Registered Number 06932774

ALHASHIMI CENTRE FOR NATURAL HERBS LIMITED

Abbreviated Accounts

30 June 2014

ALHASHIMI CENTRE FOR NATURAL HERBS LIMITED Registered Number 06932774

Abbreviated Balance Sheet as at 30 June 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 7,462 9,328
Tangible assets 3 24,576 28,738
32,038 38,066
Current assets
Stocks 32,000 12,500
Debtors 17,065 52
Cash at bank and in hand 36 11,184
49,101 23,736
Creditors: amounts falling due within one year (41,054) (22,250)
Net current assets (liabilities) 8,047 1,486
Total assets less current liabilities 40,085 39,552
Total net assets (liabilities) 40,085 39,552
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 39,985 39,452
Shareholders' funds 40,085 39,552
  • For the year ending 30 June 2014 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 6 October 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 2014

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 excluding value added tax and discounts for plumbing works carried out and services provided for customers

Tangible assets depreciation policy
Depreciation: represents wear and tear of fixed assets calculated at 20% adopting the reducing balance method of depreciation

Intangible assets amortisation policy
Amortisation: represents wear and tear of fixed assets calculated at 20% adopting the reducing balance method of amortisation

Other accounting policies
Going Concern: The accounts have been prepared on the going concern assumption which assumes that the company will continue for the foreseeable future

Deferred Taxation: Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred Taxation is calculated on undiscounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse

Cash Flow Forecast: The company is exempt from the requirements of FRS1 as it qualifies as a small company

2Intangible fixed assets
£
Cost
At 1 July 2013 11,517
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2014 11,517
Amortisation
At 1 July 2013 2,189
Charge for the year 1,866
On disposals -
At 30 June 2014 4,055
Net book values
At 30 June 2014 7,462
At 30 June 2013 9,328
3Tangible fixed assets
£
Cost
At 1 July 2013 35,757
Additions 1,861
Disposals -
Revaluations -
Transfers -
At 30 June 2014 37,618
Depreciation
At 1 July 2013 7,019
Charge for the year 6,023
On disposals -
At 30 June 2014 13,042
Net book values
At 30 June 2014 24,576
At 30 June 2013 28,738
4Called Up Share Capital
Allotted, called up and fully paid:
2014
£		 2013
£
100 Ordinary shares of £1 each 100 100

5Transactions with directors

Name of director receiving advance or credit: M Alhashimi
Description of the transaction: Current Account - Credit
Balance at 1 July 2013: £ 7,727
Advances or credits made: £ 34,398
Advances or credits repaid: £ 24,614
Balance at 30 June 2014: £ 17,511