Company Registration No. 12049640 (England and Wales)
Ayintap Ltd
Unaudited accounts
for the year ended 30 June 2023
Ayintap Ltd
Unaudited accounts
Contents
Ayintap Ltd
Company Information
for the year ended 30 June 2023
Company Number
12049640 (England and Wales)
Registered Office
Flat 76 Rochford Griffin Road
London
N17 6HX
England
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
Ayintap Ltd
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
1,329
1,755
Creditors: amounts falling due within one year
(11,642)
(15,021)
Net current liabilities
(230)
(13,266)
Net assets/(liabilities)
314
(13,020)
Called up share capital
1
1
Profit and loss account
313
(13,021)
Shareholders' funds
314
(13,020)
For the year ending 30 June 2023 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.
The financial statements were approved by the Board and authorised for issue on 8 March 2024 and were signed on its behalf by
Mr M A Yasar
Director
Company Registration No. 12049640
Ayintap Ltd
Notes to the Accounts
for the year ended 30 June 2023
Ayintap Ltd is a private company, limited by shares, registered in England and Wales, registration number 12049640. The registered office is Flat 76 Rochford Griffin Road, London , N17 6HX, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
18% - Reducing balance method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Ayintap Ltd
Notes to the Accounts
for the year ended 30 June 2023
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
10,296
3,947
Loans from directors
373
6,379
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Transactions with related parties
Included within other creditors is an amount of £373 (2022;£6,379) due to its directors. There are no terms as to interest or repayment in respect of this balance.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).