Registered Number 04876216

ABU BAKAR LIMITED

Abbreviated Accounts

30 November 2016

ABU BAKAR LIMITED Registered Number 04876216

Abbreviated Balance Sheet as at 30 November 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 139,407 148,809
139,407 148,809
Current assets
Stocks 136,128 121,417
Debtors 3,102 4,470
Cash at bank and in hand - 19,292
139,230 145,179
Creditors: amounts falling due within one year (149,881) (154,605)
Net current assets (liabilities) (10,651) (9,426)
Total assets less current liabilities 128,756 139,383
Creditors: amounts falling due after more than one year (6,712) (14,102)
Provisions for liabilities (13,012) (26,000)
Total net assets (liabilities) 109,032 99,281
Capital and reserves
Called up share capital 100 100
Profit and loss account 108,932 99,181
Shareholders' funds 109,032 99,281
  • For the year ending 30 November 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 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 30 August 2017

And signed on their behalf by:
A Hussain, Director

ABU BAKAR LIMITED Registered Number 04876216

Notes to the Abbreviated Accounts for the period ended 30 November 2016

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant & Machinery - 25% reducing balance basis
Fixtures & Fittings - 20% straight line basis
Motor Vehicles - 25% reducing balance basis
Equipment - 10% reducing balance basis

2Tangible fixed assets
£
Cost
At 1 December 2015 303,051
Additions 20,359
Disposals -
Revaluations -
Transfers -
At 30 November 2016 323,410
Depreciation
At 1 December 2015 154,242
Charge for the year 29,761
On disposals -
At 30 November 2016 184,003
Net book values
At 30 November 2016 139,407
At 30 November 2015 148,809