Abbreviated Company Accounts - AHZ NEWS LIMITED

Registered Number 08533945

AHZ NEWS LIMITED

Abbreviated Accounts

31 May 2014

AHZ NEWS LIMITED Registered Number 08533945

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	16,933
		16,933
Current assets
Stocks		4,274
Debtors		2,063
Cash at bank and in hand		447
		6,784
Creditors: amounts falling due within one year		(22,816)
Net current assets (liabilities)		(16,032)
Total assets less current liabilities		901
Total net assets (liabilities)		901
Capital and reserves
Called up share capital		100
Profit and loss account		801
Shareholders' funds		901

For the year ending 31 May 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 16 February 2015

And signed on their behalf by:
Muhammad Zeashan DIN, Director

AHZ NEWS LIMITED Registered Number 08533945

Notes to the Abbreviated Accounts for the period ended 31 May 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 the total invoice value, excluding value added tax, of sales made during the period.

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, fittings
and equipment - 15% Reducing balance

2Tangible fixed assets

	£
Cost
Additions	19,925
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	19,925
Depreciation
Charge for the year	2,992
On disposals	-
At 31 May 2014	2,992
Net book values
At 31 May 2014	16,933