Company Registration No. 09462273 (England and Wales)
ALRAFIDAIN EXCHANGE LTD
Unaudited accounts
for the year ended 28 February 2019
ALRAFIDAIN EXCHANGE LTD
Unaudited accounts
Contents
ALRAFIDAIN EXCHANGE LTD
Company Information
for the year ended 28 February 2019
Director
Hassan Khadim ALI
Company Number
09462273 (England and Wales)
Registered Office
67 PRAED STREET
LONDON
W2 1NS
ALRAFIDAIN EXCHANGE LTD
Statement of financial position
as at 28 February 2019
Tangible assets
13,305
16,631
Cash at bank and in hand
52,845
25,372
Creditors: amounts falling due within one year
(52,176)
(25,811)
Net current assets/(liabilities)
669
(439)
Called up share capital
23,001
23,001
Profit and loss account
(9,027)
(6,809)
Shareholders' funds
13,974
16,192
For the year ending 28 February 2019 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 29 November 2019.
Hassan Khadim ALI
Director
Company Registration No. 09462273
ALRAFIDAIN EXCHANGE LTD
Notes to the Accounts
for the year ended 28 February 2019
ALRAFIDAIN EXCHANGE LTD is a private company, limited by shares, registered in England and Wales, registration number 09462273. The registered office is 67 PRAED STREET, LONDON, W2 1NS.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing Balance Method
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Tangible fixed assets
Fixtures & fittings
At 28 February 2019
25,820
At 28 February 2019
12,515
At 28 February 2019
13,305
At 28 February 2018
16,631
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Creditors: amounts falling due within one year
2019
2018
Loans from directors
52,176
25,811
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Average number of employees
During the year the average number of employees was 3 (2018: 3).
