Musa 4 Limited - Limited company accounts 11.6

REGISTERED NUMBER: 08142488 (England and Wales)

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2014

FOR

MUSA 4 LIMITED

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

M Bhad

SECRETARY:

M Bhad

REGISTERED OFFICE:

212C Romford road

Forest Gate

London

E7 9HY

REGISTERED NUMBER:

08142488 (England and Wales)

ACCOUNTANTS:

Fordhams & Co.

Chartered Accountants

Second Floor

61-67 Old Street

London

EC1V 9HW

The director presents his report with the financial statements of the company for the year ended 31 July 2014.

EVENTS SINCE THE END OF THE YEAR

Information relating to events since the end of the year is given in the notes to the financial statements.

DIRECTOR

M Bhad held office during the whole of the period from 1 August 2013 to the date of this report.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating

to small companies.

ON BEHALF OF THE BOARD:

M Bhad - Secretary

28 April 2015

TURNOVER

-

147,908

Cost of sales

-

156,062

GROSS LOSS

-

(8,154

)

Administrative expenses

3,171

1,355

(3,171

)

(9,509

)

Other operating income

5,908

4,240

OPERATING PROFIT/(LOSS)

2

2,737

(5,269

)

Interest receivable and similar income

86

5

PROFIT/(LOSS) ON ORDINARY ACTIVITIES BEFORE TAXATION

2,823

(5,264

)

Tax on profit/(loss) on ordinary activities

3

-

-

PROFIT/(LOSS) FOR THE FINANCIAL YEAR

2,823

(5,264

)

FIXED ASSETS

Tangible assets

4

116,993

-

CURRENT ASSETS

Cash at bank

7,372

6

CREDITORS

Amounts falling due within one year

5

126,805

5,269

NET CURRENT LIABILITIES

(119,433

)

(5,263

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,440

)

(5,263

)

CAPITAL AND RESERVES

Called up share capital

6

1

1

Profit and loss account

7

(2,441

)

(5,264

)

SHAREHOLDERS' FUNDS

(2,440

)

(5,263

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the director on 28 April 2015 and were signed by:

M Bhad - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	OPERATING PROFIT/(LOSS)

The operating profit (2013 - operating loss) is stated after charging:

Period

13.7.12

Year Ended

to

31.7.14

31.7.13

£

£

Director's remuneration and other benefits etc

-

-

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the year ended 31 July 2014 nor for the period

ended 31 July 2013.

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

Additions

116,993

At 31 July 2014

116,993

NET BOOK VALUE

At 31 July 2014

116,993

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.14

31.7.13

£

£

Other creditors

126,805

5,269

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

£

1

Ordinary

£1

1

1

7.

RESERVES

Profit

and loss

account

£

At 1 August 2013

(5,264

)

Profit for the year

2,823

At 31 July 2014

(2,441

)

8.	CONTINGENT LIABILITIES

There were no contingent liabilities at the balance sheet date.

9.	POST BALANCE SHEET EVENTS

No significant events took place after the balance sheet date.