Registered Number 06953333

AARA LIMITED

Abbreviated Accounts

31 December 2013

AARA LIMITED Registered Number 06953333

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 454 605
454 605
Current assets
Stocks 3,500 3,500
Cash at bank and in hand 233 344
3,733 3,844
Creditors: amounts falling due within one year (250) (250)
Net current assets (liabilities) 3,483 3,594
Total assets less current liabilities 3,937 4,199
Creditors: amounts falling due after more than one year (12,064) (13,142)
Total net assets (liabilities) (8,127) (8,943)
Capital and reserves
Called up share capital 3 100 100
Profit and loss account (8,227) (9,043)
Shareholders' funds (8,127) (8,943)
  • For the year ending 31 December 2013 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 19 September 2014

And signed on their behalf by:
AbdulAziz Patel, Director

AARA LIMITED Registered Number 06953333

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 the value of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures & fittings 25% reducing balance
Office equipment 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 January 2013 1,243
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2013 1,243
Depreciation
At 1 January 2013 638
Charge for the year 151
On disposals -
At 31 December 2013 789
Net book values
At 31 December 2013 454
At 31 December 2012 605
3Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
100 Ordinary shares of £1 each 100 100