Abbreviated Company Accounts

SC334833 A & B JAVID LTD 2015-12-31 false 2015-01-01 2015-12-31 true SC334833 2015-01-01 2015-12-31 SC334833 2015-12-31 SC334833 2014-12-31 SC334833 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 SC334833 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number SC334833

A & B JAVID LTD

Abbreviated Accounts

31 December 2015

A & B JAVID LTD Registered Number SC334833

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		2	2
Fixed assets
Tangible assets	2	113,448	114,368
		113,448	114,368
Current assets
Stocks		23,122	25,001
Debtors		1	1
Cash at bank and in hand		-	91
		23,123	25,093
Creditors: amounts falling due within one year	3	(50,934)	(39,679)
Net current assets (liabilities)		(27,811)	(14,586)
Total assets less current liabilities		85,639	99,784
Creditors: amounts falling due after more than one year	3	(80,316)	(95,846)
Total net assets (liabilities)		5,323	3,938
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		5,321	3,936
Shareholders' funds		5,323	3,938

For the year ending 31 December 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 29 September 2016

And signed on their behalf by:
ATIF JAVID, Director

A & B JAVID LTD Registered Number SC334833

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounting statements are prepared under the historic cost convention and comply with financial reporting standards of the Accounting Standards Board.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2015	139,153
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	139,153
Depreciation
At 1 January 2015	24,785
Charge for the year	920
On disposals	-
At 31 December 2015	25,705
Net book values
At 31 December 2015	113,448
At 31 December 2014	114,368

3Creditors

	2015 £	2014 £
Instalment debts due after 5 years	80,316	88,798

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2