Abbreviated Company Accounts - ALHASHIMI CENTRE FOR NATURAL HERBS LIMITED

ALHASHIMI CENTRE FOR NATURAL HERBS LIMITED Registered Number 06932774

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	5,970	7,462
Tangible assets	3	19,661	24,576
		25,631	32,038
Current assets
Stocks		-	32,000
Debtors		13,837	17,064
Cash at bank and in hand		1,312	36
		15,149	49,100
Creditors: amounts falling due within one year		(42,262)	(23,518)
Net current assets (liabilities)		(27,113)	25,582
Total assets less current liabilities		(1,482)	57,620
Creditors: amounts falling due after more than one year		(38,608)	(17,585)
Total net assets (liabilities)		(40,090)	40,035
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		(40,190)	39,935
Shareholders' funds		(40,090)	40,035

For the year ending 30 June 2015 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 17 December 2015

And signed on their behalf by:
M Alhashimi, Director

ALHASHIMI CENTRE FOR NATURAL HERBS LIMITED Registered Number 06932774

Notes to the Abbreviated Accounts for the period ended 30 June 2015

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
Turnover: represents sales during the year excluding VAT and discounts attributable to its trading activities as a Herbs Centre

Tangible assets depreciation policy
Depreciation: represents wear and tear of fixed assets depreciated at the rate of 20% using the reducing balance method of Depreciation

Other accounting policies
Deferred Taxation: is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Going Concern: The accounts are prepared on the going concern basis which assumes that the company will continue its trading activities in existence for the foreseeable future

Cash Flow Statement: The company is exempt from the requirements to prepare a cash flow statement as qualifies as a small company

2Intangible fixed assets

	£
Cost
At 1 July 2014	11,517
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	11,517
Amortisation
At 1 July 2014	4,055
Charge for the year	1,492
On disposals	-
At 30 June 2015	5,547
Net book values
At 30 June 2015	5,970
At 30 June 2014	7,462

3Tangible fixed assets

	£
Cost
At 1 July 2014	37,618
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	37,618
Depreciation
At 1 July 2014	13,042
Charge for the year	4,915
On disposals	-
At 30 June 2015	17,957
Net book values
At 30 June 2015	19,661
At 30 June 2014	24,576

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100

100 Ordinary shares of £1.00 each

5Transactions with directors

Name of director receiving advance or credit:	M Alhashimi
Description of the transaction:	Director's Loan Account- credit balance
Balance at 1 July 2014:	£ 17,585
Advances or credits made:	£ 21,023
Advances or credits repaid:	-
Balance at 30 June 2015:	£ 38,608

Controlling Party: The director has an ultimate controlling power over the company's trading activities resulting into related party transactions. In the meantime he supports the company financially throughout the accounting reference period.