Abbreviated Company Accounts - SHAFIQUES LIMITED

06632570 SHAFIQUES LIMITED 2014-11-30 false 2013-12-01 2014-11-30 true 06632570 2013-12-01 2014-11-30 06632570 2014-11-30 06632570 2013-11-30 06632570 uk-gaap-cd-bus:Director1 2013-12-01 2014-11-30 06632570 uk-gaap-cd-bus:Director2 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-01 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 iso4217:GBP shares

Registered Number 06632570

SHAFIQUES LIMITED

Abbreviated Accounts

30 November 2014

SHAFIQUES LIMITED Registered Number 06632570

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	51,500	51,500
Tangible assets	3	21,386	23,771
		72,886	75,271
Current assets
Stocks		2,500	2,500
Cash at bank and in hand		4,786	80
		7,286	2,580
Creditors: amounts falling due within one year		(54,825)	(52,273)
Net current assets (liabilities)		(47,539)	(49,693)
Total assets less current liabilities		25,347	25,578
Creditors: amounts falling due after more than one year		(37,750)	(41,163)
Total net assets (liabilities)		(12,403)	(15,585)
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		(12,404)	(15,586)
Shareholders' funds		(12,403)	(15,585)

For the year ending 30 November 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 24 August 2015

And signed on their behalf by:
S U SIKDER, Director

SHAFIQUES LIMITED Registered Number 06632570

Notes to the Abbreviated Accounts for the period ended 30 November 2014

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents the net invoiced value of sales and services provided. It is attributable to the one principal activity of the Company wholly carried out in the United Kingdom.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Improvement to leasehold - Not accounted for
Equipment - 15% on reducing balance
Fixtures and Fittings - 15% on reducing balance
Office furniture and equipment - 15% on reducing balance

Other accounting policies
Stock
Stock has been valued at the lower of cost which includes attributable overheads and net realisable value.

2Intangible fixed assets

	£
Cost
At 1 December 2013	51,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	51,500
Amortisation
At 1 December 2013	-
Charge for the year	-
On disposals	-
At 30 November 2014	-
Net book values
At 30 November 2014	51,500
At 30 November 2013	51,500

3Tangible fixed assets

	£
Cost
At 1 December 2013	43,361
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	43,361
Depreciation
At 1 December 2013	19,590
Charge for the year	2,385
On disposals	-
At 30 November 2014	21,975
Net book values
At 30 November 2014	21,386
At 30 November 2013	23,771

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1