Abdeen (U.K.) Limited - Period Ending 2016-06-30

Abdeen (U.K.) Limited

trading as Abdeen (UK) Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2016

Tahas & Co Ltd
Certified Accountants & Tax Advisors
4 Town Quay Wharf
Abbey Road
Abbey Road
Barking
Essex
IG11 7BZ

Abdeen (U.K.) Limited
trading as Abdeen (UK) Ltd
Contents

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

2 to 3

Abdeen (U.K.) Limited
trading as Abdeen (UK) Ltd
(Registration number: 02037422)
Abbreviated Balance Sheet at 30 June 2016

	Note	2016 £	2015 £
Fixed assets
Tangible fixed assets		142,114	136,605
Current assets
Debtors		2,769	-
Investments		120,470	120,470
Cash at bank and in hand		6,229	617
		129,468	121,087
Creditors: Amounts falling due within one year		(5,957)	(3,538)
Net current assets		123,511	117,549
Net assets		265,625	254,154
Capital and reserves
Called up share capital	3	280,000	280,000
Profit and loss account		(14,375)	(25,846)
Shareholders' funds		265,625	254,154

For the year ending 30 June 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 director acknowledges his 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 director on 23 September 2016

.........................................
Mr Raja Mohammed Abdeen
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Abdeen (U.K.) Limited
trading as Abdeen (UK) Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 June 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost of valuation, less any estimated residual value, over the expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures & fittings	15%

Current asset investments

Current asset investments are included at the lower of cost and net realisable value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 2

Abdeen (U.K.) Limited
trading as Abdeen (UK) Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 June 2016
......... continued

2	Fixed assets

	Tangible assets £	Total £
Cost
At 1 July 2015	147,179	147,179
Additions	7,438	7,438
At 30 June 2016	154,617	154,617
Depreciation
At 1 July 2015	10,574	10,574
Charge for the year	1,929	1,929
At 30 June 2016	12,503	12,503
Net book value
At 30 June 2016	142,114	142,114
At 30 June 2015	136,605	136,605

3	Share capital

Allotted, called up and fully paid shares

	2016			2015
		No.	£		No.	£
Ordinary of £1 each		280,000	280,000		280,000	280,000

Page 3