Abbreviated Company Accounts - AVAKIAN ORIENTAL CARPET TRADING LIMITED

Abbreviated Company Accounts - AVAKIAN ORIENTAL CARPET TRADING LIMITED


Registered Number 07689609

AVAKIAN ORIENTAL CARPET TRADING LIMITED

Abbreviated Accounts

31 July 2014

AVAKIAN ORIENTAL CARPET TRADING LIMITED Registered Number 07689609

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Current assets
Debtors 5,579 -
Cash at bank and in hand 39 100
5,618 100
Creditors: amounts falling due within one year (4,969) 0
Net current assets (liabilities) 649 100
Total assets less current liabilities 649 100
Total net assets (liabilities) 649 100
Capital and reserves
Called up share capital 2 100 100
Profit and loss account 549 0
Shareholders' funds 649 100
  • For the year ending 31 July 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 28 April 2015

And signed on their behalf by:
D Avakian, Director

AVAKIAN ORIENTAL CARPET TRADING LIMITED Registered Number 07689609

Notes to the Abbreviated Accounts for the period ended 31 July 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 net invoiced value of sales of goods excluding value added tax.

Other accounting policies
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100