REGISTERED NUMBER: 05988622 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Aami Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr M Ahmed

Mr M Ilyas

SECRETARY:

REGISTERED OFFICE:

225 Hollyhead Road

Handsworth

Birmingham

B21 0AP

REGISTERED NUMBER:

05988622 (England and Wales)

ACCOUNTANTS:

M. F. Khan & Co.

25 Parkdale Close

Erdington

Birmingham

B24 8JU

FIXED ASSETS

Intangible assets

2

24,570

24,570

Tangible assets

3

70

93

24,640

24,663

CURRENT ASSETS

Stocks

3,995

1,882

Debtors

3

3

Cash at bank and in hand

6,821

4,500

10,819

6,385

CREDITORS

Amounts falling due within one year

17,885

17,170

NET CURRENT LIABILITIES

(7,066

)

(10,785

)

TOTAL ASSETS LESS CURRENT LIABILITIES

17,574

13,878

CAPITAL AND RESERVES

Called up share capital

4

3

3

Profit and loss account

17,571

13,875

SHAREHOLDERS' FUNDS

17,574

13,878

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 10 November 2016 and were signed on its behalf by:

Mr M Ilyas - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of nil years.

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

-

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

24,570

NET BOOK VALUE

At 31 March 2016

24,570

At 31 March 2015

24,570

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

1,014

DEPRECIATION

At 1 April 2015

921

Charge for year

23

At 31 March 2016

944

NET BOOK VALUE

At 31 March 2016

70

At 31 March 2015

93

4.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

3

Share capital 1

£1

3

3