Zil Hoque Fine Art Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04824606 (England and Wales)

Abbreviated Accounts for the Year Ended 31st July 2014

for

Zil Hoque Fine Art Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr Z Hoque

SECRETARY:

City Cas Secretaries Limited

REGISTERED OFFICE:

City, Chartered Accountants

5th Floor Linen Hall

162-168 Regent Street

London

W1B 5TF

REGISTERED NUMBER:

04824606 (England and Wales)

ACCOUNTANTS:

City,Chartered Accountants

Suite 540, 5th Floor,

Linen Hall

162- 168 Regent Street

London

W1B 5TF

FIXED ASSETS

Tangible assets

2

772

535

CURRENT ASSETS

Stocks

25,363

25,363

Debtors

1,500

1,500

Cash at bank

15,028

9

41,891

26,872

CREDITORS

Amounts falling due within one year

(42,571

)

(53,946

)

NET CURRENT LIABILITIES

(680

)

(27,074

)

TOTAL ASSETS LESS CURRENT LIABILITIES

92

(26,539

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

91

(26,540

)

SHAREHOLDERS' FUNDS

92

(26,539

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 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 4th September 2014 and were signed by:

Mr Z Hoque - 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.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st August 2013

6,328

Additions

415

At 31st July 2014

6,743

DEPRECIATION

At 1st August 2013

5,793

Charge for year

178

At 31st July 2014

5,971

NET BOOK VALUE

At 31st July 2014

772

At 31st July 2013

535

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

£

1

Ordinary Shares of £1 each

£1

1

1