Registered Number 03978030

ABU ZAAD LIMITED

Abbreviated Accounts

30 April 2016

ABU ZAAD LIMITED Registered Number 03978030

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 10,010 27,347
Investments - -
10,010 27,347
Current assets
Stocks 37,435 39,580
Debtors - 2,583
Investments - -
Cash at bank and in hand 30,323 26,793
67,758 68,956
Prepayments and accrued income - -
Creditors: amounts falling due within one year (30,826) (47,808)
Net current assets (liabilities) 36,932 21,148
Total assets less current liabilities 46,942 48,495
Creditors: amounts falling due after more than one year (80,000) (80,000)
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) (33,058) (31,505)
Capital and reserves
Called up share capital 1 1
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account (33,059) (31,506)
Shareholders' funds (33,058) (31,505)
  • For the year ending 30 April 2016 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 January 2017

And signed on their behalf by:
Mr G El Kouche, Director

ABU ZAAD LIMITED Registered Number 03978030

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Property Improvement - 6 years
Plant & Machinery - 25% straight line
Fixtures & Fittings - 25% straight line
Motor Vehicles - 25% straight line
Equipment - 25% straight line

Other accounting policies
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Going concern
These financial statements have been prepared on a going concern basis subject to the continued support of the company's directors and bankers

2Tangible fixed assets
£
Cost
At 1 May 2015 253,425
Additions 2,306
Disposals -
Revaluations -
Transfers -
At 30 April 2016 255,731
Depreciation
At 1 May 2015 226,078
Charge for the year 19,643
On disposals -
At 30 April 2016 245,721
Net book values
At 30 April 2016 10,010
At 30 April 2015 27,347