.20
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 785

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 91,200 100,000

Bank loans represent £100,000 received under Bounceback Loan Scheme(BBL). This loan is unsecured, interest free for first year, then capped at 3.5% abd guaranteed by HM Government.

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.10.21 31.10.20
value: £    £   
1 ordinary £1 1 1

10. RESERVES
Retained
earnings
£   

At 1 November 2020 33,429
Profit for the year 8,606
At 31 October 2021 42,035