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REGISTERED NUMBER: 01484434 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2017

FOR

PETER HADDAD TRADING LIMITED

PETER HADDAD TRADING LIMITED (REGISTERED NUMBER: 01484434)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PETER HADDAD TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2017







DIRECTOR: P K G Haddad





REGISTERED OFFICE: Haddad House
91 East Street
Epsom
Surrey
KT17 1DT





REGISTERED NUMBER: 01484434 (England and Wales)





ACCOUNTANTS: JOHN WILLIAMS & CO.
CHARTERED ACCOUNTANTS
Chart House
2 Effingham Road
Reigate
Surrey
RH2 7JN

PETER HADDAD TRADING LIMITED (REGISTERED NUMBER: 01484434)

BALANCE SHEET
30 APRIL 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 53,444 3,892
Investment property 6 450,000 418,779
503,444 422,671

CURRENT ASSETS
Debtors 7 684,079 658,683
Cash at bank and in hand 74,389 146,207
758,468 804,890
CREDITORS
Amounts falling due within one year 8 983,088 851,936
NET CURRENT LIABILITIES (224,620 ) (47,046 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

278,824

375,625

PROVISIONS FOR LIABILITIES 10 6,244 778
NET ASSETS 272,580 374,847

CAPITAL AND RESERVES
Called up share capital 11 3,400 3,400
Retained earnings 12 269,180 371,447
SHAREHOLDERS' FUNDS 272,580 374,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 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.

PETER HADDAD TRADING LIMITED (REGISTERED NUMBER: 01484434)

BALANCE SHEET - continued
30 APRIL 2017


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 Income Statement has not been delivered.

The financial statements were approved by the director on 20 June 2017 and were signed by:





P K G Haddad - Director


PETER HADDAD TRADING LIMITED (REGISTERED NUMBER: 01484434)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2017

1. STATUTORY INFORMATION

Peter Haddad Trading 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 as modified by the revaluation of certain assets.

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 2000, is being amortised evenly over its estimated useful life of twenty years.

An impairment review was carried out at the year end and it was decided that Goodwill has no value at this date.
Therefore Goodwill has been written down to nil through an impairment loss.

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 - 20% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

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 that have been enacted or
substantively enacted by the balance sheet date.


PETER HADDAD TRADING LIMITED (REGISTERED NUMBER: 01484434)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2017

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals received or paid under operating leases are credited or charged to the profit and loss as incurred.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2016
and 30 April 2017 50,000
AMORTISATION
At 1 May 2016
and 30 April 2017 50,000
NET BOOK VALUE
At 30 April 2017 -
At 30 April 2016 -

PETER HADDAD TRADING LIMITED (REGISTERED NUMBER: 01484434)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2017

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2016 24,498 2,137 - 2,593 29,228
Additions - - 65,490 1,395 66,885
At 30 April 2017 24,498 2,137 65,490 3,988 96,113
DEPRECIATION
At 1 May 2016 24,196 593 - 547 25,336
Charge for year 213 231 16,373 516 17,333
At 30 April 2017 24,409 824 16,373 1,063 42,669
NET BOOK VALUE
At 30 April 2017 89 1,313 49,117 2,925 53,444
At 30 April 2016 302 1,544 - 2,046 3,892

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2016 418,779
Revaluations 31,221
At 30 April 2017 450,000
NET BOOK VALUE
At 30 April 2017 450,000
At 30 April 2016 418,779

Cost or valuation at 30 April 2017 is represented by:

£   
Valuation in 2017 31,221
Cost 418,779
450,000

If investment property had not been revalued it would have been included at the following historical cost:

2017 2016
£    £   
Cost 418,779 418,779

Investment property was valued on an open market basis on 30 April 2017 by the directors .

PETER HADDAD TRADING LIMITED (REGISTERED NUMBER: 01484434)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2017

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 545,448 514,461
Other debtors 1,306 2,000
VAT 15,163 20,429
Prepayments and accrued income 122,162 121,793
684,079 658,683

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 491,456 431,610
Tax 8,192 9,970
Social security and other taxes 11,449 13,896
Other creditors 88,133 74,880
Directors' current accounts 142,664 124,727
Accrued expenses and deferred income 241,194 196,853
983,088 851,936

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2017 2016
£    £   
Between one and five years 5,472 13,277

10. PROVISIONS FOR LIABILITIES
2017 2016
£    £   
Deferred tax 6,244 778

Deferred
tax
£   
Balance at 1 May 2016 778
Accelerated capital allowances (778 )
Revaluations 6,244
Balance at 30 April 2017 6,244

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
1,100 Ordinary Voting £1 1,100 1,100
2,300 Ordinary Non-Voting £1 2,300 2,300
3,400 3,400

PETER HADDAD TRADING LIMITED (REGISTERED NUMBER: 01484434)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2017

11. CALLED UP SHARE CAPITAL - continued

The ordinary non-voting shares have the right to par value only on a winding up. They have no rights to
dividends other than at the sole discretion of the director and only out of reserves accumulated since 31st January
1997.

12. RESERVES
Retained
earnings
£   

At 1 May 2016 371,447
Profit for the year 16,512
Dividends (150,000 )
Revaluation in year 31,221
At 30 April 2017 269,180

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P K G Haddad.