Capital Rugs Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08723155 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 8 October 2013 to 31 October 2014

for

Capital Rugs Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Certified Accountants' Report

4

DIRECTOR:

B Ghasemi

REGISTERED OFFICE:

Unit No B10

961great West Road

Brentford

Middlesex

TW8 9FX

REGISTERED NUMBER:

08723155 (England and Wales)

ACCOUNTANTS:

Pearl Accountants Ltd

Pinnacle House

31 Cross Lances Road

Hounslow

Middlesex

TW3 2AD

CURRENT ASSETS

Debtors

1,794

Cash at bank

488

2,282

CREDITORS

Amounts falling due within one year

14,777

NET CURRENT LIABILITIES

(12,495

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,495

)

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

(12,595

)

SHAREHOLDERS' FUNDS

(12,495

)

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

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

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 8 July 2015 and were signed by:

B Ghasemi - 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 goods, excluding value added tax.

Deferred tax

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

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1

100

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited

financial statements, from which the unaudited abbreviated accounts (set out on pages two to three) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Capital Rugs Limited for the period ended 31 October 2014 which comprise the Profit and Loss Account, the Balance

Sheet, and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the director of Capital Rugs Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Capital Rugs Limited and state those matters that we have agreed to state to the director of Capital Rugs Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Capital Rugs Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Capital Rugs Limited. You consider that Capital Rugs Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Capital Rugs Limited. For this reason,

we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us

and we do not, therefore, express any opinion on the statutory financial statements.

The company is reliant upon the continued financial support of its directors, shareholders and related parties. The financial

statements do not include any adjustments that would result if the company were unable to continue as going concern.

Pearl Accountants Ltd

Pinnacle House

31 Cross Lances Road

Hounslow

Middlesex

TW3 2AD

8 July 2015