Company Registration No. 04793226 (England and Wales)
ABDUL'S POULTRY LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2016
ABDUL'S POULTRY LIMITED
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
ABDUL'S POULTRY LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 NOVEMBER 2016
30 November 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
63,336
66,767
Current assets
Stocks
35,735
36,155
Debtors
243,482
178,347
Cash at bank and in hand
130,192
123,338
409,409
337,840
Creditors: amounts falling due within one year
(407,345)
(335,085)
Net current assets
2,064
2,755
Total assets less current liabilities
65,400
69,522
Creditors: amounts falling due after more than one year
(32,127)
(31,997)
Provisions for liabilities
-
(14,362)
33,273
23,163
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
33,173
23,063
Shareholders' funds
33,273
23,163
ABDUL'S POULTRY LIMITED
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
30 NOVEMBER 2016
30 November 2016
- 2 -
For the financial year ended 30 November 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 12 June 2017
Mr Abdul Gehlan
Director
Company Registration No. 04793226
ABDUL'S POULTRY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2016
- 3 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
20% reducing balance
Computer equipment
20% reducing balance
Fixtures, fittings & equipment
20% reducing balance
Motor vehicles
25% reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 December 2015
191,894
Additions
15,158
Disposals
(5,995)
At 30 November 2016
201,057
Depreciation
At 1 December 2015
125,128
On disposals
(5,900)
Charge for the year
18,493
At 30 November 2016
137,721
Net book value
At 30 November 2016
63,336
At 30 November 2015
66,767
ABDUL'S POULTRY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2016
- 4 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100