Agrah Restaurant Limited

		2016		2015
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	2		9,870		12,379

			9,870		12,379
CURRENT ASSETS
Stocks		3,200		3,200
Cash at bank and in hand		38,645		21,225

		41,845		24,425
Creditors: Amounts Falling Due Within One Year		(36,482 )		(24,806 )

NET CURRENT ASSETS (LIABILITIES)			5,363		(381 )

TOTAL ASSETS LESS CURRENT LIABILITIES			15,233		11,998

NET ASSETS			15,233		11,998

CAPITAL AND RESERVES
Called up share capital	3		3,004		3,004
Profit and Loss Account			12,229		8,994

SHAREHOLDERS' FUNDS			15,233		11,998

Company No. 02944507

Abbreviated Balance Sheet (continued) 31 March 2016

For the year ending 31 March 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 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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

On behalf of the board

Mr Ajid Miah

11 October 2016

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

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. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. 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 of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing balance
Fixtures & Fittings	25% Reducing balance

1.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2. Tangible Assets


	Total
Cost	£
As at 1 April 2015	57,043
Additions	759

As at 31 March 2016	57,802

Depreciation
As at 1 April 2015	44,664
Provided during the period	3,268

As at 31 March 2016	47,932

Net Book Value
As at 31 March 2016	9,870

As at 1 April 2015	12,379

Page 2

Agrah Restaurant Limited

Notes to the Abbreviated Accounts (continued)

For The Year Ended 31 March 2016

3. Share Capital

	Value	Number	2016	2015
Allotted, called up and fully paid	£		£	£
Ordinary shares	1.000	3000	3,000	3,000

Ordinary A shares	1.000	1	1	1

Ordinary B shares	1.000	1	1	1

Ordinary C shares	1.000	1	1	1

Ordinary D shares	1.000	1	1	1




		3004	3,004	3,004

4. Ultimate Controlling Party

The company is controlled by the directors who own 86.67% of the called up share capital.